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

Upgrade in minutes or watch with a NOW TV Day Pass.

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.

TEAMtalk Facebook Fan Page

The TEAMtalk fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

I

think that puts all doubts over Benteke's quality to bed. Can he do it after receiving the ball to feet, in the box, totally unmarked, on a warm, sunny afternoon in Swindon? Oh yes he can! This year is definitely Liverpool's year. YNWA.

rationalmanc
WATCH: Benteke's debut screamer

A

ll very well selling all midfield and strikers but unless we bring anyone in that is better than what we had then it will be a terrible transfer window in my view. Sorted out the defense but our midfield and striker options look very light.

bigo
Spurs Halfway To The Perfect Summer

L

ove it when Jose accuses others of being defensive, cynical and playing to win. If I was Wenger, I'd get that quote laminated and framed - surely the biggest compliment he's ever received from Mourinho. You've got him riled Arsene - you're relevant again!

suarez_blind
Jose rues pitch and weather after defeat

Footer 365

Arsenal manager Arsene Wenger has 'difficult questions'

Arsenal centre-half Per Mertesacker says manager Arsene Wenger has a lot of "difficult questions" to answer.

West Ham forward Enner Valencia ruled out for up to 12 weeks

West Ham forward Enner Valencia has been ruled out for up to 12 weeks with a leg injury.

Jordy Clasie says he'd have rejected move to Man United in order to join Southampton

Jordy Clasie claims he'd have rejected Man United to sign for Southampton - saying it's "better to start lower and finish higher".

Mail Box

There's A Lot Of Anger About TV...

...and how much you have to pay - largely for games you don't actually want to watch. Many of you are forced to go illegal. We also have mails on Chelsea, Angel di Maria and...

Not Just A Friendly. This Had Meaning...

Arsenal fans are very excited about beating Chelsea (don't remind them about last year), while there is criticism for BT and a football fan tired of being screwed by TV...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company