Changes explained

16.11.2012

Hearts today moved to explain to fans the credit/debit card changes which will affect the current Share Offer.

On the insistence of our merchant service provider, such facilities for buying shares will be withdrawn at 5pm today.

The club is disappointed at the decision and would like to apologise for any inconvenience this may cause supporters.

A Hearts spokesperson said: "Thanks to the sterling efforts of the fans over the past week or so to raise urgent funds, we were able to agree a payment extension with HMRC following its submission of a winding up petition.

"The club was obviously pleased that the tax authorities recognised our endeavours to stabilise our financial position and is looking forward to working together to ensure all agreed payments are made on schedule.

"However, it is disappointing that a key partner such as our merchant service provider did not share the same viewpoint and as such they have instructed us that supporters will no longer be able to purchase shares by credit or debit card from 5pm tonight.

"We appreciate this may cause significant inconvenience to our fans but there remains a number of ways in which they can still buy their shares - by cash, cheque, banker's draft and Zebra Finance's 10-month payment plan.

"The decision by HMRC was a reprieve and there remains a lot of work still to be done. The Share Offer remains open until December 19 and it is vitally important supporters continue to give the club as much direct backing as they can as we work towards self sustainability."

Hearts World