Jason Holt: Hearts reject new bid for Nottingham Forest target

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Hearts midfielder Jason Holt

Hearts say they have rejected a second bid for midfielder Jason Holt from an English Championship club.

The BBC has learned Nottingham Forest have tabled a second offer for the 20-year-old.

Since entering administration last month, Hearts have agreed wage cuts with some senior players while John Sutton left to join Motherwell.

Holt became a regular in the Hearts first team last season, having made his debut in 2011.

Managing director David Southern told the Hearts website: "It's thanks to the fantastic fundraising efforts of the supporters that we are in a position where we do not have to sell our best talent for below market value.

"[Manager] Gary Locke has a small squad and will face a challenging season so to rid him of another player, and such a talented one as Jason holt, would not benefit him or the club as a whole."

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