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Romanov Threatens to Walk


hmfc_liam06

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Interesting, I have no problem with businesses being asked to contribute to the city council and conform to H&S when building large construction etc. If it were a Tesco we would have no problem with it. Hearts are a business but they are also a city attraction and a leisure activity for people. I think its okay for the council to ask for some cash but not be OTT.

 

At the end of the day European football will put the city on the map and bring more revenue in to the city.

 

Definitely. Hearts are a business but they also add something important to the overall amenity of the city. I respect the need for building controls and H&S regulations but I have little or no time for the way in which the planning system works. It's a ridiculously ineffective, costly, laborious and inadequate process. The council should be doing everything they can to assist Hearts in overcoming the obstacles holding up this project.

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If Vlad can stand up against the OF and the Scottish Mafia Association then I am sure he can do the same with the council. Mind you, gives the hobos something to get excited about cos really they've got feck all else!

When has he stood up to them with out being put back down?

 

 

If the council have a problem with something then surely it is up to Hearts to sort out,it will be the same with every plan put through.

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Interesting turn, Allan Preston stated on the radio today that he had discussed this with the journalist in question (Brian something) and the journalist was astonished that it had been turned into a negative as the interview was wholly positive. Preston had a bit of a dig at the "local press".

Serges interview is on the bbc link on the poppy thread.

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I take it Sergay has changed his name to Green Day?

 

"I have personally been authorised by the FSA, so know more about this than those flumps who will undoubtedly shortly be commenting on the EEN website about 'hibby cooncil' and 'corrupt FSA'."

 

And CraigHibee seems to have forgotten about 2006

 

"The thing I find the funniest about the yamtards debt is they have got themselves into such a funny mess and have absolutely hee haw McGraw to show for it! No league title, no new stand, no champions league cup win, could go on!"

 

No doubt he was one of many who failed to show up for the semi-final which led to that particular triumph.

 

Trumpets the pair of them

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The Hibsman and The Edinburgh Evening Hobo are both part of the struggling Johnson Press group.

 

http://www.johnstonpress.co.uk/jpplc/investorcentre/shareprice/

 

Now on its way to being a penny share, sitting at 11p down from 30p 6 months ago....

Negative local journalism is one way to get the punters to buy the damn thing on impulse, with shock-horror headlines.

 

My advice, read it if online we must but don't ever buy the freekin' thing with your hard earned cash.

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Francis Albert

When has he stood up to them with out being put back down?

 

 

If the council have a problem with something then surely it is up to Hearts to sort out,it will be the same with every plan put through.

 

Christ, so we are expected to fix the tram project too!

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Serges interview is on the bbc link on the poppy thread.

 

I recognise that, but isn't it correct that these reports came from the same interview? Also, bear in mind that Allan Preston was talking about local press twisting the facts of the statement.

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This is the same council that is in charge of the tram ptoject :whistling: they could not organise a piss up in a brewry :woot:

 

still im dure they will be creaming themselves over on patspeshypants.net about this news. :ermm:

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Guest Freewheelin' Jambo

Great combination of words:

 

Vladimir

 

Romanov

 

Wants

 

To

 

Sell

 

Hearts

 

Anyone out there? Please!!!!!!!!!!

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pretty much the main reason for Vlad investing in Scottish foortball (and remember that he approached other clubs before us) is that he wants his bank to be able operate here.

 

stories like this one here UKIOS BANKAS - MONEY LAUNDERING are not going to help sway the FSA whether they are true or not!

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pretty much the main reason for Vlad investing in Scottish foortball (and remember that he approached other clubs before us) is that he wants his bank to be able operate here.

 

stories like this one here UKIOS BANKAS - MONEY LAUNDERING are not going to help sway the FSA whether they are true or not!

 

 

link does not work :whistling: sniff sniff :blink:

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Great combination of words:

 

Vladimir

 

Romanov

 

Wants

 

To

 

Sell

 

Hearts

 

Anyone out there? Please!!!!!!!!!!

