SPL club Hearts could be declared bankrupt if tax bill isn’t paid off

Lithuanian businessman Vladimir Romanov’s Scottish club Hearts may face bankruptcy and possible demotion to a lower league if the outstanding tax bill is not paid off in the near future.

British tax authorities lodged a petition with a Scottish court earlier this week saying Hearts had eight days to settle the bill, reported to be around 150,000 pounds, or face liquidation.

«I don’t know what’s going on at Hearts, I’m not in Scotland at the moment. All monies due to the footballers have been paid. It’s probably just that the tax service hasn’t been paid,» club’s owner told RIA Novosti.

Last November the club was put up for sale up for sale in November along with Romanov’s other projects, Belarus’ Partizan Minsk and Lithuanian side FK Kaunas, after the businessman decided to leave football and buy a theatre.