Massone bid rejected
Heart of Midlothian FC can today reveal that it has rejected a bid from businessman Angelo Massone to buy the club.
The offer was received last week but the Board feels the Italian may not be the right person to take the club forward.
A spokesperson said: "We received an offer from Mr Massone but it has been rejected.
"We are aware of Mr Massone's previous involvement in the game in Scotland and the Board has decided not to pursue his offer any further.
"In the view of the Board, the bid he made also undervalued the club.
"Vladimir Romanov remains willing to discuss the sale of Hearts to anyone with a genuine interest, and ability, to take the club forward.
"Bidders will need to provide a financial offer to reflect the value of the club, be fit to run it as required by the Scottish FA and disclose their plans going forward.
"They will also have to provide guarantees for Hearts' future to ensure the successful duration of the business of the club."
Hearts Text Alert subscribers learnt this news first! Text CLUB HEARTS to 88442 now! Click here for full details.
On HeartsTV today, exclusive post-match reaction following emotional victory over St Mirren at Tynecastle.