 

 

I doubt it somehow. :huh:

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Interesting turn, Allan Preston stated on the radio today that he had discussed this with the journalist in question (Brian something) and the journalist was astonished that it had been turned into a negative as the interview was wholly positive. Preston had a bit of a dig at the "local press".

 

Heard this on the radio as well ... they were quite dismissive about the selective nature of the EEN / Scotsman report and stated that the original interview had been quite balanced and there was a lot of positive content which the local press had chosen to ignore. The closing remark was something like "So if you want balanced journalism, get it from the BBC !" Once again our friends at the Johnson Press Group haven't let the truth get in the way of a good story and have chosen to follow their anti-Romanov agenda.

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Great combination of words:

 

Vladimir

 

Romanov

 

Wants

 

To

 

Sell

 

Hearts

 

Anyone out there? Please!!!!!!!!!!

 

:lol:

 

Thanks for your input. See you the next time the EEN comes out with similar shite; give my regards to JR in the meantime. :)

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For the sake of the remaining employees of the Hibsman and Hibernian Evening News, is it not about time that these Edinburgh based (weegie printed) publications got behind THE team in Edinburgh. Their focus on all things allegedly bright with that stain on our city, there beloved HibernianFC should end now. They have barked up the wrong tree and may find it is riddled with disease (like the followers of their favourite team) and will soon be chopped down for good.

 

The same goes for the council, the quicker they realise that there is only ONE main football team in this city the better.

 

 

Both should get behind the Heart of Midlothian FC and do as the rest of this beautiful city does and stick a large middle finger up at the stains from Leithiopia.

 

 

:thumbsup:

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Was really hoping for more substance to this story, ideally Vlad being quoted as saying "I want to sell" After his disastrous tenior, we're only worth a quid but the massive debt will take a huge investment. The day Vlad sells could potentially be one of the brightest days in Hearts history. Was very surprised at the quotes in the story attributed to Leslie Deans, despite the many massive mistakes Vlad has made, Deans still holds him in high regard, or is it judt because he doesn't want to admit to being wrong inselling his shares to someone who then ran the club so badly.

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portobellojambo1

Without going into the ins and out of the article (other than to state I think it is an EEN interpretation to suit the remaining few who actually read the shit they produce) there remains one aspect of this which I cannot really get my head round.

 

There are ethanol vats somewhere within the North British Distillery buildings which are causing concern, or I take that to be the case, as this seems to be the main stumbling block in progressing the building of the main stand. Those ethanol vats exist at the moment, in close proximity to a stadium which on a good day could have 17,400 people inside it. The council, or whoever is acting on their behalf, appear to have no problem with 17,400 being inside Tynecastle at the present time, with the existence of those vats, but if the capacity is increased to around 24,000 it then becomes a problem of some sort.

 

I just don't understand what difference it makes if there are 17,000 or 24,000 inside Tynecastle. Surely, if they consider the ethanol vats to be a serious H & S issue they would have insisted something was done before now, or are they happy if 17,400 are caught up within a potential blast zone yet worried about the potential total number of victims being 24,000. The way I'm grasping it at the moment it reeks of shit from the council.

 

However, maybe I don't fully comprehend the reasoning why an increase in capacity suddenly makes a situation which seems acceptable now then unacceptable. If anyone can clarify the position I'd be grateful.

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It wouldn't surprise me at all if Romanov finally decided to sell.

 

 

This main stand saga has been going on since Phil Anderton's appointment in 2005. If I was involved in these discussions I'd probably lose the will to live.

 

 

However, just because the Scotsman wrote it, or any newspaper for that matter, it doesn't mean it is 'true' or will happen any time soon.

 

 

Hypothetically speaking then, and it is hypothetical at this stage, the key question would not be 'is he going to sell', but instead: 'what would happen to us if he did'.

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Without going into the ins and out of the article (other than to state I think it is an EEN interpretation to suit the remaining few who actually read the shit they produce) there remains one aspect of this which I cannot really get my head round.

