Scottish Premier League news

Hearts avoid SPL points deduction

May 20, 2013
By ESPN staff
Hearts have been spared relegation from the Scottish Premier League despite their parent company, Lithuanian bank UBIG, having declared itself insolvent.

The SPL board met on Monday to decide whether the financial status of the Jambos' majority shareholder constituted an "insolvency event" under its rules on "group undertakings" relating to clubs.

The Edinburgh side faced the possibility of an 18-point deduction as well as relegation to the Scottish First Division following ...

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