Heart Of Midlothian F.C.

Heart of Midlothian F.C. are located in Edinburgh, Scotland and are one of two principal professional football clubs in the city, the other being rivals Hibernian. The club was part of the inaugural Scottish Football League competition in 1890. As of 2009, Hearts had won the Scottish League title four times, the Scottish Cup on seven occasions, and the Scottish League Cup four times.

The club plays at all-seated 17,420-capacity Tynecastle Stadium in the Gorgie area of Edinburgh which has been the club’s home since 1886.

Heart of Midlothian F.C. are located in Edinburgh, Scotland and are one of two principal professional football clubs in the city, the other being rivals Hibernian. The club was part of the inaugural Scottish Football League competition in 1890. As of 2009, Hearts had won the Scottish League title four times, the Scottish Cup on seven occasions, and the Scottish League Cup four times.

The club plays at all-seated 17,420-capacity Tynecastle Stadium in the Gorgie area of Edinburgh which has been the club’s home since 1886.

Lithuanian businessman and banker Vladimir Romanov has been the major shareholder of Hearts (80%) since he bought Chris Robinson’s stake in 2005.

Turnover and pre-tax profit figures are in millions.

Financial Overview – Heart of Midlothian plc

Year
Turnover
Pre-tax profit
Wages / Turnover ratio (%)
Employees

2007/08

9.161

-3.530

 

161

2006/07

10.319

-12.447

 

138

2005/06

10.277

-5.282

97.4

113

2004/05

8.428

-2.728

53.9

93

2003/04

7.162

-2.424

70.4

96

2002/03

5.991

-1.095

85.4

97

2001/02

6.072

-2.695

93.7

103

2000/01

7.947

-3.776

90.4

105

1999/00

7.060

-3.682

83.7

95

1998/99

7.725

0.222

83.7

94

1997/98

6.416

-1.939

59.1

91

1996/97

4.922

-1.536

57.6

98