Webchat: Moira Gordon on the future of Hearts
The future of Hearts still hangs in the balance but, after Friday, those involved in salvaging things at the club now feel that matters are marginally weighted in their favour. Provided the delicate negotiations are not derailed by unhelpful third parties.
It’s been a long, hard battle, which began in earnest just over a year ago when the former regime threatened that the gates could be closed permanently unless fans dug deep. The club was again a matter of days from being forced into liquidation. Creditors and shareholders approved a Company Voluntary Arrangement (CVA) that should ultimately see the club transferred into the hands of fans’ group Foundation of Hearts, provided Lithuanian parent company UBIG can be convinced to hand over their 50 per cent shareholding.