Dubai Telegraph - Bloom-backed Hearts out to shatter Scottish football's 'glass ceiling'

EUR -
AED 4.251062
AFN 72.925265
ALL 94.8254
AMD 427.157207
ANG 2.07246
AOA 1062.045358
ARS 1654.698773
AUD 1.642292
AWG 2.086462
AZN 1.967909
BAM 1.95287
BBD 2.334956
BDT 142.30647
BGN 1.957259
BHD 0.437251
BIF 3465.784636
BMD 1.157538
BND 1.486363
BOB 8.011014
BRL 5.853783
BSD 1.15934
BTN 109.742857
BWP 15.554258
BYN 3.209653
BYR 22687.747139
BZD 2.331561
CAD 1.622613
CDF 2686.646022
CHF 0.921227
CLF 0.026189
CLP 1030.729439
CNY 7.825594
CNH 7.828563
COP 4041.544344
CRC 527.417725
CUC 1.157538
CUP 30.67476
CVE 110.407208
CZK 24.153769
DJF 206.436676
DKK 7.474212
DOP 67.658232
DZD 154.134274
EGP 58.360897
ERN 17.363072
ETB 184.624981
FJD 2.566149
FKP 0.863695
GBP 0.864276
GEL 3.061668
GGP 0.863695
GHS 12.993385
GIP 0.863695
GMD 83.924124
GNF 10157.397109
GTQ 8.837701
GYD 242.547107
HKD 9.066683
HNL 30.92954
HRK 7.533486
HTG 151.523294
HUF 350.295918
IDR 20532.411161
ILS 3.377121
IMP 0.863695
INR 109.586622
IQD 1516.374936
IRR 1592485.963199
ISK 144.403384
JEP 0.863695
JMD 183.767433
JOD 0.820733
JPY 185.529064
KES 149.855057
KGS 101.226337
KHR 4641.727778
KMF 491.953924
KPW 1041.784713
KRW 1750.937854
KWD 0.356973
KYD 0.966167
KZT 567.498277
LAK 25494.776957
LBP 103657.538635
LKR 385.464952
LRD 210.874511
LSL 18.77495
LTL 3.417909
LVL 0.700183
LYD 7.384758
MAD 10.732983
MDL 20.166089
MGA 4867.447466
MKD 61.626914
MMK 2429.776871
MNT 4140.153881
MOP 9.355001
MRU 46.370593
MUR 54.681731
MVR 17.884094
MWK 2010.643333
MXN 19.946639
MYR 4.705276
MZN 73.978503
NAD 18.775389
NGN 1573.094844
NIO 36.601094
NOK 11.072836
NPR 175.592558
NZD 1.993813
OMR 0.445072
PAB 1.159261
PEN 3.943156
PGK 5.04568
PHP 69.901374
PKR 322.171817
PLN 4.250578
PYG 7098.2265
QAR 4.217491
RON 5.236586
RSD 117.380316
RUB 83.863288
RWF 1753.091482
SAR 4.343308
SBD 9.335592
SCR 14.49409
SDG 695.104711
SEK 10.900655
SGD 1.485706
SHP 0.864219
SLE 28.649668
SLL 24272.999836
SOS 661.530515
SRD 43.428575
STD 23958.702011
STN 24.742377
SVC 10.143823
SYP 127.945117
SZL 18.775036
THB 37.69581
TJS 10.746728
TMT 4.051383
TND 3.370754
TOP 2.787074
TRY 53.593356
TTD 7.869057
TWD 36.557949
TZS 3038.535259
UAH 51.973915
UGX 4306.556634
USD 1.157538
UYU 47.018839
UZS 13890.457831
VES 685.002873
VND 30439.779925
VUV 138.327009
WST 3.175698
XAF 654.985514
XAG 0.016695
XAU 0.000268
XCD 3.128304
XCG 2.089374
XDR 0.814557
XOF 653.445775
XPF 119.331742
YER 276.188155
ZAR 18.780883
ZMK 10419.269321
ZMW 20.379069
ZWL 372.726802
  • RBGPF

