Friday May 09 2008 09:07
Administrators of Gretna have confirmed the crisis-club will close at the end of the season if a buyer is not found.
The Black & Whites were placed into administration in March with estimated debts of over £3million after financial backer Brooks Mileson withdrew his support.
Gretna have struggled on since then, but David Elliot of administrators Wilson Field Ltd has confirmed they will fold if no new buyer is found before a May 17 deadline.
"The proposal is that we continue to trade and allow the club to continue to play football until the end of the season while we seek a buyer," he said.
"We have got four interested parties and I would like to remain hopeful that one will come through before the end of the season.
"At that point, to be quite frank with you, we stop."
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