Hearts enter administration

Hearts are to go into administration, the club confirmed last night.

The club are now likely to face a 15-point penalty when the new SPL season kicks off on Saturday, August 3.

The financially-stricken SPL club — with debts of around €29m — have lodged papers at the Court of Session in Edinburgh and are understood to have approached accountancy firm KPMG to act as their administrators. A club spokesman said: “We are not in administration yet but we have served our intention to appoint administrators.”