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 Posted by ESPN Staff
Nov 3, 2011

Hearts petition to be dismissed

A winding-up petition against Hearts was set to be dismissed at the Court of Session in Edinburgh on Thursday, but the Premier League club's financial troubles meant first-team players were still awaiting their overdue wages.

Papers were lodged on July 29 by the Advocate General for Scotland on behalf of Her Majesty's Revenue and Customs, with Hearts confirming on August 16 that they had paid the debt after being threatened with administration.

The case appeared on Thursday's court proceedings, but it was set to be dismissed in a rubber-stamping exercise.

However, it is far from the end of the financial predicament of Hearts, who are over £30 million in debt, with senior squad members awaiting wages which were due on October 16.

With no home fixture until November 26, the SPL clash with Inverness, it will be up to Hearts owner Vladimir Romanov to stump up the cash.

However, the Lithuanian businessman earlier this week expressed his reluctance to continue to plough money into the club.

The players met on Wednesday for an update on their wages, only to be informed funds are yet to be released and no date for payment was forthcoming.

Players could be sold when the winter transfer window opens in January to make up for the shortfall, but only if Hearts' valuation of any player is met.

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