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

USD -
AED 3.672497
AFN 64.999531
ALL 81.290987
AMD 361.508883
ANG 1.789785
AOA 918.000291
ARS 1540.655799
AUD 1.422102
AWG 1.8
AZN 1.699613
BAM 1.750964
BBD 2.018487
BDT 124.174112
BGN 1.747831
BHD 0.378161
BIF 2998.804883
BMD 1
BND 1.283118
BOB 11.881091
BRL 5.404899
BSD 1.002171
BTN 95.340582
BWP 13.824839
BYN 2.947962
BYR 19600
BZD 2.015623
CAD 1.40192
CDF 2315.000071
CHF 0.828305
CLF 0.025075
CLP 990.019883
CNY 6.66835
CNH 6.66514
COP 3151.42
CRC 456.22815
CUC 1
CUP 24.052571
CVE 98.716635
CZK 21.83255
DJF 178.464155
DKK 6.702615
DOP 61.334754
DZD 135.247043
EGP 56.121701
ERN 15
ETB 164.149508
EUR 0.89675
FJD 2.252801
FKP 0.749223
GBP 0.750175
GEL 2.592986
GGP 0.749223
GHS 11.650477
GIP 0.749223
GMD 74.000314
GNF 8869.33245
GTQ 7.660801
GYD 210.009401
HKD 7.844585
HNL 26.905998
HRK 6.758202
HTG 131.259372
HUF 329.190084
IDR 18137
ILS 3.05071
IMP 0.749223
INR 95.020099
IQD 1518.276797
IRR 1817007.498002
ISK 122.340266
JEP 0.749223
JMD 159.104745
JOD 0.708965
JPY 157.706984
KES 129.940234
KGS 87.449202
KHR 4085.853047
KMF 440.999948
KPW 899.999961
KRW 1328.144971
KWD 0.311031
KYD 0.835191
KZT 451.928844
LAK 22555.260119
LBP 89745.428501
LKR 332.999096
LRD 170.369342
LSL 16.666667
LTL 2.95274
LVL 0.60489
LYD 6.426285
MAD 9.843821
MDL 18.009114
MGA 4551.579042
MKD 55.126076
MMK 2099.77173
MNT 3599.40728
MOP 8.098551
MRU 40.299196
MUR 47.349364
MVR 15.449865
MWK 1737.818662
MXN 18.617302
MYR 4.088599
MZN 63.910061
NAD 16.666667
NGN 1345.050013
NIO 36.876055
NOK 9.31625
NPR 152.544573
NZD 1.75332
OMR 0.384505
PAB 1.002162
PEN 3.454941
PGK 4.55866
PHP 64.007017
PKR 277.328857
PLN 3.95021
PYG 5777.21077
QAR 3.663433
RON 4.797303
RSD 105.371001
RUB 80.553964
RWF 1481.736795
SAR 3.745151
SBD 8.064647
SCR 13.806655
SDG 601.500451
SEK 9.938845
SGD 1.28101
SHP 0.749344
SLE 22.950252
SLL 20969.504398
SOS 572.694718
SRD 37.69199
STD 20697.981008
STN 21.933849
SVC 8.769103
SYP 13001.999685
SZL 16.661071
THB 33.747968
TJS 9.245066
TMT 3.5
TND 2.993684
TOP 2.40776
TRY 49.787299
TTD 6.811284
TWD 32.432503
TZS 2645.16302
UAH 45.754918
UGX 4489.905546
UYU 40.188543
UZS 11994.001656
VES 859.934972
VND 25834
VUV 118.743227
WST 2.764729
XAF 588.22938
XAG 0.018742
XAU 0.000248937349
XCD 2.70255
XCG 1.806193
XDR 0.707052
XOF 588.22938
XPF 106.770519
YER 236.149725
ZAR 16.663401
ZMK 9001.202876
ZMW 20.178607
ZWL 321.999592
SSP 5745.701932
MXV 2.099881
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Bloom-backed Hearts out to shatter Scottish football's 'glass ceiling'
Bloom-backed Hearts out to shatter Scottish football's 'glass ceiling' / Photo: © 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."

X.So--ThChM