Hearts boosted by Ukio support

Heart of Midlothian Football Club (Hearts) today welcomes the news that the administrator for Ukio Bankas is keen to work with the club to reach a suitable solution that can satisfy the requirement to meet achievable returns for creditors of the Lithuanian-based bank, while also protecting the business operations and future sale prospects of the club.

The bank's official administrator, Gintaras Adomonis, made the announcement earlier today and welcoming the development, Hearts director Sergejus Fedotovas said: "We are in regular dialogue with the administrator of Ukio Bankas and, as a result, we know that the club's interests are being very well treated.

"Our intention is to maintain this positive dialogue with a view to ensuring a suitable resolution relating to the business interests that link both the football club and the bank in administration."

Hearts World