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THE OFFICIAL: "LET'S ALL LAUGH AT HEARTS"


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LITHUANIAN prosecutors have demanded Hearts owner Vladimir Romanov offer up more evidence he has suffered a stroke.

The colorful Tynecastle chief reportedly fell ill on a visit to Moscow earlier this week and was rushed to hospital.

He has told reporters in Lithuania he has no immediate plans to return to the country and will undergo further tests in Moscow next week.

Russian doctors have sent a medical certificate to Lithuania’s Financial Crime Investigation Service, who are probing Romanov amid allegations of embezzlement and fraud following the collapse of Ukio Bankas.

However, prosecutor Simon Minkevicius claimed the medical certificate raised as many questions as answers.

He said: “The certificate is missing some required particulars and does not meet our requirements. It raises a certain amount of doubt.

“The medical certificate must have medical institution stamps but some data is missing.

“Mr Romanov has promised to send a further medical document, then we will deal with the next steps.”

Romanov told Lithuanian reporters he has spent time in a Moscow hospital but did not specify where. He claims he has since been discharged.

He said: “I’ve just been released from the hospital - I go back to see the doctor again next week.”

Hearts are in the dark about the wellbeing of Romanov, whose Ubig group controls 79 per cent of shares in the club.

A spokesman said: “We’ve not had any notification that Mr Romanov has suffered a stroke but if that’s the case our thoughts are naturally with him and his family.”

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Hearts director Sergejus Fedotovas has confirmed to BBC Scotland that the club's parent company UBIG has asked to be declared insolvent.

    Fedotovas is a former board member of UBIG as well as being a member of the Tynecastle club's board.

    The Lithuanian investment company has been placed on a list of companies "unable to meet their obligations".

    The list is published on the Lithuanian government's Enterprise Bankruptcy Management Department website.

    UBIG and their sister company Ukio Bankas, which has collapsed with debts of £380m, own 79% of Hearts' shares.

    Hearts owe £10m to UBIG and £15m to Ukio Bankas, who are in the process of challenging a bankruptcy order in Lithuania.

    The Scottish Premier League has been monitoring the situation with some clubs having raised questions as to whether Hearts were in danger of suffering an insolvency event.

    If that should happen before Sunday, there could be a risk Hearts would incur a 17-point penalty and thus be relegated.

    As things stand, bottom club Dundee are on their way to the First Division and there is a 13-point gap between the Dens Park side and Hearts.

    Hearts play their final match of the season against Aberdeen at Pittodrie on Saturday.

The phrase 'cock tease' springs to mind

 

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Excellent!!  :rofl:

 

Never stops being funny that pic.

 

haha just saw this, I was living in Edinburgh at the time and remember seeing a Hearts Premier League Champions hat lying in the middle of the road that someone had thrown away round the corner from our house LOL.

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    The financial crisis engulfing Hearts will be on the agenda when the Scottish Premier League board meets on Monday.

    Hearts' Lithuanian parent company UBIG has asked to be declared insolvent but no court hearing has yet taken place.

    SPL rules state that the season finishes on the completion of all fixtures, which is Sunday afternoon.

    But if the SPL board decides there has been a rule breach prior to the season's end, any subsequent action will apply to this campaign.     That could mean that Hearts are deducted a third of the 52 points they earned in season 2011/12.     Rounded up, the loss of 18 points would mean they finish bottom of the table, behind Dundee.     The SPL are currently gathering all relevant information regarding UBIG's bid to be declared insolvent.     And the league is taking legal advice on its rules surrounding insolvency matters.

    UBIG and their sister company Ukio Bankas, to whom Hearts owe £15m and which has collapsed with debts of £380m, own 79% of Hearts' shares.

    Hearts play their final league game of the current campaign at Aberdeen on Saturday.

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Jambos have signed Danny Wilson on a three year deal from Liverpool. Worth a look when they go burst in the summer?

 

WTF

 

How can they possibly do that ?

Realise there are no sanctions in place to stop them signing players, but seriously how can they do that, and secondly what does it say about the boy Wilson going there ???

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A CONSORTIUM of Scandinavian businessmen vying to take control of Hearts have dispatched a legal team to Lithuania to thrash out a deal for the club.

The unnamed syndicate comprised of six Norwegian businessmen “with an educational background from Edinburgh”, first surfaced several months ago.

However, their interest was thought to have flagged until the sudden release of a statement through sports management firm, Crest SportsGroup. Talks between the group and rival consortium Foundation of Hearts had taken place back in February but a second round of discussions in regards a joint bid never materialised.

The group have now made clear their intentions with “a comprehensive business case and action plan” in place and “a team working full time ?in Kaunas” to monitor the ?situation.

Their statement reads: “We have made contact with the appropriate authorities in Lithuania and elsewhere to gain access to the necessary information, as well as make it known that this group of businessmen may be interested in fielding a bid for the club.

“We currently have a team working full-time in Kaunas to monitor the situation and keep contact with the appropriate parties in relation to the situation at Heart of Midlothian FC. This team includes the necessary local legal capacity to field a bid for the club and negotiate the terms of a takeover, should a decision to move ahead be taken.”

However the group have also made it clear that they are unwilling to take on any of the club’s current £25 million debt.

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