Administration News
Posted in Dumbarton FC at 12:00 on 16 April 2025
Dumbarton FC’s administrators have given an update on the status of the process.
It seems they have identified a preferred bidder.
This is not quite the good news it may appear as in effect if this goes ahead the club would still be under the ownership of the same company which was in charge when it went into admin – a company moreover not interested in being in charge of a football club but only in the land on which the ground sits as a site for house building. (The fact that the land is not actually suitable for building houses on being neither here nor there apparently.)
And what is to prevent Pendragon Group from further running down the club after the administrators hand it back?
Since the creditors are to be paid in full the administrators will have done their duty to see the best deal for them but a settlement like this is not in the best interests of the club for the future.
Tags: Dumbarton FC
