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Fans Plan To Bid For Pars

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17 Jun 2013 19:10:05

Fans Plan To Bid For Pars

Important date tomorrow for Dunfermline fans as they hope to be able to make progress on plans to buy their club

Dunfermline fans group, Pars United will formally submit a bid tomorrow to buy the club and their home ground, East End Park. Last week administrator Bryan Jackson, of accountancy firm BDO, set a deadline of 19 June for final offers for the club. The fans group are confident a Creditors Voluntary Arrangement can be put in place with Jackson which will save the club.Bob Garmory from Pars United, who is leading the BuyThePars initiative, said: "Tuesday will be an important day in the history of Dunfermline Athletic as its supporters and community make a formal bid to buy their club and stadium from the Administrator, and will signal the latest step in rebuilding this famous club. BuyThePars has made some fantastic progress so far and have raised significant amounts but we're still working hard to achieve our goal. Pars United will submit an offer for our club but it is critical for our fans and those in the community to continue to back the 'BuyThePars' campaign to make sure we are in the strongest possible position to achieve our goal."Dunfermline have been in  administration since March as they tried to stave off a winding-up order on behalf of Her Majesty's Revenue and Customs. Dunfermline owe the £134,000 in tax and have further debts worth around £8.5million outstanding to majority shareholder Gavin Masterton and other companies. Jackson plans to meet with the club's creditors after Tuesday's deadline to discuss a CVA which could offer as little as a penny in the pound.

Source: ScottishFitba


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