A run to the Scottish Cup final helped boost Hearts' revenuesHearts have announced a profit of £2.9m in their annual results, with turnover rising by over 20%. Staff costs rose by £2.2m to £8.2m, but the Tynecastle club brought in an extra £2.9m in income, helped by a rise in gate receipts and commercial activity. "We have once again achieved our major objective which was to grow our revenues profitably," said owner Ann Budge. However runs to the semi-final of the League Cup, and the final of the Scottish Cup boosted revenues as operating profit totalled £1.6m. Fans group Foundation of Hearts continued to support the club as investment in the redevelopment of Tynecastle continued.
Source: BBC November 15, 2019 18:11 UTC