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Tony Bloom Acquires Non-Voting 29% Stake in Heart of Midlothian

Bloom’s stake carries no voting rights, secures a board seat for James Franks, introduces Jamestown Analytics support, aligns Hearts with a data-driven strategy to challenge Scotland’s Old Firm.

Soccer Football - Premier League - Brighton & Hove Albion v Newcastle United - The American Express Community Stadium, Brighton, Britain - April 27, 2019  Brighton chairman Tony Bloom in the stands before the match   REUTERS/Toby Melville
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Overview

  • The deal was completed on June 25, formalizing Bloom’s £9.86 million investment for a 29% non-voting stake.
  • James Franks, Bloom’s trusted adviser, will represent him on Hearts’ board as a non-executive director.
  • Jamestown Analytics, which has driven Brighton’s success in player trading, will collaborate with Hearts on performance analysis.
  • Foundation of Hearts members voted 98.5% in favor of the investment in May, signaling strong supporter backing.
  • Bloom, who also holds stakes in Royale Union Saint-Gilloise and Melbourne Victory, aims to leverage his data-driven model to end Celtic and Rangers’ stranglehold on the Scottish Premiership.