Hearts managing director David Southern and director of football John Murray have both agreed to take wage cuts in a bid to help the stricken Tynecastle club.
The duo will receive lower salaries until the Gorgie club exits administration. The move has come under the same review process which will see assistant manager Billy Brown leave the club this weekend after his short-term contract wasn’t extended.
Bryan Jackson, the joint administrator of Hearts and business restructuring partner with BDO, explained: “Both David and John have kindly accepted a cut in wages to help reduce the running costs at the club. We remain focused on the main issue of getting Hearts out of administration by negotiating with the Lithuanian administrators for the transfer of shares.”
“However, a key element in the success of this administration is keeping Hearts solvent throughout this process until the share transfer can occur and all issues can be resolved. I would like to thank the team and staff at Hearts and the fans for their patience and loyalty throughout a very difficult period. We are getting closer to a resolution but there is still some way to go and several obstacles to overcome so I would ask everyone to remain focused on the end result which is to keep the club going both on and off the pitch for the next few months.