Hearts tell supporters they must sell players and season tickets to survive Hearts have admitted they could go bust and must sell players and season tickets to survive through the summer. The Edinburgh club will listen to offers for all of their players after admitting they do not have enough cash to pay tax or staff salaries. In statement on the club's website the Tynecastle side has also told supporters that the lack of season tickets bought has led to the shortfall in money over the summer. The board statement blames "hesitation and inaction" from supporters in leading to the problems and calls on fans to back the club to help it get through the next two months. The statement reads: "Due to recent unexpected circumstances away from Tynecastle, the club is now experiencing a shortfall in funding. While this hesitation is understandable it is unwittingly damaging the club's current efforts to improve its financial situation including current payments to HMRC and raising doubts over future payments to players and staff. It is now crucial to the football club that we find a solution to bring in enough finance to allow us to trade into the new season when normal trading can resume with the benefit of SPL and game-related income streams. The payments to HMRC and players/staff salaries are the most important issues in our focus these days where very limited time remains available to the club. The board had planned to bring income in through the sale of players while considering the financial forecast for next season but now this will need to happen much earlier in order to preserve the business. The club's board goes on to say that if it can get through June and July without entering administration, it has a strategy to sell the club to new owners. With Ukio Bankas, owed £15m by Hearts, going through liquidation, and parent company UBIG, owed £10m, close to becoming insolvent, an agreement would have to be reached with both parties to alleviate the debt burden on the club. The statement adds: "The most difficult part in this is finding an agreement with the creditors, however we know that there is goodwill with Ukio Bankas, as demonstrated by the statement from the Ukio Bankas administrator yesterday. We also believe that UBIG remains supportive of Hearts. More About Hearts in crisis