Hearts investor Tony Bloom has insisted the Celtic and Rangers dominance in Scotland is over.
The entrepreneur, who has a 29 per cent stake in the Tynecastle club, has vowed Scottish football will no longer be a two-horse race.
Bloom made the blockbuster claim in a Foundation of Hearts event at Tynecastle on Sunday evening.
He said: "I don't like the fact that the last 35 years has been completely dominated by the Old Firm and probably the last 15 years, apart from the one season when Rangers won the league, it's dominated by one club.
"It's not good at all and I believe I can make a difference, I can help make a difference and I don't want it to be dominated just by two teams.
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"So I did look and thought about clubs in Scotland and as soon as I met Ann [Budge] and as soon as I really looked at Hearts, I knew this was the club that I liked to invest in and here I am today.
"I think it's really important overall for Scottish football is for it not to be a one or two club show and it's not going to be from now on, I assure you.
“I welcome the investment from other clubs outside the Old Firm, I think that’s really good for Scottish football. It’s not good at all that Scottish clubs, historically, have not been doing well in Europe. That lowers the co-efficient, so even if you win the league, like [[Celtic]] this year, you have to win knockout games to get into the group stage of the Champions League. I’m very confident that the co-efficient will change over the next few years, it will be really good for Scottish football. I hope it will be good news for Hearts.”