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SBD Global/March 28, 2013/Franchises

Scottish First Division Club Dunfermline Granted Administration Order

Scottish First Division club Dunfermline has been "granted an interim order" to place the club into administration, according to the SCOTSMAN. Lord Hodge granted the order at the Court of Session Wednesday afternoon, and will sit again on April 11 to decide on "whether to grant full administration to the troubled club." The judge was told by Dunfermline’s legal team that majority shareholder Gavin Masterton is "willing to sell his stake in the club, and that a buyer is waiting." U.K. tax authority HMRC did not lodge a winding-up order at court, "as had been feared." Dunfermline’s fixture at home to Falkirk Wednesday night went ahead as scheduled (SCOTSMAN, 3/27).
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