BusinessBusiness RecoveryDundee forced to sack 15 players

Dundee forced to sack 15 players

Administrators at Dundee Football Club have sacked 25 players and staff, including many of the club's biggest stars, in an effort to reduce its massive debt burden.

Link: E&Y administrators to run Dundee FC

Among those who have had their contracts terminated are high-earners Fabrizio Ravanelli, Craig Burley, Fabian Caballero and Georgi Nemsadze.

Dundee was forced into administration yesterday, with Tom Burton and Fiona Taylor of Ernst & Young appointed as joint administrators to run the club.

He said: ‘Our priority is to move the club as quickly as possible towards the position where it can survive as a going concern.

‘We have taken the first step towards this end by ensuring that Dundee Football Club has sufficient playing staff to fulfil its commitments whilst taking action to significantly reduce the cost to the club.

‘The effect of reducing the numbers of full-time staff by a third has served to reduce the club’s wage bill by 45%.’

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