Next Game

E Stirling v Dunf'mline

Sunday, 02 November 2014, 15:00

Scottish Cup Third Round

East End Park

Last Game

Dunf'mline 1 - 2 Morton

Saturday, 25 October 2014, 15:00

Scots One

Masterton hands over shares

Dunfermline owner Gavin Masterton has handed over his shares in the club in a move described as 'essential' in securing their future.

Last Updated: 04/04/13 at 14:00 Post Comment

Bryan Jackson: Dunfermline administrator now in control of club

Bryan Jackson: Dunfermline administrator now in control of club

More of the games that matter

Watch Manchester City v Manchester United live only on Sky Sports this Super Sunday. Upgrade in minutes or watch with a NOW TV Day Pass.

Businessman Masterton has passed his controlling interest in the Pars on to administrator Bryan Jackson, who says the move makes his job of saving the club considerably easier.

The Irn-Bru First Division side were placed in interim administration last week after Her Majesty's Revenue and Customs lodged a winding-up order over an unpaid £134,000 tax bill.

The administration process protects them from the taxman's attempts but they still owe around £8.5m to Masterton and other companies.

Former Bank of Scotland executive Masterton, who has faced supporter protests after taking the 128-year-old club to the brink of disaster, hopes the move will help them rebuild for the future.

He said: "For those of us who love this club, anything which can be done to facilitate its future survival must be done.

"I have given my life to DAFC over the last few years and I hope that this move is one of many actions which need to be done swiftly to allow Bryan to more effectively do his job as the administrator.

"I appreciate that the fans will also be doing their best for the club and hope that we can all work together to ensure DAFC is still around for another 128 years."

Jackson added: "I am grateful to Mr Masterton for handing over his shares.

"This will make the process of administration considerably easier and this action, along with the decision by various supporters and business organisations to unite behind the club in the Pars United group, gives me some hope that we can have a positive outcome from the administration process.

"I would echo Mr Masterton and Pars United in encouraging all fans, and the wider community, to get behind the club in any way that they can.

"We are also pleased to announce that we have been able to provide a small advance on April's wages to all players and staff from the generous donations received by fans and benefactors since the announcement of the interim administration last week."

More of the games that matter

Watch Manchester City v Manchester United live only on Sky Sports this Super Sunday. Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

C

an we release him in January?

dhirt11
Gerrard: I would leave Anfield

E

xcellent! Not sure if he is any good as a manager (never thought about it) but the 'headbutt in the technical area' and what he said to Pelligrini were just brilliant, it was as if he was trying to recreate the end of the Alan Partridge Xmas special when Alan punched a man in a wheelchair and verbally abused Tony Heirs.

beachend
Football Managers On TV: Alan Pardew

I

think you spelt Inter Milan wrong in your headline.

quoasis
Ince joins Forest on loan

Footer 365

European football: La Liga battle hots up as Real close on Barca after El Clasico win

The dust might be settling after El Clasico, but there’s plenty more drama in store in La Liga, writes David Garrido.

Arsene Wenger: Jack Wilshere doubtful for Arsenal v Burnley

Arsene Wenger admits that Jack Wilshere remains a doubt for Saturday’s visit of Burnley to the Emirates Stadium.

Steven Gerrard says Daniel Sturridge is the best English striker

Liverpool captain Steven Gerrard believes Daniel Sturridge is the best English striker he has played alongside.

Mail Box

Is Ancelotti A Better Boss Than Mourinho?

That's one shout in the mailbox, although not as controversial as the mail imploring Jose Mourinho to sign Steven Gerrard in January so he can win the title he deserves...

'Pride' Didn't Stop Wenger Signing Flamini

Arsene Wenger's 'pride' in signings is quite rightly pulled apart. We also have a stupidly long email on going back, and one Mailboxer whooping about the FA Cup first round...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property