Heart of Midlothian have eased concerns regarding their future by paying off their £450,000 tax bill to Her Majesty’s Revenue and Customs.
The Edinburgh club were given a winding-up order last month but managed to come to an agreement with HMRC in order to pay the aforementioned total by December 3.
A share issue scheme with the Hearts supporters has helped the Tynecastle outfit raise over £600,000 which has been distributed throughout the ranks with a Hearts Youth Development Committee delighted to announce the imminent fears have subsided.
"HYDC are very aware and grateful that many supporters, groups and Hearts FC have been raising monies to purchase shares and then donating them to HYDC to look after on their behalf,” read a statement on the club’s official website.
"Until the share issue closes on 19 December, we are unable to thank all the people who entrusted us with the responsibility of looking after these shares.
"Suffice to say, that this is a responsibility that we will take very seriously and will always act in a way that is best for the future of Heart of Midlothian Football Club.
"The response from supporters has been tremendous, but HYDC would ask supporters to keep supporting the club in any way they can whether it be by attending matches, buying Hearts merchandise or supporting the share issue."