„The decision should be made during August. We are looking for the best option acceptable to Ukio Bankas' creditors and as favorable as possible to the club,“ Gintaras Adomonis told BNS on Monday.
Talks are underway with two potential investors, including a joint bid from the club's fans, he said.
Hearts said in a statement last week that Hearts' administrators had announced that the bid submitted on behalf of the Foundation of Hearts, an association of the club's fans, would be „preferred bidder“ for the club.
However, Adomonis told BNS that he could not confirm this.
„We can't say at the moment that this offer is the best,“ he said.