 

There are ethanol vats somewhere within the North British Distillery buildings which are causing concern, or I take that to be the case, as this seems to be the main stumbling block in progressing the building of the main stand. Those ethanol vats exist at the moment, in close proximity to a stadium which on a good day could have 17,400 people inside it. The council, or whoever is acting on their behalf, appear to have no problem with 17,400 being inside Tynecastle at the present time, with the existence of those vats, but if the capacity is increased to around 24,000 it then becomes a problem of some sort.

 

I just don't understand what difference it makes if there are 17,000 or 24,000 inside Tynecastle. Surely, if they consider the ethanol vats to be a serious H & S issue they would have insisted something was done before now, or are they happy if 17,400 are caught up within a potential blast zone yet worried about the potential total number of victims being 24,000. The way I'm grasping it at the moment it reeks of shit from the council.

 

However, maybe I don't fully comprehend the reasoning why an increase in capacity suddenly makes a situation which seems acceptable now then unacceptable. If anyone can clarify the position I'd be grateful.

 

councils are insane, i heard on talk sport yesterday about a council down south going into a housing estate with police escort and removing every door mat, and washing line, and bikes that were outside properties.

 

The reason for this madness, health and safety, it seems if a fire broke out people could trip on doormats as they escape, clothes ropes could cause the firebrigade a problem, as would bikes :blink:

 

some nun who stayed in one of the houses caused a scene and managed ro retain her door mat :woot:

 

This is the crazy world that the council live in, they allow a school to be built that is also in the near vicinity of these vats, but have a problem with a new stand that is further away from the vats, than the other 3 stands, yet the existing stand is deemed as okay :blink:

despite being in the same footprint as the new proposed stand :lol: but the old health and safety boys have to get there oar in.

 

What next, maybee an asteroid could hit Tynecastle err thats a health and safety issue, everyone should wear hard hats too the games and fireproof suits to protect us from such an event taking place :whistling:

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Malinga the Swinga

After reading this thread, and then reading evening news story, I finally decided to listen to the complete interview from the Hearts website from Sergejus, to see what was actually said. I'm sorry, but where has all this pessimism come from. The interview was extremely positive, and Sergejus was enthuiastic about Hearts youth, the Zal signing, templetons performances, and KK and Novis getting called up to national squads.

 

The whole interview is nine minues long and the bit about the council must take up at least a minute and a half of that, yet somehow, the sh**e roll that is the Evening news turns this into 3 pages of anti hearts propaganda, to suit their own agenda. No doubt they wil lead on Monday with Hibs win, whilst ours will be relegated again to some side column. This rag is sinking fast into a cesspit of its own making, and the descent into p**h headlines is accelarating their own demise.

 

Please, listen to theinterview provide, it is free for anyone on the official site, and make up your own minds, and leave Barry Anderson to jerk off on his own. Truly, the man is a secretion froma spare [mod edit] by Chick Young.

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I recognise that, but isn't it correct that these reports came from the same interview? Also, bear in mind that Allan Preston was talking about local press twisting the facts of the statement.

Correct. Outrageous journalism, there is absolutely nothing negative in that interview!!!!

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councils are insane, i heard on talk sport yesterday about a council down south going into a housing estate with police escort and removing every door mat, and washing line, and bikes that were outside properties.

 

The reason for this madness, health and safety, it seems if a fire broke out people could trip on doormats as they escape, clothes ropes could cause the firebrigade a problem, as would bikes :blink:

 

some nun who stayed in one of the houses caused a scene and managed ro retain her door mat :woot:

 

This is the crazy world that the council live in, they allow a school to be built that is also in the near vicinity of these vats, but have a problem with a new stand that is further away from the vats, than the other 3 stands, yet the existing stand is deemed as okay :blink:

despite being in the same footprint as the new proposed stand :lol: but the old health and safety boys have to get there oar in.

 

What next, maybee an asteroid could hit Tynecastle err thats a health and safety issue, everyone should wear hard hats too the games and fireproof suits to protect us from such an event taking place :whistling:

 

 

 

The type of busy-body, do-goooding, neck-scarf-wearing people whose sole desire in life is to run local councils are exactly the sort of people who shouldn't be allowed to run local councils.

