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Hearts unable to sell 'summer signing' Danny Wilson

By Jim SpenceBBC Sport

Last updated on .From the section Footballcomments142

Danny Wilson

Hearts, who have will not be able to command a transfer fee for Danny Wilson.

It has emerged that the Tynecastle club are yet to register the Scotland international defender's contract with the Scottish Football Association.

The 21-year-old had been on loan from Liverpool but his

However, he remains a Liverpool player until his contract ends there in July.

Wilson had been unveiled as Hearts's first summer signing and said he was comfortable with the assurances he had received about the financial health of the Tynecastle club.

But Hearts announced this week that uncertainty over the club's future has led to a serious cash-flow problem.

The Scottish Premier League club are £25m in debt - £10m to parent company UBIG, which is claiming insolvency, and £15m to Ukio Bankas, which has been declared bankrupt.

Hearts say this has led to a shortfall in the sale of season tickets and it is believed they require more than £500,000 to keep the club running until the start of the new season.

That equates to the sale of 2,000 more season tickets, but Hearts also hope that selling players will eat into that amount.

However, they will not be able to raise any money from the sale of Wilson, who made 14 appearances in the 2012-13 season on loan and was viewed as perhaps their most valuable on-field asset.

Hearts need to raise money quickly to pay salaries and tax liabilities.

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142 comments

  • Comment posted by TheChad, at 13:08 14 Jun 2013

    "It is inevitable that Hearts will reach the level of Celtic and Rangers." Vladimir Romanov, November 2004.

    well, at least he was half right...

  • Comment posted by Dungolfin, at 12:40 14 Jun 2013

    Ridiculous that Hearts have been allowed to sign anyone. SFA should step in and tell them to immediately cancel Wilson's contract. In fact if I was Wilson I'd be walking away right now.

    Oh and for the Rangers fans...this has nothing whatsoever to do with you going bust. Big as you are I doubt that Ukio Bankas were pinning their business future on two visits from 5,000 knuckle draggers.

  • Comment posted by Reidy1987, at 12:30 14 Jun 2013

    Not a lot. Hearts were in dire straits long before RFC went bust. TV money is the same and my team lost around £15k in gate receipts due to TRFC not being in the SPL, so don't build up your part in Hearts downfall.

  • Comment posted by frisnit, at 12:31 14 Jun 2013

    Aye right #1, it's the lack of Rangers that's caused Hearts problems, nothing to do with the liquidation/uncertainty going on around them? Grow up

  • Comment posted by User0823202979, at 13:01 14 Jun 2013

    Why does everything have to be about the Old Firm (or New Firm now as Rangers are now a new club). Must make Aberdeen and Dundee United the Old Firm now.

    But I digress, this was a story about Hearts and their backers failing. It shouldn't be used for Old Firm fans to try to one up each other.

  • Comment posted by User0465042544, at 12:42 14 Jun 2013

    imager614 the difference is that rangers went in to administration, were then liquidated and died. That hasn't happened to Hearts...yet. And Hearts have not admitted they are insolvent, their majority shareholder has.

  • Comment posted by Garfield, at 13:01 14 Jun 2013

    Stop bleating about Rangers being relegated. Your club died and reformed, skipped the queue and got back in at the bottom. Spartans must be raging. And Celtic died? When? Please, do tell. They had The Bunnet. Rangers had..... oh that's right. NO ONE!

  • Comment posted by User0435259100, at 12:50 14 Jun 2013

    @10 i think youll find that scotlands EX most succesful club werent demoted for financial difficulty. they were kicked out of the league for liquidating the club rather than pay their debts. they reformed, changed their name, and were allowed back in at the bottom. the same will happen with hertz.
    if scotlands EX most succesful club hadnt liquidated they would only have been docked 10 points.

  • Comment posted by Liam, at 12:43 14 Jun 2013

    10. Are you being serious? Rangers weren't 'demoted'. You don't get demoted for being in financial difficulty, or even being in administration. Hearts will start next season with points deducted - the exact same punishment rangers got (although their points deduction was during the season since that's when they went into admin).
    Why is that hard for you to understand?

  • Comment posted by Rob C, at 12:32 14 Jun 2013

    So they want to sell Danny Wilson a fortnight before they sign him? Even Kia Joorabchian hasn't tried that one! This is what happens when you're dependant on a sugar daddy, if they pull their support then you're in trouble. Imagine the chaos/hilarity if Roman Abramovich or Sheikh Mansour left their clubs. Rangers' relegations didn't help, but that's not the core problem.

  • Comment posted by Liam, at 12:55 14 Jun 2013

    I can't believe people are still confused about the rangers situation. We're not dealing with grey areas, or giving opinions where every answer can be 'right'. We're dealing with facts. While you're allowed to believe what you like but it doesn't make it true and you just look stupid arguing.

    Rangers weren't demoted. They were liquidated and reformed.

  • Comment posted by Killingholme_Clay , at 14:32 14 Jun 2013

    55. fortysat
    "now please get an adult running this [BBC] site. (in Scotland if possible)"

    The first part we can do. The second part makes it virtually impossible, however Neil Doncaster might be interested!

  • Comment posted by User0803900576, at 18:15 14 Jun 2013

    @ 100. Coops11

    Did you complain about my posts because you lost the argument?

    That is pretty pathetic

  • Comment posted by User0175474904, at 13:01 14 Jun 2013

    I think its a shame that hearts are in such a poor shape. I was based near Darlington and work in Chester and have seen first hand what a football club hitting the wall can do to the fans. Good luck coming back from the brink that you've found yourselves in. Fans dont deserve it

  • Comment posted by specs75, at 12:38 14 Jun 2013

    #1 Don't think that Rangers had much to do with the financial collapse of Hearts major backer. Feel sorry for Wilson, good prospect at Rangers went down South too soon. He should go to a good Champioship club and rebuild his career.

  • Comment posted by waynebb, at 15:07 14 Jun 2013

    40: regarding your comments on 38, even a lot of English people (me included) are fed up witth this type of English fan!

  • Comment posted by User0034243644, at 13:18 14 Jun 2013

    Sounds to me like Wilson isn't even a Hearts player as the signing was never properly completed.

    So I can't really see why they've got any complaint that they can't sell him! Looks like really poor Management and administration yet again.

  • Comment posted by User0465042544, at 12:31 14 Jun 2013

    Goodwin14, very few clubs lost money. The attendances at most SPL clubs (including the saviles) went up last season. That added to the fact the TV deal was exactly the same meant that most SPL clubs have not lost anything from Rangers dying.

  • Comment posted by Saintsfool, at 13:18 14 Jun 2013

    I know it's wrong, but I did chuckle at this.

    "It is inevitable that Hearts will reach the level of Celtic and Rangers." Vladimir Romanov, November 2004.

    well, at least he was half right...

  • Comment posted by User0803900576, at 16:24 14 Jun 2013

    @ 87. Goodwin14

    Not a Celtic fan myself, but i couldn't manage they'd be that embarrassed, they'd still be ahead in league championships 44-1

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