Hearts Fans’ Group Submit Bid for Tynecastle Club

The Foundation of Hearts fans’ group has officially submitted a takeover bid for the Edinburgh club, marking the first group to do so.

Administrator BDO has set a deadline for 5:00pm on Friday for submissions and HMFC Limited who are backed by Club 9 Sports is expected to submit a bid as well.

Foundation of Hearts chairman Ian Murray said: “The bid is strong, credible and low risk. It provides a real opportunity for financial stability and a platform to grow the club we love again.

“At this point, we must respectively be a little quieter than we have been to allow the Hearts administrators BDO to not only reflect on our bid but any other bids that come in from anyone else.

“Today may be the start of the next chapter in the remarkable history of Heart of Midlothian Football Club.

“But, whatever happens, this club’s supporters will ensure it is a future as special as its past.”

The foundation stressed that their bid would take Hearts out of administration ‘with the ongoing backing of the supporter base, move towards a position of financial stability.’