Leicester have appointed Terry Robinson as the club's new director of football.
Robinson, former chairman at Bury and Sheffield United, joins the Foxes from Stoke, where he had been director of youth development for two years.
Leicester's chief executive officer Susan Whelan said: "The appointment of Terry Robinson will add another dimension to the club and to our football operations.
"The appointment of Terry will complement the wealth of football experience already in place in our first-team manager Nigel Pearson, academy director John Rudkin and football operations director Andrew Neville, whose roles all remain unchanged.
"I would like to take this opportunity to welcome Terry to Leicester City and wish him great success in his new role."
Former Scottish Rugby Union chief executive McKie admitted on Friday that his group of Hearts-supporting businessmen could not fund a takeover alone.
The Foundation of Hearts confirmed McKie's proposal was welcomed and is one of the two options they referred to 24 hours earlier, which both involve supporter investment in partnership with business.
But the network of fans groups added in a statement: "At this time, the Foundation is set to choose the alternative funding option but wishes to maintain a strong, positive relationship with Mr McKie's group, given it and his own personal expertise."
Meanwhile the group reported a 15 per cent increase in fans converting their pledges into direct debits in the 24 hours since the launch of their "final push" - a number which sends them towards the 5,000 mark.
Foundation of Hearts chairman Ian Murray MP said: "The board of Foundation of Hearts will consider the best option for Hearts, nothing else, ahead of next week's deadline.
"We welcome Gordon's honesty that his own consortium is not in a position to go it alone and thank him for putting a proposal to us. They have been forthright and professional all through the process.
"Our bid will combine capital funding support alongside the fantastic efforts of supporters in setting up thousands of direct debits to the Foundation to provide a stable ongoing financial platform."
Cumbria-born Guy had been told he was free to find a new club and had been training with Carlisle before reaching agreement with Saints to end his contract a year before it was due to expire.
A club statement read: "It has been confirmed this morning that Lewis Guy has cancelled his contract with St Mirren Football Club by mutual consent."
The 27-year-old joined St Mirren a year ago from MK Dons and hit six goals in 35 appearances.
His final appearance, in a goalless draw with Aberdeen in the penultimate match of the season, saw him substituted 16 minutes after coming on, following an exchange of words with assistant manager Tommy Craig.
