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Stirling takeover bid collapses

Published: 19 Mar 2010 - 00:11:55

Sports surgeon Gordon Mackay's takeover bid for Stirling Albion has collapsed because the Second Division club were taken to court in February.Stirling Council took action after the club failed to pay almost £100,000 in rent and rates arrears, leading Mackay to walk away from the deal. "My financial team have studied the Stirling Albion accounts, assisted by the club's own accountants," he said. "And it is frustrating that we are not in a position to move forward." Professor Mackay, who wa.... read more

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