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

EUR -
AED 4.305195
AFN 72.681647
ALL 95.422252
AMD 435.210269
ANG 2.098242
AOA 1076.151323
ARS 1630.008661
AUD 1.642996
AWG 2.1101
AZN 1.997526
BAM 1.955846
BBD 2.357256
BDT 143.603388
BGN 1.955479
BHD 0.44241
BIF 3481.282142
BMD 1.172278
BND 1.495035
BOB 8.087191
BRL 5.838651
BSD 1.170328
BTN 110.242601
BWP 15.852374
BYN 3.315378
BYR 22976.642144
BZD 2.353856
CAD 1.6035
CDF 2713.823208
CHF 0.92276
CLF 0.026706
CLP 1051.074801
CNY 8.014047
CNH 8.011674
COP 4166.49831
CRC 532.612567
CUC 1.172278
CUP 31.065358
CVE 110.267602
CZK 24.357004
DJF 208.414918
DKK 7.473392
DOP 69.721645
DZD 155.165661
EGP 61.629454
ERN 17.584165
ETB 180.927869
FJD 2.584462
FKP 0.86741
GBP 0.868643
GEL 3.142162
GGP 0.86741
GHS 12.993307
GIP 0.86741
GMD 86.166922
GNF 10273.242401
GTQ 8.947211
GYD 244.855777
HKD 9.185323
HNL 31.099734
HRK 7.537164
HTG 153.223615
HUF 365.188391
IDR 20224.954791
ILS 3.50048
IMP 0.86741
INR 110.48776
IQD 1533.136175
IRR 1543889.679138
ISK 143.780307
JEP 0.86741
JMD 184.694358
JOD 0.831191
JPY 186.831798
KES 151.323571
KGS 102.460824
KHR 4689.111052
KMF 492.357028
KPW 1055.030569
KRW 1731.067702
KWD 0.360781
KYD 0.975323
KZT 543.652828
LAK 25645.605119
LBP 104805.07292
LKR 373.058802
LRD 214.755067
LSL 19.461359
LTL 3.461432
LVL 0.7091
LYD 7.426175
MAD 10.828255
MDL 20.35248
MGA 4863.114747
MKD 61.641454
MMK 2462.196871
MNT 4211.458432
MOP 9.444723
MRU 46.711102
MUR 54.898206
MVR 18.112133
MWK 2029.447886
MXN 20.374308
MYR 4.648126
MZN 74.920708
NAD 19.461359
NGN 1590.781188
NIO 43.071016
NOK 10.922156
NPR 176.388162
NZD 2.000304
OMR 0.450331
PAB 1.170328
PEN 4.057796
PGK 5.08012
PHP 71.151438
PKR 326.265098
PLN 4.243587
PYG 7421.175106
QAR 4.266401
RON 5.088276
RSD 117.422771
RUB 88.242082
RWF 1710.640363
SAR 4.396537
SBD 9.431334
SCR 17.347409
SDG 703.957044
SEK 10.808811
SGD 1.495948
SHP 0.875224
SLE 28.867382
SLL 24582.071905
SOS 668.815781
SRD 43.917629
STD 24263.780751
STN 24.500578
SVC 10.240242
SYP 129.569183
SZL 19.453459
THB 37.905643
TJS 11.00136
TMT 4.108833
TND 3.417581
TOP 2.822563
TRY 52.770123
TTD 7.948188
TWD 36.907408
TZS 3045.871869
UAH 51.571617
UGX 4354.102737
USD 1.172278
UYU 46.361094
UZS 14061.331783
VES 566.403138
VND 30901.239128
VUV 138.501946
WST 3.198573
XAF 655.972478
XAG 0.015486
XAU 0.000249
XCD 3.168139
XCG 2.10925
XDR 0.815819
XOF 655.972478
XPF 119.331742
YER 279.764489
ZAR 19.382861
ZMK 10551.909878
ZMW 22.148523
ZWL 377.472928
  • BCC

    0.3300

    84.15

    +0.39%

  • CMSD

    0.0900

    23.32

    +0.39%

  • JRI

    0.0100

    12.89

    +0.08%

  • RBGPF

    64.0000

    64

    +100%

  • CMSC

    0.0400

    22.95

    +0.17%

  • BTI

    0.8100

    58.09

    +1.39%

  • NGG

    0.4600

    87.42

    +0.53%

  • BCE

    -0.2200

    23.88

    -0.92%

  • RIO

    0.7600

    99.61

    +0.76%

  • GSK

    -1.1900

    54.44

    -2.19%

  • RELX

    0.4000

    36.53

    +1.09%

  • BP

    -0.1000

    46.25

    -0.22%

  • RYCEF

    -0.1200

    15.3

    -0.78%

  • VOD

    0.0100

    15.63

    +0.06%

  • AZN

    -2.5500

    189.75

    -1.34%

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."

M.Ito--JT