Had lunch with a strategic investment banker today and he had some interesting things to say about the Hearts set up. Said that UKIO was a very unstable proposition in banking circles at present and that Romanov was raising finance through the Lithuanian state. He was pretty certain that there was money laundering going on and that Romanov was not going to be there much longer. He also said that the planning application for the new stadium was a smoke screen and that it was never going to materialise. The land was purchased for the singular purpose (and with council consent) of building a football stadium but the planning application was lodged including hotels and other additionals. Looks like this has been done intentionally to ensure the planning is rejected and Romanov can blame the myopic council set up for the lack of progress at Hearts.
I realise this has all been said before, but an interesting chat none-the-less.