'Difficult situation' for MacDonald
Jamie MacDonald feels it would be the Hearts players and supporters who would suffer if heavier sanctions are imposed.
Hearts were this week issued with a player registration embargo of 60 days, until December 23, by the Scottish Premier League after admitting to failing to pay all of their players and staff on schedule for September and October.
Finances have been tight at Tynecastle since majority shareholder Vladimir Romanov revealed he was disillusioned with football and four times last season wages were delivered late.
MacDonald understands punishments must be meted out, but is concerned the players will suffer two-fold if stiffer penalties are imposed.
"It's difficult. If you're not working within the rules there have to be sanctions," MacDonald said.
"It is a fair thing to happen. I think there was talk of a point deduction, which I don't think would be fair, it wouldn't be fair on us.
"The last thing we want is to have a points deduction.
"We're the ones already not getting paid and then to get a point deduction on top of that would be quite difficult to take.
"It's a difficult situation. It hasn't been the extremes that it was last year, weeks upon weeks. This time it's been a couple of days and the club have found the money."
Hearts are seeking to address the issue by encouraging fans to purchase a shareholding of up to 10 per cent
If successful, the share offer, at 11p per share, could accrue £1.79million and the possibility of future fan ownership could be explored.
MacDonald and manager John McGlynn welcomed the scheme.
McGlynn said: "The football club have recognised that they've got a problem and they're trying to do something to get out of that.
"It's a rallying call to get an opportunity to buy in and help the football club when it does need it.
"There are different ways. The share issue is the major one, but getting full houses would also be beneficial, a step in the right direction.
"It would be a good opportunity to try to help the football club over a difficult period of time.
"The more money that comes in is going to help us in the short term and the long term."
McGlynn is frustrated to have to continually address off-field issues, but insists the scheme was not an overnight thought and praised the board for their attempts to address the financial issues at the club.
There are concerns for Hearts' future if the share issue is not well subscribed, but McGlynn defended Romanov's impact on the club, pointing to the two Scottish Cup wins in six years, when cross-city neighbours Hibernian have not lifted the trophy in 111 years.
McGlynn added: "Whether it's the last throw of the dice or not, I'm not sure. You would need to ask the board that.
"I'm the football manager. I've got to try to take care of the football side of things."
McGlynn insists the impact of the sanction is limited, although Rudi Skacel has now signed for Dundee United after recently training with Hearts with rumours of a third spell at Tynecastle.
Right-back Jamie Hamill is yet to feature under McGlynn due to a cruciate knee injury, but is soon poised to return from a lengthy lay-off
"Jamie will be like a new signing for me," McGlynn said.
The former Raith Rovers boss was in good humour, but knows his side face a stern test tomorrow against Ross County.
"I know the Ross County team and people very well from being in the First Division," McGlynn added.
"I've got a lot of respect for Derek Adams, I think he's done a great job.
"They're an experienced team, a threat from set-pieces.
"We're at home, we're playing quite well. We want to try to make Tynecastle an intimidating place tomorrow for the Ross County players, both on the park and from the fans in the stadium as well."