FINAL INSTALMENT OF PAYMENT TO BIDCO IS MADE

NEWS

FINAL INSTALMENT OF PAYMENT TO BIDCO IS MADE

The Foundation is absolutely delighted to confirm that we have now paid over the final instalment to Ann Budge’s BidCo for the loan payment made back in 2014 to save the club. This is another hugely significant step along the road towards fan ownership of Heart of Midlothian.
The next stage will see the transfer of BidCo’s majority shareholding of the club to the Foundation. The timing of this historic handover is to be announced shortly but is likely to be around the end of April.
Foundation chairman Stuart Wallace and Ann Budge at the time of the handover of the Foundation’s final contribution to the Tynecastle Redevelopment Fund.

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