Gretna to fold

[Beefy]

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.

[Rufc89]

i hope they dont fold, hate to see this thing happen, as we have nearly gone bust as well. 4m? how can they be that much in debt.

it all went wrong when their chairman, who is from rotherham, got ill and had to go into hospitial.

[btrev1]

i wish them well .but is is not looking likely they will survive

[RedRedRobinSTFC]

Gretna's problem is that they come from a mainly rural area in Southern Scotland. No big population catchment area for a decent fan base. Plus Carlisle are not too far down the road. I would say it's more likely that they'll go out of business.