    2.1500

    62.87

    +3.42%

  • CMSC

    0.0100

    22.34

    +0.04%

  • CMSD

    0.0600

    22.32

    +0.27%

  • RYCEF

    1.0700

    18.11

    +5.91%

  • GSK

    -0.8100

    52.23

    -1.55%

  • NGG

    -0.2700

    81.57

    -0.33%

  • BCE

    -0.2369

    24.04

    -0.99%

  • JRI

    0.1135

    12.78

    +0.89%

  • BCC

    0.4500

    71.59

    +0.63%

  • RIO

    0.5400

    105.89

    +0.51%

  • VOD

    -0.5300

    15

    -3.53%

  • RELX

    -0.9000

    32.84

    -2.74%

  • BP

    -1.1900

    41.59

    -2.86%

  • BTI

    -1.2600

    61.06

    -2.06%

  • AZN

    -1.4800

    177.27

    -0.83%

Bloom-backed Hearts out to shatter Scottish football's 'glass ceiling'
Bloom-backed Hearts out to shatter Scottish football's 'glass ceiling' / Photo: Glyn KIRK - AFP/File

Bloom-backed Hearts out to shatter Scottish football's 'glass ceiling'

Breaking the stranglehold on Scottish football held by Celtic and Rangers has proved impossible for 40 years, but fan-owned Hearts are daring to dream thanks to the expertise of Brighton owner Tony Bloom.

Text size:

Bloom, who made his fortune as a professional gambler, has pioneered the use of data analytics to improve efficiency in player recruitment.

That has propelled his boyhood club into the Premier League and taken Union Saint-Gilloise (USG) from the Belgian second tier to the Champions League.

The Englishman invested £10 million ($13 million) in June for a 29 percent stake in Hearts, with the Foundation of Hearts -- a supporter-backed organisation -- retaining overall control of the Edinburgh club.

The new era is off to a flying start, with instant results on the pitch sparking excitement at the possibility of a title challenge.

Hearts are top of the Scottish Premiership after seven games, two points clear of Celtic and 11 ahead of beleaguered Rangers.

The rewards from using Bloom's Jamestown Analytics firm are already bearing fruit. Claudio Braga and Alexandros Kyziridis, recruited from the obscurity of the Norwegian second tier and Slovakian league respectively, have shone in an unbeaten start to the season.

"The single most impactful part of this whole package of Bloom involvement is the facilitation of that relationship with Jamestown," Foundation of Hearts chairman Gerry Mallon told AFP.

Under Bloom's tenure, Brighton have risen from English football's third tier to the Premier League and have become one of Europe's best breeding grounds for developing young talent, selling on players for huge profits.

The same model delivered USG's first Belgian title for 90 years last season.

"I think Union represent the best role model for us in terms of taking our club to the top of its nation and into the Champions League and breaking down some very significant barriers of very large clubs that have dominated in that country, really against the odds," said Mallon.

"The other thing which Tony has brought, which probably can't be underestimated, is the self-belief and confidence amongst the team, amongst supporters, and amongst the leadership."

The last of Hearts's four titles came back in 1960, while Aberdeen's triumph under Alex Ferguson in 1985 was the last time the duopoly of the Glasgow giants was broken.

In recent decades the Jambos have had to fight for their very survival.

- 'A game-changer' -

The Foundation of Hearts was created in 2010, but the route to fan ownership began when the club entered administration three years later.

Edinburgh-born entrepreneur Ann Budge acquired a majority stake and put in place a plan for donations to the Foundation to be used over time to take control of the club.

That process was completed in 2021, with the Foundation taking a 75 percent stake.

Around £1.5 million is raised annually from regular contributions by 8,500 fans.

Up against the financial might of Celtic, who posted a turnover of £144 million last season and have cash reserves of £77 million, Hearts appear like David trying to slay Goliath.

However, backed by Bloom's know-how, the club believe they can outsmart Celtic and Rangers, especially during troubled times for both the Glasgow clubs.

Rangers sacked manager Russell Martin earlier this month after just 123 days in charge -- he won just one of his seven league games during his short tenure.

There is conflict at champions Celtic, with fans taking the board to task over a lack of investment in the transfer market.

"I think what this will have shown is that fan ownership with the right ability to be able to invest smartly isn't a limiting factor," said Mallon.

"We do believe that we've got a game-changer in terms of our relationship with Jamestown and we believe that what that will contribute to us will be similar to what Brighton have been able to do as well.

"Increased player-trading profit, which can be reinvested. More European success will give us a greater revenue stream and I think we've got the tools to be really smart with our investments.

"I think Tony coming on board allows us to break that glass ceiling."

A.Ansari--DT