Soccer-Brighton owner Bloom acquires stake in Scottish club Hearts

FILE PHOTO: Soccer Football - Premier League - Brighton & Hove Albion v Newcastle United - The American Express Community Stadium, Brighton, Britain - April 27, 2019 Brighton chairman Tony Bloom in the stands before the match REUTERS/Toby Melville

(Reuters) -Brighton & Hove Albion owner Tony Bloom has invested 9.86 million pounds ($13.41 million) to acquire a 29% stake in Heart of Midlothian, the Scottish Premiership club said on Wednesday.

Bloom's stake will be in non-voting shares and he has nominated James Franks, a long-time business consultant with experience of football governance, to join the club's board as a non-executive director.