Could Hearts crisis save Dundee?
Week by week details of the crisis at Tynecastle are emerging with manager John McGlynn hopeful that they might make it through to the end of the season.
Administration looks a real possibility for the Scottish Cup holders whose tax problems have been compounded by the collapse of UKIO Bankas owner by Vladimir Romanov.
Yesterday the club accepted an upfront fee of £400,000 from Sevco for Lee Wallace rather than pick up £500,000 in July as a final installment.
New SPL rules mean that a club going into administration will be deducted a third of their points tally from the previous season leaving Hearts open to a 17 deduction having picked up 52 points last season.
Hearts are sitting 16 points ahead of Dundee meaning that administration would open up the battle to avoid relegation.
Discussing the latest developments on the club finances Hearts boss McGlynn said: “The financial situation at the club has been a struggle all season and it’s very difficult because you’re having to do the job with less and less players and our injury and suspension situation is not helping.”
Looking at the football side he added: “We’re going through a transitional period which will continue into next season with players going and others coming in until it settles down completely.
“It has really been unbelievably difficult yet we could possibly win back-to-back cups and be in the top six.
“We were fifth last season but because they won the Scottish Cup and it was a day that everyone will remember, people forget that.
“They won that Cup with players I’ve not had the pleasure of working with. Since then we’ve lost David Templeton, Ryan McGowan and now Andy Driver.”
Tomorrow Hearts are at home to Inverness Caley Thistle with Celtic hosting Dundee on Sunday.
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