1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
Welcome to BehindTheGoal!

We are a community of football supporters.

If you are already a registered member then you can login here

If you are new to the site then why not join up? It will only take a couple of minutes to register, by doing so all adverts will be removed from the site. You can register here or you can use your Facebook or Twitter account.

Dunfermline unveil share issue scheme

Discussion in 'Scottish League Division One' started by Creaky, Dec 16, 2012.

  1. Creaky

    Creaky Admin

    Financially-troubled Dunfermline have unveiled a share issue scheme with the aim of easing cash-flow problems. The First Division club have had issues paying wages on time twice in recent months, and struggled to pay a tax bill in November.

    The Fifers hope to raise between £300,000 and £500,000 from the scheme.

    "The proceeds will enable us to bring ourselves completely up-to-date with HMRC and regularise our position with creditors," said a club statement. "We also want it to support Jim Jefferies and his team in their drive to progress to the SPL, and to help fund other activities such as the continued improvement in the youth set up at East End Park.

    "This is also the first stage in our drive to create greater fans' involvement in the running of Dunfermline Athletic and that's why we would like, right from the start, to get fan participation in the promotion of the share issue," the statement concluded.

Share This Page