The planned takeover of Dumbarton Football Club has fallen through after the prospective buyer, Gareth Phillips, withdrew his offer due to ill health.
Dumbarton Football Club
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The joint administrators of Dumbarton Football Club Limited have confirmed that they have agreed heads of terms with Gareth Phillips on a proposal that would see the club exit administration solvently and with all creditors paid in full.
Ian Wright and Craig Morrison, managing directors at business advisory firm Quantuma, have been appointed as joint administrators of The Dumbarton Football Club Limited. They were appointed yesterday (18 November 2024).