Hearts defender Jamie Hamill has become the third senior player to accept a 50 per cent wage cut in an attempt to ease the club's financial problems.
The full-back has followed the example of Jamie Macdonald and Ryan Stevenson, while Scotland U21 defender Kevin McHattie is close to agreeing a similar arrangement.
Hearts owe £25m to Lithuanian firms Ukio Bankas and UBIG, who are also major shareholders in the club.
Administrators BDO say Hearts need to sell 3,000 season tickets over the next 10 days if they are to survive and fans have already purchased 1,200 since Friday.
Hamill said: "It has been difficult with the club going into administration but I spoke to the gaffer and my wife about the situation and decided it was best to stay here, as I just want to play at Tynecastle.
"I have been out injured for so long and missed a couple of cup finals, so I feel there is unfinished business here for me. I am just looking forward to pushing on now.
"It is going to be a tough season for us but I'm looking forward to getting back playing again.
"We want to help the gaffer out as it is going to be a very young team, so hopefully the experienced guys can help us close that gap, with us starting the season at minus 15 points.
"We need to stick together and focus on starting the season as well as we can.
"The fans have been magnificent in buying as many season tickets as they have. Hopefully they can keep up the good work to reach the target set by the administrators."