BusinessBusiness RecoveryDundee FC administrator appeals for £370,000

Dundee FC administrator appeals for £370,000

Dundee FC administrator Bryan Jackson is appealing for £370,000 to keep the club afloat until Christmas

DUNDEE FC administrator Bryan Jackson said the club needs a further £370,000 to survive until Christmas.

Jackson, a partner at PKF, said supporters have so far generated £130,000 from events such as a cabaret night in aid of the club.

However, this currently leaves the club short by more than £300,000. A business trust is likely to match the supporters’ funds which could mean fans having to reach a smaller target of £120,000.

Jackson was appointed in mid October when he said the club needed at least £500,000 if the club was to survive until the festive season.

Jackson said: “The response of the fans, the community, and the city of Dundee has been unbelievable over the last month and they should be justly proud of what they have achieved in such a short time.

“My only concern is that the clock is still ticking and I want to encourage everyone to maintain their fund raising activities over the next month.”

The administrator confirmed that he is continuing to work on an appeal against the 25 point deduction suffered by Dundee, handed down by the Scottish Premier League.

 

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