Hearts strongly denied that the club held a meeting with staff yesterday to warn them of the impending prospect of administration.
Hearts strongly denied that the club held a meeting with staff yesterday to warn them of the impending prospect of administration.
Vladimir Romanov stepped down from the board of UBIG
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Richard Wilson
The rebuttal was in response to a story that appeared on STV's website, describing the report as "ignorant" and shameless", and threatening to take legal action over it.
Hearts recently launched a share issue to raise funds to pay a potential tax bill but also provide cash-flow relief and meet a funding shortfall for the remainder of the Clydesdale Bank Premier League season. Recent events in Lithuania, though, have cast further uncertainty on the club's immediate future.
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