Hearts have expressed gratitude to fans for a “truly staggering achievement” after the Foundation of Hearts raised £20m in member contributions.
Next Saturday’s home game against Dundee has been designated as Foundation of Hearts day in celebration of the milestone.
The FoH, which currently has more than 8,000 members and is Hearts’ majority shareholder, was founded in 2010 and played a key role in saving the club when it went into administration three years later.
Hearts CEO Andrew McKinlay said: “We’re at the stage now where we’re beginning to run out of superlatives to describe our supporters but this latest announcement is somewhat breathtaking.
“What the fans of this football club are doing, and have done since day one, is nothing short of magnificent. To have raised £20m in contributions is simply sensational.
“Our fan ownership model is the envy of clubs the length and breadth of the country but it wouldn’t be a success without the work ethic and commitment of the Foundation of Hearts.
“Everyone there deserves enormous credit for reaching £20m, as do our FoH members who continue to provide an unrivalled level of backing.”