Next Game

Hearts v Cowdenb'th

Saturday, 20 September 2014, 15:00

Scots Champ

Last Game

Dumbarton 0 - 0 Hearts

Saturday, 13 September 2014, 15:00

Scots Champ

Hearts reject crisis claims

SPL club Hearts have angrily rejected claims that their staff have been warned the club could enter administration.

Last Updated: 05/03/13 at 18:34 Post Comment

Hearts fans haven't had much to shout about this season

Hearts fans haven't had much to shout about this season

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

A story on Scottish Television website STV stated that it understood employees of Hearts "were informed of the prospect at a meeting on Tuesday morning".

Uncertainty arose over the finances of the team that sit second from bottom in the SPL on Monday night when the entire board of Ukio Banko Investicine Grupe (UBIG), the investment group who own Hearts, resigned from the Lithuanian company.

But Hearts deny such action took place on Tuesday and in a story on the club's website said: "Heart of Midlothian FC vehemently refutes media claims that its staff were told at a meeting that the club could go into administration.

"The report on the Scottish Television website lacks any sort of foundation and is misleading in the extreme. The club can categorically state there was no such meeting and no such message imparted to staff.

"Such erroneous stories cause distress not only to our staff but their families and the club will be taking the strongest action possible against the responsible parties."

A Hearts spokesperson added: "We are sickened and disgusted by such unsubstantiated content. Articles such as this which have no factual basis, show a complete ignorance of the facts and reflect very badly on the profession of journalism.

"It is a straight-forward shameless act to destabilise the club and we will consider applying for legal advice to seek justice and damages for the business."

Vladimir Romanov, who had been the majority owner of the bank Ukio Bankas, which was declared insolvent in February, quit as chairman of UBIG a week ago. He is still the owner of the club.

Club director Sergejus Fedotovas also stepped down from his duties at UBIG.

Hearts were issued with a transfer ban last year because of late wage and bonus payments. Although this was lifted in January, Hearts are still restricted to signing U-21 players until the end of the season with a one-in one-out policy.

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

H

ilarious, thanks for that. But if I may, I do suspect the reason of your partners' ire is not Tottenham, but most probably all the compusilve gambling :)

DannySmith
Backing Costa To Keep Banging 'Em In

T

wo police horses in a paddock. Horse 1: What's with the long face? Horse 2: I'm working St James Park this weekend.

hump3.
Pardew braced for protests

T

wo things. First, I can't stop reading your name as 'Dane Bowers'. Second, you used the words 'philosophy' and 'Redknapp' in the same sentence.

ajsr1982
Can United's Defence Handle Ulloa?

Footer 365

Premier League: Man City manager Manuel Pellegrini not concerned by Yaya Toure's form

Manchester City manager Manuel Pellegrini has no concerns over the form or commitment of midfielder Yaya Toure.

Transfer news: Chelsea's Jose Mourinho plays down Cristiano Ronaldo transfer talk

Chelsea boss Jose Mourinho has played down speculation about signing Cristiano Ronaldo.

Dundee boss Paul Hartley anticipates a good derby with United

Dundee boss Paul Hartley maintains his players have no fears as they prepare for the derby match with Dundee United.

Mail Box

Be Careful What You Wish For, Gooners

That's the message from a Man United fan in the mailbox. Plus, thoughts on Paul Lambert's new contract, the Alan Pardew dilemma at Newcastle and lots more...

No, Wenger IS To Blame For Failure...

The backlash to the backlash to the backlash sees Arsene Wenger getting a good kicking while we also have mails on Chelsea, Newcastle, Everton and lots more...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property