Quote:
The likely scenario is administration - the debts get cleansed," said Patey."Even so, as long as there's a buyer for the club or the assets, Hearts could still continue to exist."
And the partner at Ernst & Young added: "It will just be [a question of] under what structure and what ownership.
There is a strong possibility that through one of those routes, administration could happen.If they went into administration and a CVA (company voluntary arrangement) was agreed they could still be playing in the SPL next season but with a 15-point deduction."
Cover enough bases there Neil ?