In August 2004 the midst of Hearts' financial difficulties Russian-Lithuanian multi-millionaire Vladimir Romanov entered into talks to take over Hearts in what was dubbed the "Romanov Revolution". Romanov had already made failed attempts to purchase Dundee United, Dundee and Dunfermline. Romanov offered the prospect of the club staying at a redeveloped Tynecastle, which was very attractive to Hearts supporters. At the end of September 2004 Chris Robinson agreed to sell his 19.6% stake to Romanov. Romanov called an extraordinary general meeting in January 2005 so that the club could pass a motion to exercise the escape clause in the deal with Cala Homes. The backing of Leslie Deans and the McGrail brothers meant that the motion was passed with over 70% support. The sale of Robinson's shares was completed on 2 February 2005 after Romanov made financial guarantees that the club could continue to trade without selling Tynecastle. This sale increased Romanov's stake to 29.9%, giving him effective control of the club. Romanov's takeover was welcomed by a fans' representative. Romanov increased his shareholding in Hearts to 55.5% on 21 October 2005, and offered to buy the rest of the shares. Chairman George Foulkes sold his shares to Romanov and encouraged others to do likewise. Romanov eventually increased his majority share in Hearts to 82%.