 

 

We don't have to look too far or hard to find examples of their best **** ups.

 

 

9909_08_3050---Preparing-Princes-Street--Edinburgh-for-the-arrival-of-trams_web.jpg

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Guest vanbasten1874

After reading this thread, and then reading evening news story, I finally decided to listen to the complete interview from the Hearts website from Sergejus, to see what was actually said. I'm sorry, but where has all this pessimism come from. The interview was extremely positive, and Sergejus was enthuiastic about Hearts youth, the Zal signing, templetons performances, and KK and Novis getting called up to national squads.

 

The whole interview is nine minues long and the bit about the council must take up at least a minute and a half of that, yet somehow, the sh**e roll that is the Evening news turns this into 3 pages of anti hearts propaganda, to suit their own agenda. No doubt they wil lead on Monday with Hibs win, whilst ours will be relegated again to some side column. This rag is sinking fast into a cesspit of its own making, and the descent into p**h headlines is accelarating their own demise.

 

Please, listen to theinterview provide, it is free for anyone on the official site, and make up your own minds, and leave Barry Anderson to jerk off on his own. Truly, the man is a secretion froma spare [mod edit] by Chick Young.

 

 

Spot on im the worlds worst for reading EEN gash when i know i shouldnt but i always have to the back of my mind the angle from which this rag is coming from ie ANTI HMFC .

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For the sake of the remaining employees of the Hibsman and Hibernian Evening News, is it not about time that these Edinburgh based (weegie printed) publications got behind THE team in Edinburgh. Their focus on all things allegedly bright with that stain on our city, there beloved HibernianFC should end now. They have barked up the wrong tree and may find it is riddled with disease (like the followers of their favourite team) and will soon be chopped down for good.

 

The same goes for the council, the quicker they realise that there is only ONE main football team in this city the better.

 

 

Both should get behind the Heart of Midlothian FC and do as the rest of this beautiful city does and stick a large middle finger up at the stains from Leithiopia.

 

 

:thumbsup:

 

funnily enough the EEN goes out of its way today to say that they do back both clubs. Evening News Supports Hearts Shock they must've anticipated your post!

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If Vlad can stand up against the OF and the Scottish Mafia Association then I am sure he can do the same with the council. Mind you, gives the hobos something to get excited about cos really they've got feck all else!

 

well...we got to give them some dort of hope...surely?

 

Another non story probably fuelled from humilatedinanotherderby.net

:whistling:if all else fails,make shiite up

 

 

Interesting turn, Allan Preston stated on the radio today that he had discussed this with the journalist in question (Brian something) and the journalist was astonished that it had been turned into a negative as the interview was wholly positive. Preston had a bit of a dig at the "local press".

seems like the usual nonsense,take a positive and see how we can make it a negative,though how anyone can try and doubt Romanovs commitment the week he agrees to "write ooff " 10m debt is beyond me

 

 

The Hibsman and The Edinburgh Evening Hobo are both part of the struggling Johnson Press group.

 

http://www.johnstonp...tre/shareprice/

 

Now on its way to being a penny share, sitting at 11p down from 30p 6 months ago....

Negative local journalism is one way to get the punters to buy the damn thing on impulse, with shock-horror headlines.

 

My advice, read it if online we must but don't ever buy the freekin' thing with your hard earned cash.

who would buy this?i know i do check the stories online gut that it

 

 

pretty much the main reason for Vlad investing in Scottish foortball (and remember that he approached other clubs before us) is that he wants his bank to be able operate here.

 

stories like this one here UKIOS BANKAS - MONEY LAUNDERING are not going to help sway the FSA whether they are true or not!

"Lithuanian Vladimir Romanov?s bank, Ukio Bankas, is at the centre of a 1.7 billion euros money-laundering probe, a British tabloid News Of The World announced recently."

i stopped reading there

 

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This is not a new story.

