bennett Posted October 5, 2018 Share Posted October 5, 2018 15 minutes ago, Green Day said: Christ almighty, you lifted that from your moronic mates in Rangers Media and it's utter bollocks. Hibs were bought out of receivership by Tom Farmer. Read about it here ya fanny - http://www.hibshistoricaltrust.org.uk/events/hands-off-hibs https://www.scotsman.com/sport/football/teams/hibernian/on-this-day-in-1988-the-public-flotation-that-almost-sunk-hibs-1-4808909/amp Nothing to do with Rangers media, quotes from Tom Farmer. Hibs were liquidated and are a new club. -3 Quote Link to comment Share on other sites More sharing options...
Green Day Posted October 5, 2018 Share Posted October 5, 2018 16 minutes ago, bennett said: https://www.scotsman.com/sport/football/teams/hibernian/on-this-day-in-1988-the-public-flotation-that-almost-sunk-hibs-1-4808909/amp Nothing to do with Rangers media, quotes from Tom Farmer. Hibs were liquidated and are a new club. Ok, words of one syllable. Edinburgh Hibernian plc (latterly Forth Investments plc) went into receivership (insolvency) in 1991 because as well as owning Hibernian FC Ltd, it also owned those "trendy wine bars" that were in bother. Tom Farmer then used that crisis to separate out Hibernian FC Ltd from Edinburgh Hibernian plc, as he bought Hibernian FC Ltd from the receiver of Edinburgh Hibernian plc. Pattulo doesn't really understand what actually happened, and Farmer is describing how he gave the small shareholders "new shares" in the new company for nowt. But, feel free to investigate further. You will find the paragraph above to be 100% accurate 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted October 5, 2018 Share Posted October 5, 2018 9 hours ago, Dons_1988 said: In all seriousness it's pretty tinpot having him in the hall of fame. He was in Scotland for 2, maybe 3 seasons? Leaving aside all his history as a person it just screams that we were incredibly grateful to have any sort of talent in the Scottish game, however fleeting it was, and however it was paid for.... Entirely this. Even if we make the leap of imagining that Paul Gascoigne was a decent bloke who acted with grace and class throughout his stay here, this move would smack of needy inferiority and be wrong headed. Given that he was about as removed from this as possible, it's utterly insane. He was an excellent player, but he appeared only fleetingly, couldn't be afforded and behaved despicably. A really terrible idea to mark what he did in this way. 0 Quote Link to comment Share on other sites More sharing options...
Joey Jo Jo Junior Shabadoo Posted October 5, 2018 Share Posted October 5, 2018 Tommy Coyne was top scorer in the top league on 3 separate occasions. 3 different teams. 2 of those diddies. Unprecedented. Hall Of Fame? Nae chance. He didn't play for Scotland, after all. Wait a minute... 2 Quote Link to comment Share on other sites More sharing options...
Snifter Pee Rot Posted October 6, 2018 Share Posted October 6, 2018 2 hours ago, Green Day said: Christ almighty, you lifted that from your moronic mates in Rangers Media and it's utter bollocks. Hibs were bought out of receivership by Tom Farmer. Read about it here ya fanny - http://www.hibshistoricaltrust.org.uk/events/hands-off-hibs Yup. Another Zombie fail. No cva, no liquidation. Farmer did not buy 'assets' from a dead club like Charlie Green. 0 Quote Link to comment Share on other sites More sharing options...
Dindeleux Posted October 6, 2018 Share Posted October 6, 2018 Bennett confirming new club status. 1 Quote Link to comment Share on other sites More sharing options...
RandomGuy. Posted October 6, 2018 Share Posted October 6, 2018 8 hours ago, bennett said: https://www.scotsman.com/sport/football/teams/hibernian/on-this-day-in-1988-the-public-flotation-that-almost-sunk-hibs-1-4808909/amp Nothing to do with Rangers media, quotes from Tom Farmer. Hibs were liquidated and are a new club. "That almost sunk hibs" Clues in the title you fucking moron. 3 Quote Link to comment Share on other sites More sharing options...
Stellaboz Posted October 6, 2018 Share Posted October 6, 2018 WHAAAAAYYYYY 0 Quote Link to comment Share on other sites More sharing options...
TheScarf Posted October 6, 2018 Share Posted October 6, 2018 Pretty sure he tried the same with the Middlesbrough thing too. Think they almost went to the wall in ‘86. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 6, 2018 Share Posted October 6, 2018 1 hour ago, RandomGuy. said: "That almost sunk hibs" Clues in the title you fucking moron. " the original club people had bought shares in went into liquidation. There was a new club, a new Hibernian" Direct quotes from Tom Farmer. They went into liquidation and are a new club, a new Hibernian, infact this is Hibs MK3...... -3 Quote Link to comment Share on other sites More sharing options...
jagfox Posted October 6, 2018 Share Posted October 6, 2018 Check out @John04834681’s Tweet: 2 Quote Link to comment Share on other sites More sharing options...
