Thread: Gretna to fold
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Old 8th May 2008, 05:41 PM
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Gretna to fold

Administrators have confirmed Gretna FC will fold at the end of the season if a buyer is not found for the club.

The Scottish Premier League team went into administration in March with debts of about £4m.

After a creditors meeting in the town administrators said it had been decided to let the side continue to play its remaining fixtures.

However, if no deal can be done to take over the club by a 17 May deadline then it will go out of business.
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