Locke desperate for solution

Gary Locke is praying creditors of Hearts' failed owners 'see sense' and do not kill off the administration-hit club.

Last Updated: 04/04/14 at 14:04 Post Comment

Gary Locke: Desperate for solution to threat of administration

Gary Locke: Desperate for solution to threat of administration

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

The Tynecastle manager is keeping his fingers crossed that a £2.5million rescue package being funded by Edinburgh businesswoman Ann Budge is given the green light at a crucial meeting in Lithuania on Monday.

Administrators hope to complete a deal to hand majority shareholders UBIG and Ukio Bankas' 80 per cent stake to fans group the Foundation of Hearts but need blessing from the creditors of the two Kaunas-based firms.

There were fears that Sualiu Bank - owed money by UBIG - were unhappy with the terms of the FoH offer, sparking speculation Hearts could be liquidated before the season is out.

But Ukio's bankruptcy administrator Gintaras Adomonis told the Scottish Daily Mail that the share transfer "should be approved" on Monday.

Now Locke hopes his words prove correct.

He said: "We will have a few sleepless nights before Monday. It is our biggest battle yet. We're all praying that there's a positive outcome.

"I'm not sure if the people in Lithuania pay any attention to the Scottish media but I am speaking on behalf of everyone at Hearts when I say that I just hope they see sense and make a positive decision.

"Then we can all get on with our lives and try to make Heart of Midlothian a top football club in Scotland."

Before Hearts even get to Monday's meeting, their football fate could be decided on Saturday.

Having twice staved off confirmation of their relegation from the Scottish Premiership, they now face a trip to Partick where failure to win will send Locke's men down to the Championship.

A point for St Mirren at home to Motherwell will also be enough to end their 31-year run in the top flight.

Locke has had to contend with a 15-point penalty and transfer restrictions this season but has not been immune to criticism of his management.

The rookie boss admits he has made mistakes in his first full season in charge but insists he has improved the young players under his charge.

He said: "Over the course of the season we have all made mistakes at some point.

"I can look back at some team selections that with hindsight I'd do differently now. But I'm not going to be the only manager sitting here saying that.

"But in the main we have tried our very best to put the strongest team available out on the pitch most weeks.

"I've said all along that our biggest problem would be that our young lads would take a dip. Unfortunately for us, they all took a dip at the same time. Without making excuses, we just genuinely did not have the players to come in and replace them.

"We had to keep playing them while doing our best to keep their confidence up. But if you look at those same players now, compared to the start of the season, they are all physically better and better footballers as well. So from that point of view I think we have done a good job."

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

Related News

Most Commented

Readers' Comments

I

recently had to complete a difficult project at work. I had to come in early, stay late. I even had to work some 7 day weeks. Anyway, long story short, I'm now a member of Britain First. Slippery slope.

sailingmagpie
Will The Laughable 'Banter' Defence Lead To Change?

C

rikey, Spain is so exotic, we have cold Tuesday nights in Stoke, they have hot Thursday nights in Eibar

Gollo
Atletico Ready For Another Title Tilt

Y

es, these stats are right. Rio Ferdinand definitely had a better debut than Fernando.

that man
Top Ten Debutants From Opening Weekend...

Footer 365

LMA apologises for wording of Malky Mackay statement over Cardiff dossier

The LMA has apologised for the wording of its press release on Thursday in relation to Malky Mackay.

Rio Ferdinand would love to manage England after his playing career ends

Rio Ferdinand would love to manage England one day after revealing his long-term plans for a future in football as a coach.

Premier League: Former Cardiff boss Malky Mackay promises to co-operate with FA

Malky Mackay says he will co-operate fully with an FA investigation into Cardiff's text message dossier.

Mail Box

Man United: One Game To Save Season

They have one match to convince decent players that they are worth joining - over to you, Louis. We also have mails on Malky Mackay, Mario Balotelli and Tim...

Man United Fans Clutching At Straws

While the focus is on Liverpool's move for Mario Balotelli, one Man United fan tries to convince the mailbox with nine reasons why Angel Di Maria would prefer them to PSG...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property