Dunfermline Placed in Administration
By iSportconnect | March 27, 2013
Dunfermline Athletic has been placed into interim administration until 11 April when a decision will be made whether or not to grant them full administration.
Lord Hodge granted the order at the Court of Session on Wednesday, cheap sale after the club had pushed for the outcome in order to avoid liquidation.
Administrator Bryan Jackson of PKF will now take over the running of the club.
He said: “Clearly there is a considerable task involved in trying to save Dunfermline Athletic.
“Unfortunately there will be a number of redundancies which will be announced in the next few days.
“The interim management process will allow the club to operate without immediate fear of closure but I cannot stress the need for the continued support of the fans, players, and staff in this process.”
Current owner Gavin Masterton told the official website: “Despite my concerns regarding events over the past six months the ultimate responsibility stops with myself.
“The Board has been actively pursuing a strategy over this period of time to secure the clubs future without involving an insolvency event.
“We have been unsuccessful in our turnaround efforts but we will continue to do everything possible to allow the club to regroup and re-emerge as a strong entity with a long term future.”
The Pars have a derby game against Falkirk on Wednesday evening which is set to go ahead as planned.