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Started By
Message
Lithuanian court freezes Hearts' assets
Posted on 4/12/13 at 1:17 pm
Posted on 4/12/13 at 1:17 pm
Bye
quote:
The future ownership of Hearts has been thrown into doubt after a court in Lithuania froze the assets of the SPL club.
At the hearing in Kaunus, assets controlled by Russian-born businessman Vladimir Romanov, and his UBIG investment vehicle which controls Hearts, were seized.
A number of companies are suing Romanov, and his sister Olga Goncaruk, in an effort to recover 'large debts' jointly undertaken by the pair.
In a statement, court spokeswoman Gintare Putnikiene said: "Any sale or transfer of UBIG's shares in Hearts or its other property is forbidden."
The move comes two months after Lithuania's central bank suspended operations at Ukio Bankas, majority-owned by Romanov, citing irregularities.
3
Posted on 4/12/13 at 2:13 pm to TN Bhoy
Soccer Board GAF Meter freezes at zero.
Posted on 4/12/13 at 2:46 pm to TN Bhoy
quote:
Bye
do you want Celtic to just play in a league of 1 team or something?
Posted on 4/12/13 at 7:56 pm to TN Bhoy
Again, I'm starting to believe football is not played in Scotland. Only reports you ever see are about banks and bigots.
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