 

Anyway Vlad is spot on. He and his group have pumped millions into the economy and wants to pump millions more but the council and the FSA are bein morons.

 

The bank has met every request put to them but still are getting nowhere due to the FSA's prejudicial views about all things Eastern European being dodgy whilst ignoring our own shambolic banks.

 

The council too are clueless when it comes to the stadium. They played politics with Mercer because he was a Tory and now they are playing politics again tottally oblivious to the true value to Edinburgh speending most of the time and money on one tram line, which no-one wants and for which they have a cheek to want to charge Hearts for.

 

 

I couldn't agree more.

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Last I heard they have met them though. That is the point.

 

If the the FSA are the final arbiters and they say he hasn't, I suggest whatever you've heard is wrong.

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aye it does. maybe an issue with your browser........

 

you were doing so well as well :lol: undercover hobo :whistling: must try harder :woot::woot:

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Jesus, this will have the Vladsheep sheep.gif on here jumping off cliffs, causing self-harm and considering ending it all, if you know any, I advise setting up some sort of support 'MadVladline' or maybe if you know one of these unfortunates, I will leave it up to your conscience. whistling.gif

 

LOL - I think there is a flock of Anti Vlad sheep !

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Francis Albert

pretty much the main reason for Vlad investing in Scottish foortball (and remember that he approached other clubs before us) is that he wants his bank to be able operate here.

 

stories like this one here UKIOS BANKAS - MONEY LAUNDERING are not going to help sway the FSA whether they are true or not!

I would sort of hoped that the truth or otherwise of the stories might have SOME influence on the FSA. But given their track record, you may well be right.

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Geoff Kilpatrick

pretty much the main reason for Vlad investing in Scottish foortball (and remember that he approached other clubs before us) is that he wants his bank to be able operate here.

 

stories like this one here UKIOS BANKAS - MONEY LAUNDERING are not going to help sway the FSA whether they are true or not!

 

 

Ah, yes, because no British bank has been fined for money laundering.

 

Oh,...

 

http://www.business7.co.uk/business-news/breaking-business-news/2010/08/03/rbs-agrees-to-pay-record-fine-for-breaching-anti-money-laundering-regulations-97298-22460767/

 

Do one, hobo!

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There must be some reason why Vlad doesn't have his licence to operate in the UK from the FSA yet. :ninja:

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Geoff Kilpatrick

There must be some reason why Vlad doesn't have his licence to operate in the UK from the FSA yet. :ninja:

 

 

Without knowing the reasons, I would guess it is around the capital requirements for solvency and how that is being supported. It's probably the biggest barrier to entry in the UK financial services market.

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pretty much the main reason for Vlad investing in Scottish foortball (and remember that he approached other clubs before us) is that he wants his bank to be able operate here.

 

I won't pretend to understand Vlad, but since you do, can you please explain why pouring tens of millions of pounds (or whatever) into a football club would assist in this aim?

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Seymour M Hersh

I know I shouldn't have bothered looking but I did and found this wonderful snippet of hobospeak:

 

[/size][/font][/color]

Seriously? Do you think they actually speak like this? Y'know...in the pub...when they're discussing football...is this the stuff they come out with?!

 

No of course not. Most of them can barely converse in the Queen's English. However, some of them have worked out how to cut & paste.

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Seymour M Hersh

There must be some reason why Vlad doesn't have his licence to operate in the UK from the FSA yet. :ninja:

 

I heard a story a long time ago (maybe over a year) that it was RBS and HBoS who were creating the problems for Ukio, No idea what they were meant to be doing or if it is correct or not but another possible reason I suppose.

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ToadKiller Dog

I know I shouldn't have bothered looking but I did and found this wonderful snippet of hobospeak:

 

[/size][/font][/color]

Seriously? Do you think they actually speak like this? Y'know...in the pub...when they're discussing football...is this the stuff they come out with?!

 

Pub ??? dont you mean park bench with the meths bottle in a brown paper bag

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Guest GhostHunter

Hate to burst anyone's bubble, but I know for a fact that Romanov's been open to offers from buyers for the last 3 years.

