Tony Bloom's £10m investment in Hearts gets go-ahead at Tynecastle EGM
Tony Bloom's £10m investment in Hearts has been finalised at a meeting of the club's shareholders.
An Extraordinary General Meeting held at Tynecastle rubber-stamped the proposed investment, which will see Brighton owner Tony Bloom take a 29% share of Hearts.
Bloom previously told majority shareholders Foundation of Hearts that he wanted to 'disrupt Scottish football' with his involvement in the Edinburgh club.
Wednesday's meeting allowed the club's board to issue a new tranche of non-voting shares for Bloom to buy, and also allowed Hearts' articles of association to be updated.
It now formalises Bloom's investment, which has already been approved by the Scottish FA. He is expected to appoint a representative to the Hearts board when his share purchase is complete.
As owner of Brighton, and of Belgian side Union Saint-Gilloise, his involvement in the club needed approval from Hampden bosses.
While there is no barrier to multi-club ownership, the Scottish FA ensures that there is no conflict of interest that could affect Hearts' ability to play in Europe.
The businessman's data analytics company Jamestown Analytics has already been advising Hearts on player recruitment and the selection of head coach Derek McInnes and his predecessor Neil Critchley.
Get all the latest news from around the country Follow STV News
Scan the QR code on your mobile device for all the latest news from around the country
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Scotsman
16 minutes ago
- Scotsman
Internationally renowned estate agency, Fine & Country, expands across Scotland
Premium estate agency, Fine & Country, has expanded to cover the whole of Scotland as it builds on success achieved in the south of the country. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Property entrepreneurs Louisa Thomson and Andrew Jack will spearhead the ambitious growth plans, with both drawing upon significant market experience. Louisa will build upon the success of her Fine & Country operation in Dumfries and Galloway to oversee 10 additional areas of Scotland. Advertisement Hide Ad Advertisement Hide Ad Meanwhile, experienced estate agent Andrew, who has operated in the luxury property market for more than 20 years, will lead Fine & Country's operations in Edinburgh. Andrew Jack and Louisa Thomson will lead Fine & Country's expansion across Scotland. Louisa took on Fine & Country's only licence north of the Border four years ago, and she and her South Scotland team were recently declared one of Scotland's best single office estate agents in the prestigious UK Property Awards. She said: 'Fine & Country has a great reputation internationally for the sale and marketing of beautiful homes in the upper quartile of the market, and we are excited to be extending the premium services our customers receive to the whole of Scotland. 'There's been a genuine appetite in the south of the country for a high-quality, internationally renowned estate agency specialising in luxury homes and underpinned by true local knowledge - and we're already receiving positive feedback from other parts of the Scotland eager for Fine & Country to come their way.' Advertisement Hide Ad Advertisement Hide Ad Scotland's high-end property market has shown remarkable resilience and growth. The Fine & Country Scotland team. In Q1 2025, net agreed sales of prime - upwards of £500k - properties surged 11 per cent year-on-year, compared to just three per cent across the wider Scottish market, highlighting a renewed push from cash-rich buyers in the very highest price brackets. In 2024, Scotland's ultra‐prime segment - homes priced over £1 million - recorded 466 residential transactions - up from 454 the previous year - underscoring steady demand at the very top end of the market. Regarded as one of the UK's most sought-after property markets, Edinburgh has its own dedicated Fine & Country licence. Advertisement Hide Ad Advertisement Hide Ad Andrew is a long-term franchisee of Belvoir, which is part of The Property Franchise Group, as is Fine & Country, and he is excited to bring his experience and knowledge to the country's capital city. He said: 'Edinburgh is arguably the jewel in Scotland's crown and is one of the most desirable places to live and work. Its unique mix of historic charm, modern living, and excellent transport links makes it a prime location for both local and international buyers. 