Foundation of Hearts chairman Ian Murray MP today issued the following statement following last night's announcement from BIDCO (http://www.foundationofhearts.org/statement-from-bidco/):
He said: "I am delighted to welcome the news that Ann Budge will become executive chairwoman of Hearts, as part of the announcement BIDCO issued last night.
"Ann brings a wealth of experience, and a total belief in the values of supporter ownership through the Foundation of Hearts. I did use the analogy of Dragons Den and that is what we are getting with Ann's wealth of experience.
"Last night's news gives a clear indication of what we must achieve to ensure Hearts is in a strong position for the future.
"We have 7,800 monthly contributors, and this can work as BIDCO said, but the more supporters that sign up, the faster any deal can be done. Our projections are also based on very much a worst case scenario so the more we have will make a huge difference.
"There is an opportunity in front of us, and I am sure we will take it. This is a moment when we can create history."