Hearts agree HMRC settlement

  • Last Updated: December 5 2012, 7:46 GMT

Hearts have announced a resolution has been agreed with Her Majesty's Revenue and Customs in a dispute over tax and national insurance contributions.

The £1.75million dispute was revealed in the share issue brochure as Hearts launched a scheme to raise £1.79m at the end of October.

Now Hearts have come to an agreement to pay £1.5m over a three-year period.

The deal is separate to the settlement of a £450,000 bill on Monday which staved off the threat of a winding-up order.

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