Transfer embargo lifted

Hearts today acknowledge the SPL's confirmation that the registration embargo imposed upon the club has been lifted.

The board of the SPL is satisfied that remuneration default is no longer ongoing.

The club is now free to sign players during the transfer window, subject to meeting the following criteria:

• One out, one in (ie the Club will only be able to replace such number of Players as have their Registrations with the Club terminated - whether by sale, mutual agreement or otherwise)

• Only under-21 Players (as defined in the SPL Rules) will be able to be Registered

• Any new under-21 Player Registered must have an annualised employment cost lower than that of the player leaving the Club.

The above criteria will remain in place until the end of the 2012/13 season.