The numbers are revealed in the annual accounts which state that the turnover sum is a record for a season without European football.

Hearts say the took a deliberate decision to invest in the playing squad from a position of financial strength, helping secure a return to European league phase football.

Strong underlying revenue growth offset much of the loss of European income with sponsorship and advertising income up 37 per cent and retail and hospitality numbers were up 17 per cent.

Hearts continued to benefit from what they call “exceptional financial backing” from benefactors and Foundation of Hearts members.

The club statement said: “The club’s balance sheet remains robust, with the accounts reporting net assets of £20.3m at June 30, 2026, the financial year end.

“The return of European income, continued commercial development and further momentum in player trading, provide a positive outlook for 2026/27 as the club continues to pursue its objectives within a disciplined financial framework.”

And Hearts say they are engaged in “positive discussions” regarding further investment to support what they call the “continued, measured pursuit of the club’s ambitions”.

Meanwhile, the Gorgie club report that Calvin Miller, injured at Hampden on Sunday in the Premier Sports Cup semi-final, will be sidelined for around two months with a knee injury which requires surgery.

Tomas Magnusson is also expected to be out until after the international break. He suffered concussion at Hampden against Hibs.

The double blow meant head coach, Wouter Vrancken, travelled with 19 players to Switzerland for Thursday’s UEFA Conference League clash with Thun (kick-off 17.45).

Hearts have ten first-team players sidelined and have called-up two 19-year-old players, Matthew Gillies and Gus Stevenson, from their loan spell with Stenhousemuir to help make up the numbers for the Euro clash.

The Swiss side come into the game on a high. They trailed 4-1 at Lausanne on Sunday before claiming a 5-4 win and they are determined to carry this momentum into their game against the Jambos.

Thun are looking for their first points in the UEFA Conference League. Hearts have one and a close game is expected.