 

It would be interesting to see if any of our Lithuanian members are still around to hear what they've got to say from their end, but this whole thing is a complete non-story...why would he D2E for 10m and then walk away ?

 

He's prone to stupidity at times, but not when it comes to money.

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ToadKiller Dog

Hate to burst anyone's bubble, but I know for a fact that Romanov's been open to offers from buyers for the last 3 years.

 

It would be interesting to see if any of our Lithuanian members are still around to hear what they've got to say from their end, but this whole thing is a complete non-story...why would he D2E for 10m and then walk away ?

 

He's prone to stupidity at times, but not when it comes to money.

 

Yes Romanov has always said he would consider the right offer way back to the time the Hibs Plumber first raised his head .

Makes the Hibsman story even less relevant

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It wouldn't surprise me at all if Romanov finally decided to sell.

 

 

This main stand saga has been going on since Phil Anderton's appointment in 2005. If I was involved in these discussions I'd probably lose the will to live.

 

 

However, just because the Scotsman wrote it, or any newspaper for that matter, it doesn't mean it is 'true' or will happen any time soon.

 

 

Hypothetically speaking then, and it is hypothetical at this stage, the key question would not be 'is he going to sell', but instead: 'what would happen to us if he did'.

http://scotlandonsunday.scotsman.com/sport/Unlikely-ally-for-Vladamir-Romanov.6625188.jp

 

Anderton having a dig at the council

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Great combination of words:

 

Vladimir

 

Romanov

 

Wants

 

To

 

Sell

 

Hearts

 

Anyone out there? Please!!!!!!!!!!

 

:rofl:

 

Was really hoping for more substance to this story, ideally Vlad being quoted as saying "I want to sell" After his disastrous tenior, we're only worth a quid but the massive debt will take a huge investment. The day Vlad sells could potentially be one of the brightest days in Hearts history. Was very surprised at the quotes in the story attributed to Leslie Deans, despite the many massive mistakes Vlad has made, Deans still holds him in high regard, or is it judt because he doesn't want to admit to being wrong inselling his shares to someone who then ran the club so badly.

 

:rofl:

 

thank the lord that these two deluded souls are in a tiny and diminishing minority of 'hearts supporters'.

 

in larger numbers and with a lot more credibility, these sorts might have ended up being the real reason why vladimir would have wanted to walk away.

 

as it is i'm sure vlad will realise that, amongst the army of appreciative hearts fans, there will always be the odd crank.

 

once more... :rofl:

 

up ye's.

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Coburg Hearts

:rofl:

 

 

 

:rofl:

 

thank the lord that these two deluded souls are in a tiny and diminishing minority of 'hearts supporters'.

 

in larger numbers and with a lot more credibility, these sorts might have ended up being the real reason why vladimir would have wanted to walk away.

 

as it is i'm sure vlad will realise that, amongst the army of appreciative hearts fans, there will always be the odd crank.

 

once more... :rofl:

 

up ye's.

 

Very well said, that man (ViC) My main worry was not that Vlad would walk but that he would be driven out by negativity, leaving us up the creek without a paddle...in fact, without a boat.

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Chad Sexington

:rofl:

 

 

 

:rofl:

 

thank the lord that these two deluded souls are in a tiny and diminishing minority of 'hearts supporters'.

 

in larger numbers and with a lot more credibility, these sorts might have ended up being the real reason why vladimir would have wanted to walk away.

 

as it is i'm sure vlad will realise that, amongst the army of appreciative hearts fans, there will always be the odd crank.

 

once more... :rofl:

 

up ye's.

 

Word! :lol:

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Hate to burst anyone's bubble, but I know for a fact that Romanov's been open to offers from buyers for the last 3 years.

 

It would be interesting to see if any of our Lithuanian members are still around to hear what they've got to say from their end, but this whole thing is a complete non-story...why would he D2E for 10m and then walk away ?

