Ricky_ 893 Posted May 20, 2013 Share Posted May 20, 2013 BBCBMcLauchlin @BBCBMcLauchlin1mSPL rule no insolvency for UBIG #bbcsportscot Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted May 20, 2013 Author Share Posted May 20, 2013 not really sure how you come to that conclusion from the rules that are in place. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted May 20, 2013 Share Posted May 20, 2013 We should try and contact UBIG offices in Morrison Street Quote Link to post Share on other sites More sharing options...
WeDontDoWalkingAway1872 303 Posted May 20, 2013 Share Posted May 20, 2013 How does that work Quote Link to post Share on other sites More sharing options...
gogzy 31,195 Posted May 20, 2013 Share Posted May 20, 2013 shocked at this......oh wait, no I'm not. Quote Link to post Share on other sites More sharing options...
The Godfather 72,082 Posted May 20, 2013 Share Posted May 20, 2013 not really sure how you come to that conclusion from the rules that are in place.Losing Hearts would buckle their plans.Simple. Quote Link to post Share on other sites More sharing options...
WeDontDoWalkingAway1872 303 Posted May 20, 2013 Share Posted May 20, 2013 http://sport.stv.tv/football/clubs/hearts/225636-hearts-parent-company-ubig-insolvent-according-to-reports-in-lithuania/ Quote Link to post Share on other sites More sharing options...
KingKirk 25,699 Posted May 20, 2013 Share Posted May 20, 2013 How does this work Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted May 20, 2013 Author Share Posted May 20, 2013 Chris McLaughlin @BBCchrismclaug17m#SPL say they are satisfied no insolvency event took place at UBIG during season 2012/2013 based on info available. #Heartshttp://www.bloomberg.com/news/2013-05-16/hearts-majority-owner-ubig-is-insolvent-bankruptcy-body-says.htmlHearts Majority Owner UBIG Is Insolvent, Bankruptcy Body Says Quote Link to post Share on other sites More sharing options...
blueoutthedome 87 Posted May 20, 2013 Share Posted May 20, 2013 What a load of SPL shite Quote Link to post Share on other sites More sharing options...
KingKirk 25,699 Posted May 20, 2013 Share Posted May 20, 2013 Chris McLaughlin @BBCchrismclaug17m#SPL say they are satisfied no insolvency event took place at UBIG during season 2012/2013 based on info available. #Heartshttp://www.bloomberg...-body-says.htmlFuckin stinks Quote Link to post Share on other sites More sharing options...
WeDontDoWalkingAway1872 303 Posted May 20, 2013 Share Posted May 20, 2013 Hope we sue the SPL Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted May 20, 2013 Share Posted May 20, 2013 I can see Dundee taking this further Quote Link to post Share on other sites More sharing options...
The Godfather 72,082 Posted May 20, 2013 Share Posted May 20, 2013 Why did anyone expect anything different.There was no way they were letting the second biggest club in the current SPL set up go under when the game is in the shitter. Quote Link to post Share on other sites More sharing options...
Alnic3856 358 Posted May 20, 2013 Share Posted May 20, 2013 Going to be fucking hilarious when Hearts fold DURING the season when the administrators call in the £25m owed to UBIG and UKIO. I'm getting the popcorn in for that one. Quote Link to post Share on other sites More sharing options...
nachothelegend 1,932 Posted May 20, 2013 Share Posted May 20, 2013 I can see Dundee taking this furtherShould Them and us have just been done like a skipper.No. Surprises at this. Quote Link to post Share on other sites More sharing options...
FlippinEck 3,708 Posted May 20, 2013 Share Posted May 20, 2013 Is this a bad thing? If Hearts get a deduction next season, I would imagine that would relegate them, and who will be waiting for them in Division 1 Quote Link to post Share on other sites More sharing options...
FernandoR20 2,133 Posted May 20, 2013 Share Posted May 20, 2013 Utter bollocks Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted May 20, 2013 Author Share Posted May 20, 2013 Is this a bad thing? If Hearts get a deduction next season, I would imagine that would relegate them, and who will be waiting for them in Division 1 indeed, they lose the dundee derby with dundee going down, then next season it's likely Hearts get wound up mid season if they survive the summer. Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted May 20, 2013 Share Posted May 20, 2013 The spl couldn't lose hearts Imagine trying to get a tv deal with no Glasgow or Edinburgh derby They have already stated this today that they are struggling Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted May 20, 2013 Author Share Posted May 20, 2013 Comes on the same day as Regan admits there is no sponsor lined up for next season. Quote Link to post Share on other sites More sharing options...
Shuggy 1,308 Posted May 20, 2013 Share Posted May 20, 2013 Reading the report, seems they couldn't make up their minds and so defaulted to "no insolvency".Postpones the inevitable. Quote Link to post Share on other sites More sharing options...
cushynumber 25,178 Posted May 20, 2013 Share Posted May 20, 2013 so even though it reported all over the news that UBIG are insolvent (they asked for it themselves), the SPl say they aren't. So thats that. Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted May 20, 2013 Share Posted May 20, 2013 The SFA says its an SPL dilemma But I'm sure it can be passed to the SFA to then look into itI'm not sure how that's triggered though Both have different ways of dealing with insolvency events I think this could run a little longer Especially if you are an SPL chairman not happy with this Quote Link to post Share on other sites More sharing options...
wearethepeople1 3,897 Posted May 20, 2013 Share Posted May 20, 2013 What a surprise Quote Link to post Share on other sites More sharing options...
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