Hearts reject Mackie approach

Hearts have declined an "opportunistic" approach from a consortium led by businessman Alex Mackie and reported "positive" talks over fan ownership of the Tynecastle club.

Last Updated: 13/11/12 at 20:57 Post Comment

A consortium wants to buy out Hearts owner Vladimir Romanov

A consortium wants to buy out Hearts owner Vladimir Romanov

More of the games that matter

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

The struggling club have a £1.75m tax case hanging over them which was revealed when a £1.79m share issue was recently launched.

Hearts have entered initial discussions with Supporters Direct, the government-backed organisation set-up to promote fan ownership, as well as confirming they have received and rejected a 'note of interest' from a consortium led by Mackie.

A statement on the club's website read: "The proposal has no consideration of cash for the shares of the club, even if the debt is removed completely and demonstrates a staggering misjudgement of the value of the club and a worrying lack of understanding of the situation.

"At best it is opportunistic; an attempt to exploit what is a difficult financial situation at the club. No evidence was provided on how the club would be operated and resourced after any potential purchase."

The statement added that the club remains open to "genuine offers" and will continue to operate with the support of the fans through the current share issue and other fundraising.

Club director Sergejus Fedotovas said: "When we move the club on it will be to the right people at the right time.

"With this in mind we have held positive initial discussions with Supporters Direct and we have asked this organisation for further talks on how we might be able to structure an appropriate supporter led buy-out of the club.

"At present we will continue these talks with Supporters Direct in parallel with maintaining the momentum that is gathering behind the club's share issue and other fundraising activities."

He added: "Together the staff, players, supporters, club partners and political and community groups are already making their mark on the club.

"With their continued support we do believe can steer through the current financial challenges we face."

More of the games that matter

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

Related News

Most Commented

Readers' Comments

S

o Brendan is full of sh!t, who'd have thought it eh?

fatbob30
Carroll accuses Rodgers

P

resumably, you wanted to keep the version of Downing that was never seen at Anfield. The one that another manager has managed to re-create. The one you passed over.

badwolf
Rodgers: I wanted to keep Downing

T

he uber commercialisation of the 90s has led to the point where this overly familar, try hard, jolly hockey sticks type fronts up a major football match on a weekly basis. Unlike the great presenters of yesteryear, I doubt he would even recognise the scent of Brut.

mufc phil
Football On TV: Jake Humphrey

Footer 365

Nemanja Matic says Chelsea happy to maintain their five-point Premier League lead

Midfielder Nemanja Matic was happy to take a point after Chelsea's 1-1 draw with Manchester City.

Roberto Martinez delighted with 'immense' Everton's 1-0 win at Crystal Palace

Roberto Martinez believes his side can now reach their true potential after ending their winless run at Crystal Palace.

Premier League: Chelsea maintain five-point lead after 1-1 draw with Manchester City

Chelsea remain five points clear at the top of the Premier League after a 1-1 draw with second-placed Manchester City.

Mail Box

'Costa Is A Bad Man. Suarez Is Not'

That's quite some claim. And yes, unfortunately we are still talking about this. We also have mails on Ronaldinho, possible replacements for Yaya Toure and more...

Red Mist Better Than Calculated Costa?

Hmmm. We're not sure about this argument - one Mailbox says Luis Suarez is easier to forgive because he is a little loco. We also have mails on Studge and more...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company