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Hearts - Interest Payments

 

Hearts has to pay out interest on loans taken out for various purposes.

The graph below shows that the club has been paying out an ever increasing amount to service its borrowings. Most of the club borrowings are from AB Ukio Bankas.

For the first time in ten years the amount of interest the club i spaying has actually reduced. It would be nice if this had come from having reduced borrowings but it is more driven by interest rates dropping. The figure works out as over £35k per week.

Interest Payable