MEDIA RELEASE

Foundation of Hearts Media Centre

EMBARGOED UNTIL 10am, 27th AUGUST 2013

AN OPEN LETTER FROM HEARTS MANAGING DIRECTOR, DAVID SOUTHERN

Heart of Midlothian Football Club managing director today (27th August 2013) wrote an open letter to supporters, published on the clubs website, the Foundation of Hearts website, and social media channels of both organisations. The letter is reproduced in full: Dear Supporter, As managing director of Heart of Midlothian Football Club, I believe that we as supporters now have a golden opportunity to secure the future of the club for many generations to come. With the announcement that the Foundation of Hearts in association with every key independent supporter organisation has secured preferred bidder status and broken through the 7,000 member mark, we are on the verge of creating another defining moment in the history of the club. This year is the eve of the 100th anniversary of the greatest team ever to wear maroon and I can think of no better tribute to that team than for us all to have secured the future of Hearts by the time we celebrate such a significant anniversary. The magnitude of our 1914 teams commitment and ultimate sacrifice can never be over stated. They stepped forward when the risk was greatest and because of them and thousands of other brave men and women including many Hearts supporters and shareholders we have the luxury of watching Heart of Midlothian play football today. I have said before that while we may not have the sporting success of the Real Madrids, Barcelonas and Manchester Uniteds of this world, we do have a history every bit as rich. Every one of us has enjoyed the highs of the Scottish Cup wins, Champions League qualification, regular European competition, the associated big nights at Tynecastle, and that unforgettable recordequalling league win run. That hugely successful chapter has closed and we are now opening a new chapter in the clubs history. The departure of the former owner and Board presents an opportunity to establish certainty and stabilise the club for future generations. We are now being asked to step forward when our club needs us most. There is a cost but, in my own view, it is negligible when compared to the cost of not securing the club now. This is our moment. If we hesitate, it may not just be the moment that is gone. Hearts is a club of the people, it always has been. If anyone ever needed proof of that it has been demonstrated time and time again particularly in recent months, and not simply in financial terms. As Hearts supporters you can rightly take pride in how you do things, not just what you do. I know I speak on behalf of the staff at Tynecastle when I thank you for your on-going efforts to secure a more stable future for the club. The dignity shown throughout such trying times is as valuable as any sum of money that has been raised. For this reason, it is only right that you are now in pole position to take ownership of the club.

www.foundationofhearts.org

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Foundation of Hearts Media Centre
Most of you reading this will have been amongst the 100,000 people who celebrated Hearts historic Scottish Cup Final victory on the streets of Edinburgh in May last yea r, thats more than welcomed Chelsea back from their Champions League final success. Imagine harnessing even 10% of that support within an ownership model that has as its overriding priority safeguarding the very future of our club. Ownership of Heart of Midlothian Football Club brings significant responsibility. It is not something to be treated lightly and the Foundation of Hearts recognises this. They put this at the top of their agenda. For that reason and the other principles laid out in their Vision, I would encourage any supporter of this club who can, but may not have already done so, to pledge your support at www.foundationofhearts.org. And I can assure those who are committed to the club that even within the tough operating environment of Scottish football, the new owners of Heart of Midlothian Football Club will benefit from excellent work that has been done by the staff here to ensure the business can operate sustainably. The underlying business fundamentals are good and, under the right ownership, there is no reason why Hearts should not remain as one of the biggest and potentially most successful clubs in Scottish football. Forever Hearts. Yours sincerely, David Southern Managing Director
<ENDS> Enquiries Lawrence Broadie, Progress Sponsorship & Communications, 07966 216 270

Notes to editors: 1. David Southern set up a personal direct debit to the Foundation of Hearts at the start of July 2. First draw down date for UK-based direct debits is Monday 2nd September 3. Direct debits (PayPal for international supporters) can be set up online at www.foundationofhearts.org 4. Click here (http://foundationofhearts.tk/c) for previous statement on outline detail of the bid

www.foundationofhearts.org