Wallace Mercer Businessman and Former Chairman of Hearts Fc
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Summary
THE date was May 25, 1981, and a significant one for Wallace Mercer. After 12 days of hard talking, he threw his National Westminster Bank cheque for [GBP]265,000 on to the negotiating table and bought himself a controlling interest in Edinburgh's Heart of Midlothian Football Club.
The 34-year-old property developer had bought more than a football club, however. The deal allowed him to pass through the stage-door of Scottish life and throughout the eighties and into the nineties it was a platform on which he performed with relish and gusto. He was described as a child of the eighties, and used the booming property market of that decade to make himself a millionaire.See the full content of this document
Extract
Wallace Mercer Businessman and Former Chairman of Hearts Fc
At school in Glasgow he had sharpened his gambler's instinct playing three-card brag. Later, as property market values reached for the stratosphere, M...
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