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Sunday, 02 August 2015, 12:30

Scots Prem

Burley: Hearts will survive

Former Hearts manager George Burley believes the club will overcome the current financial uncertainty.

Last Updated: 13/11/12 at 19:04 Post Comment

George Burley is confident Hearts will continue as one of Scotland's top clu

George Burley is confident Hearts will continue as one of Scotland's top clu

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Hearts have a Friday deadline to pay £450,000 tax bill or face a winding-up order from Her Majesty's Revenue and Customs.

Reports suggest a consortium of Edinburgh businessmen are preparing to make a move to buy the club from majority shareholder Vladimir Romanov.

A £1.75million tax case was also revealed when a £1.79m share issue was recently launched, a scheme which could result in fan ownership.

"Hearts may be the third biggest club in Scotland so it would be a disaster," Burley told Sky Sports News.

"Hopefully they'll come through it and build from there. I spoke to one or two people at Hearts, in the boardroom, on Saturday. I think they're optimistic.

"A club like Hearts, such a big club, I'm optimistic things will come right."

Former Hearts player Gary Mackay is one of many aiming to raise funds and has claimed a contribution from Harry Redknapp, who took Tottenham to Tynecastle in the Europa League in August 2011.

Mackay told Sky Sports News: "Scott Crabbe and I, ex-players, have set up the 1874 fighting fund and the response we've had has been wonderful.

"A lot of ex-players and Harry Redknapp, the ex-Tottenham Hotspur manager, they've all pledged #100 to kick start that fighting fund.

"We'll pick up debts, because there are one or two debts and we'll have money in our coffers to work with on a weekly, monthly, yearly basis."

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