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SBD Global/December 11, 2012/Franchises
Hearts Owner Romanov Insists Club Will Not Go Out Of Business On His Watch
Published December 11, 2012
GETTING IN A DIG: The SCOTSMAN wrote that Romanov "could not resist a dig at the Foundation of Hearts, the consortium led by Alex Mackie." Romanov said, "The starting offer of the Foundation of Hearts was more of a bad joke. They offered to take over the club for £450,000 ($723,000) and for us still to fund it until January. I am surprised they want to buy the club with supporters’ money and not invest their personal wealth like I did." Despite this, Romanov favors the idea of fan ownership. Romanov: "We want to make Hearts the people’s club, but the success of this will depend on how the media portray it" (SCOTSMAN, 12/10).