Jason Holt: Hearts reject new bid for Nottingham Forest target
Hearts say they have rejected a second bid for midfielder Jason Holt from an English Championship club.
Since entering administration last month, Hearts have agreed wage cuts with some senior players while John Sutton left to join Motherwell.
Holt became a regular in the Hearts first team last season, having made his debut in 2011.
Managing director David Southern told the Hearts website: "It's thanks to the fantastic fundraising efforts of the supporters that we are in a position where we do not have to sell our best talent for below market value.
"[Manager] Gary Locke has a small squad and will face a challenging season so to rid him of another player, and such a talented one as Jason holt, would not benefit him or the club as a whole."