Formed by supporters to save the club from liquidation, the Foundation began a "pledge" system where fans contributed monthly to a central fund.
Heart of Midlothian Football Club (Hearts) is famously recognized as the . This milestone was officially reached on August 30, 2021 , a day celebrated by the club and its supporters as " Heart and Soul Day ". The Journey to Fan Ownership Heart of Midlothian Football Club | The largest...
On Heart and Soul Day, Budge signed over her 75.1% shareholding to the Foundation, making the fans the majority owners. Heart of Midlothian: By the fans, for the fans Formed by supporters to save the club from
The transition to fan ownership was a decade-long process following the club's financial crisis in 2013: The Journey to Fan Ownership On Heart and
Businesswoman Ann Budge purchased the club from administration in 2014 via her company, BidCo, with a pre-arranged five-year plan to eventually transfer ownership to the fans once her initial investment was repaid.
