Scottish Premier League club Hearts are on track to stave off financial collapse, with a “short-term fix” from Vladimir Romanov, director Sergejus Fedotovas said Friday.
However, Fedotovas insisted money was still needed to meet a $719,000 tax bill.
Hearts were presented with a winding-up order on Tuesday by British tax authority Her Majesty’s Revenue and Customs.
The fans will be hoping their team does not follow the fate of former Glasgow giants Rangers, who plunged into administration in February and are now in Scotland’s third division.
The Scottish Cup holders have previously paid off similar winding-up orders but majority shareholder Romanov’s UBIG investment vehicle has reportedly topped up funding the club since early this year.
And Fedotovas, the closest figure to Romanov on the Hearts board, continued to urge fans to back the club financially by buying tickets for forthcoming home matches after directors warned on Wednesday that next week’s visit of St Mirren could be the Jambos’ last match.
“I need to say thank you to everyone who has come to help us out. I’m hoping more people will continue to come and with their help we will be able to put this club in a safe zone”
Director Sergejus Fedotovas
“We are having a good response from the fans, from the people who really care about this club,” Fedotovas said at Hearts’s Tynecastle ground on Friday.
“I need to say thank you to everyone who has come to help us out. I’m hoping more people will continue to come and with their help we will be able to put this club in a safe zone.
“It’s far from enough at the moment but the progress is good and if we continue like this we’ll be fine.”
The Lithuanian added: “We have been speaking to the companies of Mr Romanov and we have had some promising response.
“They say they will look at ways to help us out. Obviously not immediately, they require a certain time.
“I would not take that for granted but at least they are looking at ways to help us.
“At the end of the day any funding will have to be paid back – if we are able to get a fix it will be a short-term fix.
“So I think the best solution is for supporters to take this club into their own hands and ensure it will be here for many, many years.”