"McKinlay stressed there are "no guarantees" about future donations from benefactors or fans but told BBC Scotland: "We knew the money was coming from Tony. "It's very important for us to have it this year because we don't have European football. If we didn't have that money and we didn't have European football then we would cut our cloth accordingly.""
""You could also say we've taken a decision to invest heavily on the squad to make sure that the Jamestown Analytics gets off the ground as quickly as possible," McKinlay explained. "Again, if we didn't have the money to do that, which hopefully we do with Tony, we just wouldn't do it. I'm very comfortable with the way we've spent our money.""
Hearts invested heavily in the playing squad after Brighton owner Tony Bloom paid £10m for a 29% stake, enabling access to Bloom's scouting network and Jamestown Analytics. Ann Budge stood down as club chair after facilitating the investment and previously helping to save the club in 2014. The club recorded a £400,000 loss for the last financial year, with larger losses forecast for 2025-26. The club lacks guaranteed future donations from benefactors or fans and will cut spending if necessary without European revenue. The club expects player trading to become a significant funding source going forward.
Read at www.bbc.com
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