Heart of Midlothian released the financial accounts for the year ended 2022/23 on Tuesday. The club announced a record turnover of £20.8million, a six-figure profit and an increase in staff costs.

Our writer Joel Sked dug into the accounts to produce an analysis piece looking at a number of the main headlines, from benefactor donations to player trading and the benefits of European football.

In the latest Hearts Standard briefing, Joel is joined by James Cairney to discuss the financial accounts. The pair spoke about the impressive turnover numbers, the missed opportunity of European group stage football in back-to-back seasons and explained the role of James Anderson, the club's principal benefactor, exploring why some fans had concerns about the size of profit despite a substantial donation from Anderson and the Foundation of Hearts.

READ MORE: Inside Hearts academy: Best signing and recruitment change

The latest video can be watched in the player below. It is also available as a Podcast on Spotify, iTunes and Google Podcasts. 

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