'Fine & Country brings a level of service and a fresh approach to the premium market that will offer sellers and buyers something different from what's currently available. Many of our target clients already engage with the brand through national publications and property sections, so we expect strong interest from the outset. 'Louisa and I have a great working relationship, and we are both extremely experienced at what we do, so it's going to be great to work together to make sure Fine & Country is as successful in Scotland as it is elsewhere in the world.' Advertisement Hide Ad Advertisement Hide Ad Jonathan Handford, the Interim Managing Director at Fine & Country, said: "We are thrilled to expand Fine & Country across Scotland and in Edinburgh, and we have no doubt that Louisa, Andrew and their teams will make a significant impact across the country.' Fine & Country Scotland can be contacted on 01738 354110 or scotland@
BBC News
24 minutes ago
- BBC News
Time For Sandals springs 25-1 shock at Royal Ascot
Time For Sandals was a surprise 25-1 winner of the Commonwealth Cup at Royal Ascot as favourite Shadow Of Light could only finish Kingscote rode the victor, who is nicknamed 'Flip Flop' at her stables, from stall one for in-form trainer Harry was celebrating a top-level Group One double, having won Tuesday's opening Queen Anne Stakes with Docklands."It's the hardest place on earth, but the horses have turned up in great shape," said Of Light was last year's champion juvenile and had finished third in the 2,000 Guineas behind his victorious stablemate Ruling Court, but trainer Charlie Appleby said he was unsuited by the good to firm Commonwealth Cup is one of two top-level Group One races on Friday, alongside the Coronation Stakes (16:20 BST).Jockey Warren Fentiman, 17, rides for King Charles on Purple Rainbow in the following Sandringham Ascot day four results Venetian Sun, trained by Karl Burke, won the Albany Stakes to end Aidan O'Brien's stranglehold on this week's juvenile drawn high had fared well on Thursday but the 7-1 victor also broke from stall one on Friday under Clifford Lee and comfortably saw off his rivals, with O'Brien's favourite Signora back in ninth place."I think she's very special, the best two-year-old filly I've trained," said Sun is part-owned by Brighton and Hove Albion supremo Tony Bloom, who hopes she will be a contender in next year's 1,000 Guineas.
Scottish Sun
28 minutes ago
- Scottish Sun
‘It is horrendous' – Ally McCoist confesses to epic fail ahead of final day of Rangers legend's charity bike ride
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THERE was time for a couple of awkward moments this morning as Ally McCoist embarked on the last leg of his charity bike ride in honour of the My Name'5 Doddie Foundation. The big hearted Rangers icon and pal Kenny Logan are cycling from Belfast to Dublin to present the match ball for tonight's British and Irish Lions opener against Argentina at the Aviva Stadium in honour of late Scottish and Lions rugby hero Doddie Weir's motor neurone charity. Sign up for the Rangers newsletter Sign up 2 Ally McCoist realises the error of his ways Credit: Instagram @meldeane12 2 McCoist comes to the terrible realisation Credit: Instagram @meldeane12 It's been a great effort from all concerned - despite the minor hiccup of a crash along the way. But one mishap presented itself this morning when a sheepish McCoist was told he had to wear his red cycling jersey for the final stage of the journey. That's because he had omitted to take said item out of his kit bag - meaning it was now rather smelly. In a video for Instagram, the Gers icon told pal Mel Deane: "I've just found out its the red top we're wearing today and that wouldn't normally be a problem. "But the problem is I had my red top on on Monday and I've not done anything with it yet [in terms of getting it washed]. "It is horrendous. Seriously, I'm not even joking! I have to put that on!" It's bean an arduous journey all right for Coisty and co and his cycling shoes aren't much better. In another jokey piece with pal Mel, McCoist holds them up to the camera and says: "I've got news for you. "I've just received an email from the head of the European Cycling Federation. "He's not asking me, he's DEMANDING that these end up in the cycling hall of fame in Paris." Rangers hero Ally McCoist lands massive double bed and tells roommate 'it'll be interesting when Gabby Logan gets here' Deane asks: "Oh will you manage to get your feet into them today?" McCoist replied: "I've no idea - it took me 26 minutes yesterday to get them out." Keep up to date with ALL the latest news and transfers at the Scottish Sun football page
