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Romanov will clear Hearts debt by the end of the year
Scotland - 25 October, 2004
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Businessman Vladimir Romanov who recently took a 20% stake from the club’s chief executive Chris Robinson, says he will clear the Premier League club’s £17m debt by the end of the year if he becomes the major shareholder. However, the takeover could have future implications on the club’s European ambitions since Romanov is currently a director of Lithuanian Federacijos Lyga club Kaunus and UEFA could declare a conflict of interests should the two clubs be drawn together in future editions of the UEFA Cup or Champions League.
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