How did it come to this?

How did a respected institution like Heart of Midlothian FC end up being taken over by a bunch of Lithuanians? The Herald lists the Hearts Board:

Roman Romanov, Chairman and temporary chief executive; Vladimir's only child, joined the board in February. Aged 29, studied economics at Moscow University.
Sergejus Fedotovas, Director. Also 29, he is a close associate of Vladimir Romanov.
Liutauras Varanavicius, Director. Experience of wheeling and dealing in eastern European market where players can be brought in on the cheap.
Stewart Fraser, Finance director. Part of the old regime, joining the company in 1998.
Julija Goncaruk. A Lithuanian non-executive director with responsibility for marketing. She joined the board in July.