Scottish club Hearts headed into administration

Last updated 07:01 18/06/2013

Relevant offers


Liverpool managerial hopeful Juergen Klopp due at Anfield on Thursday Wellington Phoenix coach Ernie Merrick cries foul at Westpac Stadium Fifa presidential contender Chung Mong-joon calls Sepp Blatter 'hypocrite' All Whites great Steve Sumner feeling positive after being given 30 per cent chance of beating prostate cancer A-League's season 11 promises excitement despite the doomsayers Germany great Gerd Mueller suffering from Alzheimers: Bayern Munich Mainland football marketing intern makes Canterbury United squad Depression widespread among professional footballers, FIFPro study claims Wellington Phoenix happy to phone in A-League launch Australian bookies rate Wellington Phoenix ahead of A-League season

Scottish club Hearts is set to go into administration after falling into financial trouble.

Hearts says in a brief statement that a "notice of intention to appoint an administrator" was served at a court in Edinburgh on Monday.

The club, which has debts of 25 million pounds ($39 million) and has been threatened with legal action over an unpaid tax bill, announced last week that it was "experiencing a shortfall in funding" and will listen to offers for the team's best players.

Hearts was also placed under a transfer embargo.

The team finished 10th in the 12-team Scottish Premier League last season, was put under a transfer embargo in 2012 after failing to pay a tax bill.

Ad Feedback

- AP

Special offers
Opinion poll

Will Burnley retain their EPL status?

Yes, they've found a winning formula

Maybe, but there’s a long way to go

No. They lack quality in certain areas

Vote Result

Featured Promotions

Sponsored Content