Tony Bloom has acquired a 29% stake in Hearts for £9.86 million, as supported by the majority shareholder group. He aims to disrupt the long-standing dominance in Scottish football and has appointed consultant James Franks as his representative on Hearts' board. Bloom envisions a bright future for the club, emphasizing the importance of its financial security under fan ownership. Although acquiring non-voting rights shares, Bloom believes his investment will be instrumental in heralding a 'glorious chapter' for Hearts in the coming years.
"I am absolutely thrilled to be investing in Hearts. I firmly believe in the club's ability to disrupt the pattern of domination of Scottish football, which has been in place for far too long."
"Tony Bloom's decision to invest in Hearts was very much founded on the many benefits he saw at Tynecastle through the club being in fan ownership, not least its financial security through the level of our pledging."
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