Craig Levein: Vladimir Romanov and Hearts are on the right path SCOTLAND manager Craig Levein insists Hearts owner Vladimir Romanov deserves credit for taking steps to ensure the club does not follow Rangers into financial oblivion. Scotland boss Craig Levein is backing John McGlynn to be a success at Tynecastle Levein also believes owner Vladimir Romanov is right to be prudent Ex-player Edgaras Jankauskas in the running for assistant manager position Levein has given the thumbs-up to John McGlynn's appointment as the new Tynecastle boss, a decision that is consistent with the club's effort to promote youth team players into the side to save costs. The pair worked together for four years in Gorgie until Levein switched to take over the reins at Leicester City shortly before the Lithuanian swept into power at Hearts. And Levein believes the more prudent approach by a club in debt by £24million should be embraced by the supporters, given the situation at Ibrox. Levein said: "The reason [former manager] Paulo Sergio is not at the club is because the club has decided to go down a different road. The owner has made the decision that the club has to become sustainable in its own right and in some regard I admire that decision. You can get into all sorts of financial difficulties chasing a dream and we just have to look along the M8 to see what's happened at Ibrox. Making sure the club can stand on its own two feet is really important and I don't think any Hearts supporter would like to see the tradition of Hearts almost disappear like what's happened at Rangers. There is a whole lot more at stake than what happens in the first three months of the season. We have to be realistic and protect the name of the club and ensure it stays on long beyond any of us. Everybody has to get behind the manager and, hopefully, the club can benefit from young players coming through, some shrewd signings and get on a strong financial footing. Former Raith manager McGlynn coached Hearts under-18s during Levein's time at Tynecastle and the Scotland boss reckons he is a shrewd appointment. Speaking to the Hearts website, he added: "I hold John in the highest regard. He has done a brilliant job at Raith Rovers and I have huge admiration for him. He is absolutely the perfect man for Hearts given the road the club has decided to go down. Nobody will work harder or have greater knowledge of the club or youth set-up than John. I would say he is 100 per cent the right man for Hearts. He is a top bloke, works hard and knows the game inside out and he's perfect for what Hearts are trying to do. Meanwhile former Hearts Scottish Cup winner Edgaras Jankauskas is being considered for the No.2 role under McGlynn. It is understood the Lithuanian has been identified as the man Hearts want to assist McGlynn, even though Gary Locke remains part of the backroom teamo. Jankauskas was assistant to Jose Couceiro at Russian top-flight club Lokomotiv Moscow last season prior to the arrival of new manager Slaven Bilic. And the 37-year-old is known to Hearts owner Vladimir Romanov from the two seasons he spent on loan at the Gorgie outfit from FBK Kaunas. The Edinburgh club are thought to have made a contract offer to their former striker following talks, although it is likely that the situation regarding Jankauskas will become clearer when McGlynn is officially unveiled this afternoon. McGlynn had Paul Smith as his assistant at Raith Rovers but the former Hearts player will not be following him to Gorgie and has been appointed as the Kirkcaldy club's caretaker manager. Locke became first-team coach at Hearts under the management team of Jim Jefferies and Billy Brown and was kept on following Sergio's arrival despite the Portuguese's appointment of compatriots Sergio Cruz and Alberto Cabral to his staff. A former Champions League winner with Porto, Jankauskas joined Hearts in 2005 and scored 12 goals as they finished second and won the Scottish Cup, a campaign that saw McGlynn serve as caretaker manager and become Valdas Ivanauskas" No.2. A disappointing campaign the following year saw the towering marksman deliver a solitary goal in 17 appearances. He retired last year after stints with New England Revolution, AEK Larnaca, Belenenses and Skonto Riga.