Hearts administration: FoH begins to draw cash

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THE Foundation of Hearts was today due to begin direct debit drawdowns to instigate the biggest supporter-led movement in Scottish Football history.

The fans’ umbrella group want to take Hearts out of administration via a Creditors’ Voluntary Arrangement and gain control to run the club on behalf of supporters.

Around 7500 Hearts fans have now pledged money to the Foundation, which will now start to be converted into cash.

The Foundation have promised that all funds they collect will be returned if they fail in their bid to own Hearts.