Green Day Posted October 6, 2018 Share Posted October 6, 2018 1 minute ago, bennett said: " the original club people had bought shares in went into liquidation. There was a new club, a new Hibernian" Direct quotes from Tom Farmer. They went into liquidation and are a new club, a new Hibernian, infact this is Hibs MK3...... 9 hours ago, Green Day said: Ok, words of one syllable. Edinburgh Hibernian plc (latterly Forth Investments plc) went into receivership (insolvency) in 1991 because as well as owning Hibernian FC Ltd, it also owned those "trendy wine bars" that were in bother. Tom Farmer then used that crisis to separate out Hibernian FC Ltd from Edinburgh Hibernian plc, as he bought Hibernian FC Ltd from the receiver of Edinburgh Hibernian plc. Pattulo doesn't really understand what actually happened, and Farmer is describing how he gave the small shareholders "new shares" in the new company for nowt. But, feel free to investigate further. You will find the paragraph above to be 100% accurate OK, reposting mine above as you apparently "didnt notice" the first time. Just to help out further, the football club is Hibernian FC Ltd. Farmer is talking about the rise of the club after almost going breasts skywards Keep going, you will get there eventually 1 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 6, 2018 Share Posted October 6, 2018 Just now, Green Day said: OK, reposting mine above as you apparently "didnt notice" the first time. Just to help out further, the football club is Hibernian FC Ltd. Farmer is talking about the rise of the club after almost going breasts skywards Keep going, you will get there eventually The quotes from Farmer are very clear and very honest. Hibs went into liquidation and are a new club. But what does Tom Farmer know... -3 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted October 6, 2018 Share Posted October 6, 2018 So how come Hibs weren't "punished" by being "relegated" to the lowest division of the Scottish League? 2 Quote Link to comment Share on other sites More sharing options...
Swordfishtrombone Posted October 6, 2018 Share Posted October 6, 2018 16 minutes ago, jagfox99 said: Check out @John04834681’s Tweet: I'd love to know his other 3 thoughts during the day. It's good that there is a cutting off point where he ceases to think. 2 Quote Link to comment Share on other sites More sharing options...
RandomGuy. Posted October 6, 2018 Share Posted October 6, 2018 5 minutes ago, Jacksgranda said: So how come Hibs weren't "punished" by being "relegated" to the lowest division of the Scottish League? Because they're Catholics, obviously 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 6, 2018 Share Posted October 6, 2018 4 minutes ago, Jacksgranda said: So how come Hibs weren't "punished" by being "relegated" to the lowest division of the Scottish League? That is an interesting question, one can only assume that back then hardly anyone was online, so there wasn't the social media bandwagon to spread interest/hatred. Hibs being liquidated twice in their history tho.... H3bs -3 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted October 6, 2018 Share Posted October 6, 2018 14 minutes ago, Jacksgranda said: So how come Hibs weren't "punished" by being "relegated" to the lowest division of the Scottish League? 2 minutes ago, bennett said: That is an interesting question, one can only assume that back then hardly anyone was online, so there wasn't the social media bandwagon to spread interest/hatred. There was even less social media in 1967, didn't save Third Lanark. 1 Quote Link to comment Share on other sites More sharing options...
Snifter Pee Rot Posted October 6, 2018 Share Posted October 6, 2018 Farmer didn't buy assets from a liquidator after a failed cva. Funny that. The debt was also non football, entirely made up of Duffs investment in English public houses while using Hibs as collateral. No social tax dodging. 0 Quote Link to comment Share on other sites More sharing options...
Green Day Posted October 6, 2018 Share Posted October 6, 2018 This story was in The Scotsman on wednesday - and nobody (except Bennett and his Rangers Media chums) pays those lines one bit of attention, as everyone knows the truth. If we had been liquidated (and somehow kept it under wraps) isnt it probable that some Hearts fans (not the guys on here, but the kickback bampots) might......just might.........have been all over this like a rash, putting it all over twitter etc? Unless I have missed it - none of that happened. For the benefit of simpletons - Hibs - AIM Parent company went in Receivership - Farmers lawyers unpicked the separate football club company, bought it from the receiver and took it private, gifting any equivalent shares to fans Hearts - Ukio Bankas/Ubig went into administration - Budge bought the football club from the administrator and I think also recognises shares fans bought in the old organisation - certainly those fans still go to shareholders dinners etc. Rangers - Went into liquidation Hope that helps clarify things 7 Quote Link to comment Share on other sites More sharing options...
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