Dundee's future in the balance

Published Add your comment

Football News

Dundee were given a 50% chance of survival by administrator Bryan Jackson after he made nine players and management team Gordon Chisholm and Billy Dodds redundant.

Jackson warned that the club only had enough funds to operate until Christmas and would fold unless more investment was found.

He said: "This club is facing the most difficult fight of its life. The club only has sufficient funds to last until Christmas at the latest and has debts of £2million.We must get money in before Christmas. If I had to guess, I would say there's a 50-50 chance of survival."

Jackson, of PKF, revealed the club's debt was around £2million, of which £420,000 is owed to Her Majesty's Revenue and Customs.

Barry Smith will take charge of Saturday's Irn-Bru First Division clash against Stirling, assisted by goalkeeper Rab Douglas and coach Matt Lockwood.

But Smith has just 11 permanent senior players available after Jackson was forced to make major cuts to the wage bill following his appointment on Thursday night.

Paul McHale, Eric Paton, Mickael Antoine-Curier, Colin McMenamin, Scott Fox, Dominic Shimmin, Charlie Grant, Brian Kerr and Njazi Kuqi were all instantly released from the playing staff.

Coach John Holt is also out of a job along with kitman Neil Cosgrove.

Dundee went into administration in November 2003 but Jackson warned that the current predicament would be more difficult to escape from.

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Premier League

Article Comments

Read more

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again