Premiership Rugby, StubHub Partner Canterbury Gets OK For $93M Projects Liverpool Signs Terms For Anfield Project Jockey Club Announces Record Profit Rugby CEO: Champions Cup Worth Wait Arsenal Launches YouTube Channel Formula E HQ To Be Finished In May Hearts Closer To Exiting Administration Franchise Notes Liverpool Commemorates Hillsborough
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/March 26, 2013/Franchises
Scottish First Division Dunfermline Owner To Announce Club's Fate Tuesday
Published March 26, 2013
KEEPING THE FAITH: In Edinburgh, Iain Collin reported Dunfermline Chair John Yorkston insisted the club’s beleaguered board "had not given up hope." Liquidation has "always appeared the most likely scenario" if the HMRC liability could not be settled, but the possibility of voluntary administration "has also now been tabled as the Fifers’ board desperately try to cling to survival." And Yorkston insisted that "everything was under consideration by Masterton." Yorkston said: "We are not giving up, and we’ll hold more meetings on Monday. We’ve got to look at everything. The worst option for the club is liquidation. None of the folk I know want that, certainly none of the people that I’ve been involved in the talks with. Administration is also an option, but at the moment so is somebody else coming in at the 11th hour" (SCOTSMAN, 3/25).
OFFERING SUPPORT: In London, Brian Marjoribanks reported Dunfermline goalkeeper Paul Gallacher "accused the game’s governing bodies of standing back and allowing the 128-year-old club to wither and die." Gallacher, who lives in Dunfermline, said that "he has witnessed first-hand the heartache being suffered by Dunfermline fans at the imminent collapse of their local team." He admits to "having been stunned by what he perceives as a lack of help" from the Scottish Football League and Scottish FA for a club clearly "dying on its knees." Gallacher said, "Should the governing bodies be helping this club survive? They've not done a thing yet, have they? Nobody has helped at all. The league won’t help. It seems there are no (rules) in place for them to do anything for us, so it’s been left to us to try and turn this sorry sight around" (DAILY MAIL, 3/24).