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New fears for Hearts over effect of crisis at bank

FRESH concerns have been raised over the Vladimir Romanov company that owns Hearts as Lithuanian authorities unravel a key part of the mogul's business empire.

Bankers believe that if Romanov's Ukio Bankas goes under, sister company Ukio Banko Investicine Grupe (UBIG) – which owns the Tynecastle club – would be affected.

Hearts said the Ukio Bankas collapse would have little effect on the day to day running of the Edinburgh club.

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Finance

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