Joint administrators Ian Wright and Craig Morrison of Quantuma have confirmed that the sale of Dumbarton Football Club to Canadian businessman Mario Lapointe has been finalised.
Dumbarton Football Club
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The planned takeover of Dumbarton Football Club has fallen through after the prospective buyer, Gareth Phillips, withdrew his offer due to ill health.
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).