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

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

P

resumably, Diaby is in this team but receiving treatment

lee
The Pre-Season 'Is He Still There?' XI

A

deadwood 11 and not an arsenal player listed. Heady days.

EssexGooner
The Pre-Season 'Is He Still There?' XI

W

ithout doing any research I would have to say that Richard Wright is the singular most successful ex Ipswich Town player I know. Yes, thats what the kaleidoscopic whirlwind of highs and lows feels like supporting the Tractor Boys. In other exciting news I saw two, count them, TWO squirrels today. What a start to August.

hump3.
The Pre-Season 'Is He Still There?' XI

Footer 365

Premier League: Jordan Henderson looking to raise game for Liverpool and England

Jordan Henderson is aware that he needs to 'step up' for Liverpool and England following the departures of key men.

Premier League: Paul Lambert delighted to have Roy Keane at Aston Villa

Paul Lambert is enjoying working alongside Roy Keane, a man he sees becoming a key figure at Aston Villa.

Premier League: Joel Campbell wants Arsenal chance after latest loan link

Joel Campbell is hoping to be given a chance at Arsenal this season after spending the past three years out on loan.

Mail Box

Plenty Of Reasons Why Lukaku's Worth It

The mailbox defends Everton's enormous outlay on Romelu Lukaku, while we also have mails on Spurs and Suarez. Oh, and worrying about the new magic spray...

Sterling Stuff And Other Friendly Thoughts

We have one reader reaching conclusions from last night's friendly while we have others discussing Romelu Lukaku's move to Everton. Oh and some swearing...

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