Hearts: Romanov still at helm

Hearts have denied suggestions that Vladimir Romanov has stepped down as owner of the club.

Last Updated: 05/03/13 at 17:19 Post Comment

Vladimir Romanov: Still retains ownership of Hearts, the club insists

Vladimir Romanov: Still retains ownership of Hearts, the club insists

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Romanov and the rest of the board of Ukio Banko Investicine Grupe (UBIG), the investment group who own Hearts, recently resigned their positions at the bank.

But the Edinburgh club are keen to emphasise there have been no changes to the boardroom structure at Tynecastle.

"Despite recent changes to the Board at UBIG, the Board structure at Heart of Midlothian remains unchanged," Hearts director Sergejus Fedotovas said in a statement on the club's official website.

"The information that Mr Vladimir Romanov has relinquished his control of Hearts is pure speculation and we do not have any information to that effect.

"Changes at UBIG board do not reflect any changes in the holding structure of Mr Romanov's ownership.

"I would like to reassure supporters of the club that the Board of Hearts' focus is entirely on this club and continuing the work that has allowed us to be within touching distance of having a self-sustainable business.

"This then allows us to truly develop the club both on and off the field in the seasons ahead. It is a work in progress at the moment but we are satisfied with the progress being made.

"It is also right to acknowledge that one of the principle reasons for us being unaffected at this stage by events in Lithuania is the excellent support that the fans and staff have provided to the club.

"With this continued support and ongoing diligence by the club's Board of Directors we believe that there is no threat to Hearts."

Romanov put the club up for sale in November 2011 but is yet to find a buyer, having already rejected a bid from Italian businessman Angelo Massone, the former owner of Livingston.

Hearts also later issued a strong-worded statement denying they had informed staff at a meeting on Tuesday that the club was on the verge of going into administration.

The statement added: "The club can categorically state there was no such meeting and no such message imparted to staff."

TEAMtalk Facebook Fan Page

The TEAMtalk fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

M

eanwhile, England's best U21 players playing with those most likely to be in the senior team from 2020 onwards might increase their chances in those tournaments to a point where they could actually be potential winners. Unlike 2016.

shagwa
Wenger warns Hodgson

I

m not a doctor, but the cause is likely to be crap dancing after scoring. My prognosis is we may need to take that leg off.

GVMUFC
Rodgers reveals Sturridge woe

F

or the time being we just have to focus on the players we do have, Rodgers said. We have to make the best of what is available. Jesus wept!

rodger's gusset
Rodgers reveals Sturridge woe

Footer 365

Wenger warns Hodgson

Arsene Wenger has warned that England's chances at Euro 2016 may be hindered if senior players are allowed to take part in the European Under-21 Championship next summer.

Ched Evans: PFA understands Sheffield United's decision to retract training offer

The Professional Footballers Association says Sheffield United’s U-turn on Ched Evans is the right decision for all parties.

Dave Whelan controversy: Football Association to investigate comments by Wigan chairman

The Football Association has confirmed it will investigate comments made by Wigan chairman Dave Whelan.

Mail Box

A Funny Mail About Line Dancing & More

We have some great responses to young Jack's question about how readers first got into football. Plus, finally some intelligent thoughts on Dave Whelan's outburst...

United Fans Would Gladly Take Wilshere

That's the message to any Arsenal fans who don't appreciate the midfielder. Plus, plenty on everyone's current favourite football club chairman and a wee question about fandom...

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