Heart reject South Melbourne share offer

May 1, 2013
By Guy Hand
Melbourne Heart have rejected a takeover offer from former NSL heavyweights South Melbourne, with the current owners not prepared to sell a controlling share of the A-League club.

Heart chief executive Scott Munn confirmed South Melbourne had contacted the club about acquiring a portion of shares - the second time it had done so.

But the Heart said no - and are believed to have done so in record time.

It is understood the Heart's current owners want to retain control ...

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