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SBD Global/February 18, 2013/Franchises

SPL Hearts Director Sergejus Fedotovas Says Several Parties Interested, Club's Sale Imminent

Scottish Premier League club Heart of Midlothian has been in talks with a fans consortium fronted by Supporters Direct Chief Paul Goodwin and "could be sold off before the end of the season," according to Evan McLean of the Scotland DAILY RECORD. However, Hearts Dir Sergejus Fedotovas "would not confirm if the fans' buy-out bid is their favoured option." Fedotovas said, "There are a number of interested parties and discussions are ongoing. Nothing will happen today or tomorrow. Most will be looking towards the end of the season" (DAILY RECORD, 2/17). The SCOTSMAN reported Fedotovas "also tried to allay fears about the club’s future" in the wake of Lithuanian bank Ukio Bankas, which is controlled by club Owner Vladimir Romanov, entering administration. Fedotovas said, "Alarm bells never stop in the media. It’s business as usual. We don’t having anything to fear." Fedotovas stressed that "the club is majority owned" by Romanov’s Ukio Banko Investicine Grupe, of which Ukio Bankas is just one business (SCOTSMAN, 2/17).
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