Tag: Foundation of Hearts
‘Stop throwing rocks, come and join us on Hearts Foundation’ urges outgoing former chair
Stuart Wallace, who stands down from the Foundation of Hearts board in December, has sent a message to pledgers out there: "Rather than sitting on the outside throwing rocks, come and join us."
He would love to...
From Third Lanark fears to the largest fan owned club in the UK
Ann Budge and Stuart Wallace’s handshake on Monday was another milestone in the journey of Heart of Midlothian FC, and more importantly their new majority shareholders, the Foundation of Hearts (FoH).
Inside the home dressing...
Ann Budge promises to remain at Hearts
After a delay due to the Covid-19 pandemic, Hearts were finally able to celebrate becoming the largest fan-owned football club in the UK.
Seven years ago, after receiving a "life changing" letter from Alex Mackie,...
Foundation of Hearts pays final instalment of loan to Ann Budge
The
Foundation of Hearts (FoH) have moved closer towards fan ownership of Hearts
after making the final instalment to Ann Budge of a loan made in 2014. The
Chair of FoH, Stuart Wallace, has emailed all FoH...
New book tells the story of how Hearts fans saved their club
Former
Foundation of Hearts chairman Ian Murray MP has suggested that full or partial
fan ownership could be a new model for Scottish football.
By June
2020, the supporters of Heart of Midlothian FC will become the majority
shareholder...
Hearts Sign Garuccio/FoH Reach £3m Target
Hearts have signed Australian U23 left back Ben Garuccio on a pre-contract deal.
The 22-year-old has signed a three-year contract having said his goodbyes to Australian A-League club Adelaide United. Garrucio began his career at...
Hearts Fans Stand Proud
It felt strange going to watch Hearts on Sunday. The hoo-ha about whether their Ladbrokes Premiership game with Partick Thistle would be on or not had subsided (although Thistle were still bumping their gums...
Sound of Silence From Tynecastle is Deafening
I was listening to an old classic from Simon & Garfunkel this afternoon when my thoughts were drawn to the west end of Edinburgh. As the strains of ‘The Sound of Silence ‘ faded...
Optimism Abounds at Hearts AGM
Hearts owner Ann Budge has announced plans to launch a debenture scheme next year in an attempt to bridge a £3m funding gap for the redevelopment of Tynecastle’s main stand.
Work has already begun on...
Hearts Announce Profit as Main Stand Redevelopment Work Begins
Hearts have announced they are now debt-free, having cleared their debt of £1.6m - and have posted a profit of more than £600,000 for the year ending in June 2016.
The reclassification of £4m of...
Foundation of Hearts Approve Stadium Funding
The Foundation of Hearts today announced the result of its members vote on the Tynecastle Stadium funding proposal.
The results are:
Total votes cast: 3790
Total votes for the proposal: 3747
Total votes against the proposal: 43
Percentage of...
Hearts Look To Fans To Contribute To Funding Of New Main Stand
Hearts today announced they hope to fund half of the development of the new main stand at Tynecastle through continued donations from the supporters via the Foundation of Hearts (FoH)
Owner Ann Budge made a...
Future Still Bright For Hearts
Two years ago this weekend, Hearts hosted Celtic in a SPFL game at Tynecastle. As is the way with these fixtures it was a lunchtime kick-off to meet the demands of satellite television coverage....
Hearts Unveil Foundation of Hearts Shirt
Photo courtesy of Foundation of Hearts
Hearts today launched their new official ‘third’ shirt –a new design which has the names of more than 8,000 fans who pledged - and continue to pledge – donations...
Murray Leaves Foundation of Hearts
The Chairman of the Hearts supporters group Foundation of Hearts, Ian Murray MP, has announced he is to relinquish his role at the end of June. He will also be standing down as a...
Further Changes at Hearts
Hearts have announced that Brian Cormack, Foundation of Hearts director, has been appointed to the board of Heart of Midlothian FC. In accordance with the agreement between current Hearts majority shareholder Ann Budge's BIDCO...
Hearts fighting for a sense of purpose
I harbour a strong suspicion I won’t be alone in wanting to see the back of season 2013/14. As Gary Locke said on the eve of the recent game with Partick Thistle, a game...
Budge Up for Saving Hearts
The times are most certainly a-changing at Tynecastle. For the best part of a decade, Hearts supporters have often cringed with embarrassment when a press release from erstwhile club owner Vladimir Romanov hit the...
BIDCO announce details of Hearts’ rescue plan
BIDCO today announced details of its rescue package with the Foundation of Hearts for Heart of Midlothian Football Club (Hearts).
This agreement would see the club exit administration, be returned to a position of financial...
FoH reaction to UBIG shares agreement
There was some good news for Hearts’ fans yesterday after Sunday’s defeat to Inverness Caledonian Thistle at Easter Road in the semi-final of the Scottish League Cup.
The Foundation of Hearts released the following reaction...
Hearts creditors meeting adjourned
Hearts administrators, BDO, have announced that this Friday’s creditors' meeting, seen as a key step for Hearts hopes of coming out of administration, has been postponed for a week until next Friday 29 November....
One small step for Hearts
Politicians are prone to use the phrase ‘the green shoots of recovery’. It’s a phrase that might well be applied now to Heart of Midlothian Football Club, although its long-suffering supporters may prefer to...
Foundation of Hearts get the required cash support from fans
FOUNDATION OF HEARTS FIRST DIRECT DEBIT PROCESS SUCCESSFUL
The Foundation of Hearts has announced that the first month of direct debits has been successful.
As of at 5:00pm last night, the success rate on payments was...
Momentous Day for Foundation of Hearts
A little over two months ago, Heart of Midlothian Football Club went into administration. Players and staff were made redundant, the club suffered a 15 point deduction at the start of this season and...
Craig Levein puts his weight behind Foundation of Hearts
The Foundation of Hearts today announced that former Hearts player, Craig Levein has given his full support to the campaign to secure supporter ownership for Heart of Midlothian Football Club.
A highly successful manager at...
Foundation of Hearts Submit Bid to Administrators
The Foundation of Hearts fans' group yesterday formally submitted a takeover bid to the club's administrator BDO.
Independent Chair Ian Murray said: "The bid is strong, credible and low risk. It provides a real opportunity...
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