Statement from Board

The Heart of Midlothian Board issued the following statement this morning.

Sergejus Fedotovas, director of Hearts, said: "Despite recent changes to the Board at UBIG, the Board structure at Heart of Midlothian remains unchanged.

"The information that Mr Vladimir Romanov has relinquished his control of Hearts is pure speculation and we do not have any information to that effect. Changes at UBIG board do not reflect any changes in the holding structure of Mr Romanov's ownership.

"I would like to reassure supporters of the club that the Board of Hearts' focus is entirely on this club and continuing the work that has allowed us to be within touching distance of having a self-sustainable business. This then allows us to truly develop the club both on and off the field in the seasons ahead. It is a work in progress at the moment but we are satisfied with the progress being made.

"It is also right to acknowledge that one of the principle reasons for us being unaffected at this stage by events in Lithuania is the excellent support that the fans and staff have provided to the club.

"With this continued support and ongoing diligence by the club's Board of Directors we believe that there is no threat to Hearts."

Hearts World