Dunfermline Athletic fans have welcomed the news that they have been named as the preferred bidder to buy their club and its ground. Pars United, who were formed to represent supporters efforts to purchase Dunfermline Athletic Football Club (DAFC), received confirmation from DAFC Limited’s administrators BDO and East End Park Limited’s administrators KPMG.
Dunfermline Athletic fans have welcomed the news that they have been named as the preferred bidder to buy their club and its ground. Pars United, who were formed to represent supporters efforts to purchase Dunfermline Athletic Football Club (DAFC), received confirmation from DAFC Limited’s administrators BDO and East End Park Limited’s administrators KPMG.
Bob Garmory from Pars United said: ‘Pars United welcome the tremendous news that its bids for DAFC and East End Park have received ’Preferred Bidder’ status. It cannot be understated what a monumental effort the Pars fans have undertaken to get to this stage.’
‘Financial backing for the club has been relentless since we were placed in administration; in the first instance to ensure that the club didn’t fall immediately into liquidation, then to provide vital income to ensure that the club continued to trade and complete last season and, now, continuing to raise funds to ensure that if we make it over the line and become owners of the club it is in the strongest possible financial position.’
‘We are very hopeful that the forthcoming meeting of DAFC creditors will now vote in favour of the CVA (Company Voluntary Arrangement) which will be put to them very shortly. This will allow Dunfermline Athletic to begin a re-building process under a wide spread of supporter ownership.’