A holiday company run by the former Livingston FC chairman has gone into liquidation after being caught up in the club's financial crisis.
Mr Keane said current customers would not lose out
Strathmore Travel, which trades as Dr Holiday, called in liquidators just days after the stricken football club went into administration.
The Glasgow firm, which has 35 staff around Scotland, is chaired by former Livingston chairman Dominic Keane.
Mr Keane said no customers would lose out as a result of the liquidation.
Mr Keane has invested a significant amount of money in the travel firm's 14 outlets over the last year.
But following the financial troubles at the SPL club Mr Keane said he could no longer afford to support the company.
He said: "I regret to confirm I have requested the appointment of a
liquidator for Strathmore Travel Group, trading as Dr Holiday.
"The group's expansion in 2003 coincided with a downturn in the travel trade
internationally. I have personally invested a substantial amount of capital over
the last 12 months to support the group's operations.
"Unfortunately a change in my own personal financial position following the
events leading to the administration of Livingston Football Club prevent me from
being able to provide future additional financial support."
The West Lothian club was placed in administration earlier this week with
debts of about £10m.
Mr Keane continued: "After taking appropriate counsel from my advisers and in
protecting the primary interests of our customers and creditors the appointment
of a liquidator is the appropriate course of action to take in the circumstances."
Harry Paton of Milne Craig Corson Chartered Accountants is to take on the role
Mr Keane insisted that Dr Holiday customers would not lose out, saying: "The
travel group is fully bonded with the Association of British Travel Agents (Abta) and they have been advised of the decision.
"Under the Abta bond scheme, holiday-makers are fully protected and will not be disadvantaged in any way."