Hearts soothes fears over club’s future

Scottish team Hearts says the future of the club is not at risk
despite administrators moving into majority shareholder Vladimir
Romanov’s Lithuanian bank.

Sergejus Fedotovas, a director at Hearts, says ”today’s events
in Lithuania will have very little effect on our day-to-day
business.”

Fedotovas said Tuesday that Romanov’s Ukio Bankas is an
”entirely separate entity” to Ukio Banko Investicine Grupe, which
is the majority owner of Hearts.

Hearts, which is 10th in the 12-team Scottish Premier League,
has been hit by financial problems this season, including an unpaid
tax bill. The club eventually paid the money owed and a transfer
embargo was lifted.