17 November 2011

Hearts face end game

Scottish Premier League football club Hearts face a fight for their existence as owner Vladimir Romanov vows to put the club - along with two other East European teams - up for sale. With the club mired in more than £30 million debt and the players failing to be paid on time for the second month in a row it is clear major cash flow problems exist in the Romanov empire.

The prospects of a quick sale look remote and with Romanov desperate to maximuise whatever return he can on his investment Hearts fans ought to be very concerned for the very existence of their club. The only asset the club can point to is the ground - which even in these economically difficult times is still worth several million and its sale would allow Romanov to cut his losses.

But the most bizarre thing about the announcement is Romanov's statement that he wishes to leave football and go into the theatre. And it's all at the start of the pantomime season...

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