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UPDATED: BDO begin Hearts surgery 21 June 2013

Administrators of ailing football club Hearts have announced redundancies across both playing and non-playing staff.

BDO announced that 14 – nine full time and five part time – administrative staff were made redundant and four players, two youth and two senior, are likely to be made redundant.

Bryan Jackson, joint administrator and restructuring partner at BDO, said: “It is never easy to make people redundant but the choices were stark.

“Without some immediate job losses the club would be unable to operate in the coming weeks. Even with these cuts, the club can only be saved if the fans get involved.”

The administrators have set a target for fans to buy a further 3,000 season tickets within the fortnight in order to raise the necessary funds to keep the club afloat.

Last season fans bought 10,000 season tickets and so far 7,000 have been sold for the upcoming 2013/2014 season.

Jackson explained: “The truth is that there is no cash and no immediate source of income. But I believe that if the fans rally round and support the club, we should be able to prevent any further redundancies and keep the team together.

“If we can match last year’s figure and sell a further 3,000 season tickets within the next 14 days, we will have sufficient funds to last the next four months and retain the remainder of the playing squad.”

Goalkeeper Jamie MacDonald and midfielder Ryan Stevenson have both agreed to take pay cuts in order to stay on at Hearts.

However, Danny Wilson, who was due to join the club from Liverpool at the end of the month, has had his move scuppered due to the transfer embargo placed on the insolvent club.

Meanwhile, joint administrator Trevor Birch has said that there are “three or four” UK-based parties interested in buying the club.

 

 

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