THE Foundation of Hearts has confirmed it has submitted an offer for the club with administrators BDO.
The network of supporters’ groups is aiming to take control of the crisis-hit outfit, who entered administration last month.
Tomorrow is the deadline for first offers to buy the Gorgie club and the Foundation is the first interested party to go public with confirmation of submission of a bid.
A statement released by the Foundation today read: “The bid team working with and on behalf of the Foundation of Hearts, has today submitted a proposal to the administrators of Heart of Midlothian FC, BDO LLP.
“The proposal would see Hearts exit administration and, with the ongoing backing of the supporter base, move towards a position of financial stability.
“Should this bid be accepted by BDO, it will allow the Foundation of Hearts to secure majority ownership over the club in a controlled fashion with support of the necessary capital to make today’s bid strong and credible.
“The Foundation of Hearts will respect the next stage of this process by making no further comment in the days ahead, to allow the administrators to consider next steps.”