Vladimir Romanov has taken the first step towards handing over control of Hearts to supporters after unveiling plans to raise £1.79m through a share offer.
Vladimir Romanov has taken the first step towards handing over control of Hearts to supporters after unveiling plans to raise £1.79m through a share offer.
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Staff Writer
The Lithuanian owner is ready to ease his grip on the Tynecastle club with an initiative that would free up more than a 10% of his stake.
Shares, at 11 pence each, are available for purchase from Saturday morning and those attending the game against Ross County will be handed a brochure outlining the plans. The need for investment in the Scottish Cup winners, who are £24m in debt, has been made clear by their failure to pay six players and manager John McGlynn on time in September and October.
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