Cherries look to Krasner

Former Leeds United chairman Gerald Krasner has been appointed as Bournemouth's administrator.

The Cherries confirmed on Friday that they had gone in to administration after being served with a winding-up petition by HM Revenue & Custom earlier this week.

Krasner is a licensed insolvency practitioner and director of Bartfields, which was acquired by business recovery specialist Begbies Traynor in November 2007.

Begbies Traynor's Julie Palmer, who is based in Salisbury, will act as the local link between the League One club and Krasner.

Bournemouth, who have amassed debts believed to total around £4million, have been docked ten points and are now at the foot of the League One table.

Have your say on this article

• 
  Butler commits to Swans
  Friday May 09 2008 12:07

  Former Hartlepool United midfielder Thomas Butler...

• 
  Mayo leads Seagulls exits
  Friday May 09 2008 07:14

  Brighton & Hove Albion have released ten...

• 
  Adams returns to Albion
  Friday May 09 2008 07:14

  Brighton & Hove Albion have made a surprise...

• 
  Calderwood bags boss gong
  Friday May 09 2008 07:12

  Nottingham Forest boss Colin Calderwood has won...

• 
  Melligan facing O's fight
  Thursday May 08 2008 17:26

  Leyton Orient boss Martin Ling has challenged JJ...

• 
  Relegated Cherries axe trio
  Tuesday May 06 2008 14:57

  Bournemouth have reacted to their relegation to...

• 
  Drop hard to take for Bond
  Sunday May 04 2008 15:02

  Bournemouth manager Kevin Bond admitted after...

• 
  Cherries saved in short-term
  Tuesday Apr 29 2008 14:57

  Bournemouth administrator Gerald Krasner has...

• 
  Bond is right on the Money
  Tuesday Apr 22 2008 07:17

  Bournemouth manager Kevin Bond has earned high...

• 
  Cherries deal falls through
  Tuesday Apr 15 2008 07:18

  Bournemouth administrator Gerald Krasner has...