Hearts began the campaign with a new manager, Csaba László, at the helm. In Laszlo's first game in charge Hearts drew 1–1 with Northern Irish side Glentoran (losing 6–5 on penalties.) Two days later Hearts travelled to Dunfermline where they lost 1–0. On the same day Hearts set out on their 10-day pre-season tour of Germany.

The club began the season with a home win against Motherwell and had a good run in the early stages of the campaign, climbing as high as second in the table in late September. The good start looked under threat when it was revealed that players wages had not been paid, although the problem was blamed on a "technical hitch" with wages to be paid on Friday 26 September. However, in April 2009 the club was able to announce a £6 million reduction in their debt level.

After a run of poor results in October, the club set off on a run of five league wins in a row starting with a 1–0 away win over St Mirren and culminating in a 2–1 home win over Rangers that left them third in the table. However Hearts' strike force had only managed to score 2 goals in 19 games and was looking ineffective. After a 1–1 draw at Celtic Park, there followed a draw at home against Dundee United, a defeat at Pittodrie and a goalless draw against Hibernian.

Hearts boosted their chances of a third-place finish and qualification for the Europa League with a 2–1 win over 5th-placed Aberdeen, Christian Nade cancelled out Darren Mackie's opener on the stroke of half time before Andy Driver scored the winner in the second half.

On 28 February Hearts beat fellow 3rd place hopefuls, Dundee Utd 1–0 at Tannadice with Michael Stewart's second half strike. This moved them 5 points clear in 3rd place, following which Hearts then defeated Motherwell 2–1 at Tynecastle with a last minute goal from Ruben Palazuelos.

Hearts visited Easter Road on 14 March and lost 1–0 through Steven Fletcher's goal. Hearts then took themselves to Ibrox where they found themselves 2–0 down at half time but a spirited second half changed the course of the match with Christos Karipidis and Ruben Palazuelos both netting to make it 2–2.

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