PKF administrator to appeal Dundee FC docked points

PKF administrator to appeal Dundee FC docked points

Dundee FC administrator Bryan Jackson will appeal the Scottish Football League decision to dock the club 25 points, as it endangers a future sale

PKF corporate recovery partner said Scottish Football League (SFL) decision to dock Dundee FC 25 points, has made a difficult administration an almost impossible task.

Dundee FC administrator Bryan Jackson said the decision by the SFL to dock the football club 25 points for entering administration, is endangering its future as it is now harder to attract investors.

Jackson told BBC Scotland: “Not only will we appeal under the SFL rules but I’m now going to consider a legal appeal.”

He labelled the move as an “outrageous punishment for the club” as it would mean the group is currently on minus 11 points, 20 points behind the nearest team Morton. Jackson said he had been expecting a maximum of 15 points to be deducted.

The first division club is also banned from signing any new players until it exits administration, preferably through a Company Voluntary Arrangement, repaying creditors a percentage of debt over roughly five years.

Jackson was appointed administrator in September following a £420,000 outstanding tax bill.

The SFL board said in a statement: “Clubs have to realise that they can’t treat their Her Majesty’s Revenue and Customs tax obligations as something akin to a credit card.”

SFL said it would “reconsider the matter and deal with the club as it sees fit”, if the it was still in administration by 31 March 2011.

The management team and nine players were made redundant to streamline the club earlier this year.

 

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