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The National (Scotland)
The National (Scotland)
Sport
Darren Johnstone

Hearts fans hand over staggering £14m to the club through Foundation of Hearts

Hearts fans hand over staggering £14m to the club through Foundation of Hearts

Hearts fans have now handed over a staggering £14 million to the club through the Foundation of Hearts.

The fans group, who are also the majority shareholders of the Gorgie outfit, crashed through the landmark figure earlier this week.

Supporters have been ploughing money into the FoH since just before the club plunged into administration in 2013 and helped get the Hearts back on track with the help of current chair Ann Budge

Foundation chairman Gerry Mallon said: “A few days ago, the monthly transfer of funds from the Foundation to the club went through. 

“It marked another significant milestone. Incredibly, unbelievably, the total raised through pledges from Heart of Midlothian supporters and friends has now reached more than £14 million.

“To say that this is a quite staggering achievement is clearly a massive understatement. As we all know, this generation of fans saved the club and not only saved it but now co-own it. 

“And having reached that handover of majority shareholding in August 2021, any thought that you, the fans, would begin to rein back on your pledged support has been well and truly thrown back in the doubters’ faces. 

“In the midst of challenging financial times all round, the monthly pledges have been sustained. Indeed, pledger numbers now are around the highest they have ever been.”

And Mallon insists the supporters’ donations are helping Hearts thrive on and off the park.

He added: “The tangible support that the Foundation funds brings to the club is very real. Among other successes at Hearts over recent years, we have all seen the development of the museum, the memorial garden, the new main stand, and other great improvements at the stadium – which are continuing; the development of the academy; the strengthening of the club’s executive and of course, the playing staff; the growth and wonderful work of the club’s charity, Big Hearts; and now the development of the B team and the women’s squad.”

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