Depressing News
Posted in Dumbarton FC at 12:00 on 20 November 2024
Expletive deleted! Expletive deleted! Expletive deleted!
Yesterday was a sad day for Dumbarton FC. Its affairs have been put into administration.
But it’s not liquidation; so the club survives for the moment.
However administration is an expensive business and does carry with it an SPFL punishment of an immediate deduction of 15 points meaning we lose the 15 we’d gained so far this season so are now back to zero. There’s also the loss of the club’s bronze playing licence (which I think is restored some time after coming through administration) and a 5 point deduction for next season.
While the financial situation at the club has been iffy at best for a while the true problem has been the murky circumstances of the club’s majority shareholder, who has been involved in dubious activities with previous companies (and whose interest in the club lay solely in trying to make money from it by selling the land it stands on for building houses.)
It also seems that payments due to the club from another of his companies have not been made so precipitating the crisis.
It is to be hoped that the administrators can sort out the club’s problems and that said present majority shareholder will never darken its doors – or that of any other football club – again.
My thoughts are all over the place, though. This is not something I ever saw happening in the dim distant past when I became a Sons supporter.
Tags: administration, Dumbarton FC
Andrew Morrison
20 November 2024 at 16:10
Hi, I’m a student at Edinburgh Napier University. Would it be possible to get your thoughts on the club entering administration for an upcoming university assessment? Thanks.
jackdeighton
20 November 2024 at 19:13
Andrew,
Thanks for looking in. I’ll reply to this privately via your email address.