Thursday, 5 June 2014

Hearts Set to Exit Administration

Hearts look likely to exit administration early next week – just days before the first anniversary of administrators BDO taking over the running of the club. It was June 19 last year when the financial roof metaphorically fell in at Tynecastle but now the news from Gorgie is of the Court of Session rubber-stamping Hearts exit from administration on 9 June.

It is understood Hearts don’t expect any last minute hitches although a precautionary date of Friday June 13 has been set should there be any unexpected problems. BDO would certainly be looking for a final resolution before 19 June as any delay beyond this date would require an extension to the administration period to be granted by a judge – which would prove costly for the club’s new owner Ann Budge.

If Hearts do formally exit administration on Monday it’s expected little time will be wasted in bringing new players to Tynecastle with former Dundee United midfielder Morgaro Gomis and Hamilton forward James Keatings believed to be on Head of Football Craig Levein’s list.

One player who won’t be returning to Tynecastle is former Hearts and Scotland goalkeeper Craig Gordon who is expected to sign for champions Celtic later this week.

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