Interest from US tycoon
Budge: Hearts need ‘stability’ as takeover bid rejected
Not selling: Budge (pic: SNS Group)
Under pressure Hearts owner Ann Budge has rejected a takeover attempt by US businessman Foster Gillett.
The son of former Liverpool owner George Gillett made a formal approah to buy the club via a third party last week.
However, Budge has dismissed the bid from the Colorado-based tycoon who is a former Anfield director, insisting the priority for the struggling Gorgie outfit is stability.
“My plan has always been to have the club over to supporters and nothing has changed,” she said.
Gillett Jnr was linked with a bid to buy Derby County last year. US-based businessman Ronald Gordon bought Edinburgh rivals Hibernian last year.
Budge is trying to drive through league reconstruction which would preserve Hearts’ place in the Premiership. SPFL clubs are set to discuss her proposals at the start of next week.
The Tynecastle club dropped out of the Premiership when the decision was made to bring the season to a premature end because of the Covid-19 crisis.
The English Premier League, meanwhile, looks set to return to action in three weeks’ time behind closed doors.