 

He's prone to stupidity at times, but not when it comes to money.

 

Think you burst your own bubble with your last sentence. whistling.gif

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Francis Albert

I won't pretend to understand Vlad, but since you do, can you please explain why pouring tens of millions of pounds (or whatever) into a football club would assist in this aim?

I wish someone would answer this. I have never understood the supposed link between investing in Hearts and opening a bank in Edinburgh. "Gain influence with the Edinburgh business community" was one line - ignoring the fact that the Edinburgh business community has generally shown zero interest in putting money into Hearts and would mostly think anyone doing so was financially incompetent. His earlier interest in Dundee and Dunfermline is also somehow supposed to be evidence of the link - puzzling unless Dunfermline Building Society's fame as a financial institution spread more widely than I ever imagined.

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Great combination of words:

 

Vladimir

 

Romanov

 

Wants

 

To

 

Sell

 

Hearts

 

Anyone out there? Please!!!!!!!!!!

 

 

::mickeylove:: ::mickeylove:: ::mickeylove::

 

 

Was really hoping for more substance to this story, ideally Vlad being quoted as saying "I want to sell" After his disastrous tenior, we're only worth a quid but the massive debt will take a huge investment. The day Vlad sells could potentially be one of the brightest days in Hearts history. Was very surprised at the quotes in the story attributed to Leslie Deans, despite the many massive mistakes Vlad has made, Deans still holds him in high regard, or is it judt because he doesn't want to admit to being wrong inselling his shares to someone who then ran the club so badly.

 

 

::mickeylove:: ::mickeylove:: ::mickeylove::

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Hate to burst anyone's bubble, but I know for a fact that Romanov's been open to offers from buyers for the last 3 years.

 

It would be interesting to see if any of our Lithuanian members are still around to hear what they've got to say from their end, but this whole thing is a complete non-story...why would he D2E for 10m and then walk away ?

 

He's prone to stupidity at times, but not when it comes to money.

 

If the intention is to sell, then capitalising the losses might make it easier to do so. Limits the one off hits to UBIG too if they can take the hits piecemeal.

 

Would guess that the debts at ?28m are still about ?18-20m too high for anyone to be interested though.

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ToadKiller Dog

I wish someone would answer this. I have never understood the supposed link between investing in Hearts and opening a bank in Edinburgh. "Gain influence with the Edinburgh business community" was one line - ignoring the fact that the Edinburgh business community has generally shown zero interest in putting money into Hearts and would mostly think anyone doing so was financially incompetent. His earlier interest in Dundee and Dunfermline is also somehow supposed to be evidence of the link - puzzling unless Dunfermline Building Society's fame as a financial institution spread more widely than I ever imagined.

 

I think Vlad had a romantic view of Scotland and the UK ,given his comments about Dundee being his first choice due to watching the place when a Submariner ( Good to know that if war had come he would have been on the boat that blew me up) and his picture

of the Tay rail bridge on hid wall . Since then he has had that dream destroyed by the reality of Scotish and the UK authorities and Businness practices. He is a proper emotion filled Russian where emotion and practicalities often combust when mixed .

 

Glad we have him here ,I think we need him at the helm for a a while more yet .

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I heard a story a long time ago (maybe over a year) that it was RBS and HBoS who were creating the problems for Ukio, No idea what they were meant to be doing or if it is correct or not but another possible reason I suppose.

 

They contributed towards the problem.

 

In order to operate a bank needs to be a clearing bank or use a clearing bank. UKIO being a relatively small operation did not see the point of paying costs to be a clearing bank in its own right, it costs something like ?1 million so approached the big players to operate under their licence for a fee and this went on for a long time.

 

Eventually they did come to an agreement with RBS but as it was about to be concluded RBS took cold feet after an article in the Financial Times, I think, on Eastern European banks which questioned their regulation and money laundering laws. That was what I was led to believe.

 

Given what has happened to RBS and the likes during and since, with them going t!ts up and then fined a record for breaching money laundering laws I find it quite amusing they though UKIO was a risk.

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