Mar 13 2008
Gretna On The Brink of Closure
Gretna, who have stormed up the Scottish Leagues could be facing closure after being in a terrible financial crisis. Gretna stormed up the Scottish leagues due to their funding from businessman Brooks Mileson but he has recently became very ill and his funding to Gretna has been cut off and now the club face peril. Only ten players have apparently agreed to play on Saturday which means Gretna could face further fines and penalties and they could easily lose any number of their players as all of them have not been paid recently which is in breach of their contract agreements. Gretna have already faced a ten point deduction because of their administration and they are looking for funds to get them though to the end of the season. Yesterday, Gretna administrator David Elliot revealed that the club owed £350,000 to the inland revenue and they also have a further debt of around £900,00. It was reported that they had to raise £30,000 by midday today or face closure but so far they have not been closed but I feel it will happen very soon as this situation is not getting any easier for the club. This may end up being the second time Gretna have lost their football team after Gretna Green FC became bankrupt in the 1920s.
I really liked Gretna and enjoyed watching them fly up the leagues but that success has proved to be their downfall and as their former manager, Dave Irons, said earlier in the week, it has all happened far too quickly for the club. Things really have gotten out of control.
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