East End Park

Next Game

Dunf'mline v Peterhead

Saturday, 27 September 2014, 15:00

Scots One

Last Game

Morton 2 - 1 Dunf'mline

Saturday, 20 September 2014, 15:00

Scots One

Pars given full administration

Dunfermline's fight for survival received a major boost when they were granted full administration by the Court of Session in Edinburgh.

Last Updated: 11/04/13 at 15:00 Post Comment

East End Park: Full administration

East End Park: Full administration

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

The Scottish first division side had been in interim administration since last month after being issued with a winding-up order over an unpaid tax bill for £134,000.

Insolvency experts Robert Barclay and Bryan Jackson were given the task of mapping out a rescue plan and the pair have now been installed as administrators.

Their petition for full administration was not opposed by HM Revenue and Customs when it was put before Lord Malcolm at the Court of Session.

Susan Ower, counsel for the club, told the court Barclay and Jackson had met with directors, identified potential cost savings and contacted creditors and suppliers, giving advice over the continued trading of the business.

"They have met with potential purchasers of the business on a number of occasions," she said. "They have obtained payment of £100,000 from potential purchasers and that is to assist with the costs of continued trading."

Seven first team and three youth team players left the club immediately it entered interim administration but Jackson has revealed there is unlikely to be further redundancies.

Earlier this week, the Scottish Football League enforced a 15-point deduction on the club which resulted in them dropping to third from bottom of the table and into the relegation play-off zone.

The SFL also imposed a transfer embargo which prohibits them signing players aged over 21 until they come out of administration.

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

H

ilarious, thanks for that. But if I may, I do suspect the reason of your partners' ire is not Tottenham, but most probably all the compusilve gambling :)

DannySmith
Backing Costa To Keep Banging 'Em In

T

wo police horses in a paddock. Horse 1: What's with the long face? Horse 2: I'm working St James Park this weekend.

hump3.
Pardew braced for protests

T

wo things. First, I can't stop reading your name as 'Dane Bowers'. Second, you used the words 'philosophy' and 'Redknapp' in the same sentence.

ajsr1982
Can United's Defence Handle Ulloa?

Footer 365

Premier League: Arsenal win 3-0 at Aston Villa to end the hosts' unbeaten start

Aston Villa’s unbeaten start to the season was ended by a devastating goal blitz as Arsenal enjoyed a 3-0 away win.

Premier League: Newcastle draw with Hull City as Papiss Cisse scores two

Substitute Papiss Cisse saved the day for Newcastle and under-fire manager Alan Pardew in their 2-2 draw with Hull City.

Premier League: Victor Wanyama earns Southampton 1-0 win at Swansea

Victor Wanyama broke the resistance of 10-man Swansea as Southampton left the Liberty Stadium with a 1-0 win.

Mail Box

Be Careful What You Wish For, Gooners

That's the message from a Man United fan in the mailbox. Plus, thoughts on Paul Lambert's new contract, the Alan Pardew dilemma at Newcastle and lots more...

No, Wenger IS To Blame For Failure...

The backlash to the backlash to the backlash sees Arsene Wenger getting a good kicking while we also have mails on Chelsea, Newcastle, Everton and lots more...

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