The 21-year-old's move from England back to Scotland appeared to be in doubt over the club's financial problems, although the SPFL have confirmed the transfer can go ahead
The defender made 13 appearances on loan at the Scottish side last season, but the permanent deal was in doubt when administrators BDO were brought in to deal with the club’s administration.
The SPFL, however, confirmed that Wilson’s current registration with Hearts would remain after he offered to take a pay cut to stay at Tynecastle.
Hearts’ official website stated: “Heart of Midlothian FC is pleased to confirm that Danny Wilson is to remain at Tynecastle following his period on loan from Liverpool.
"The Scotland international's contract with the Anfield outfit expires today [Sunday, June 30] but he will keep featuring in maroon after the SPFL confirmed that his registration will continue.
"Although the current administration which the club is subject to has meant an embargo on new player registrations, as the 21-year-old is already registered with the club there is no restriction on his move from Liverpool to Hearts."