Rangers manager Ally McCoist has offered his sympathy and support to Hearts.
The Edinburgh side have become the latest Scottish club to be plunged into a financial crisis after being issued with a winding up order by Her Majesty's Revenue and Customs over a tax bill of almost £450,000.
Rangers were themselves forced to call in the administrators in February as a result of HMRC action and were eventually liquidated in the summer before being relaunched as a newco.
McCoist said: "We probably understand and sympathise more with Hearts than possibly any other club, just due to the fact that we know exactly what they're going through.
"Our sympathies are with all the players and staff and supporters.
"You are effectively talking about peoples' livelihoods and peoples' lives which, in the grand scheme of things, is far greater than any result.
"Our thoughts are with Hearts at the moment, we sympathise with them greatly, and we just hope that they can come out of it in a positive way like we have.
"All I want is for Hearts to survive and for people to keep their jobs and for Hearts supporters to have a team to go and watch."