Hearts are prepared to offload their entire first-team squad in order to steer the club away from going out of business.
The Edinburgh outfit have blamed the "drying up" of other revenue for their difficulties, with season ticket sales believed to stand at around half of what they were this time last year.
Managing director David Southern believes the club's chances of paying player's wages, that are due at the end of this week, are slim, with Hearts needing to raise a "significant six-figure sum" before the weekend.
With a debt of £25 million - £10m of which is due to their insolvency claiming parent company UBIG - the future looks bleak for the Edinburgh based club.
With £15m also owed to bankrupt Ukio Bankas, Hearts' majority shareholder, Vladimir Romanov is seeking a buyer for the Scottish Premier League side.
Romanov claims to have spent £60m of his own money on the club, but it's done little to relieve them of their problems.
In a statement, the club said: "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 gate-related income streams.
"The payments of HMRC and players/staff salaries are the most important issues in our focus these days where very limited time remains available to the club.
"However, given that the revenues for season tickets has dried up and no other realistic income is available quickly enough, the club will consider offers for the players of the current squad, including the most promising talent in order for the most necessary and important payments to be made."
Hearts have been assured by Ukio's liquidation administrator that he wishes to keeping the football club going. However, the club says the resulting uncertainty has contributed to them selling just 6,500 season tickets for the upcoming season.
"Due to recent unexpected circumstance away from Tynecastle, the club is now experiencing a shortfall in funding," said the club statement.
"This shortfall, due to recent uncertainty, has created a significant noticeable blockage in projected revenue streams for the club.
"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.
"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 have also said that their financial problems have resulted from their worst league finish in more than 30 years, the absence of Rangers from the SPL and increased costs relating to the Main Stand.
"Provided we can achieve security for the club, it is the view of the board that there is a visible strategy for the change of ownership to a willing buyer or investor," they add.
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