Europe South Asia Asia Pacific Americas Middle East Africa BBC Homepage World Service Education
BBC Homepagelow graphics version | feedback | help
BBC News Online
 You are in: UK: Scotland
Front Page 
Northern Ireland 
UK Politics 
Talking Point 
In Depth 
Wednesday, 2 February, 2000, 15:52 GMT
Hope remains for struggling Airdrie

Airdrie FC "Business as usual" at Airdrie's ground

Provisional liquidators called in to Scottish First Division strugglers Airdrie have expressed hope that the club can be saved.

They have voiced confidence that a backroom shake-up would allow new investment to come into the club.

The Diamonds have called an extraordinary general meeting to discuss a change of constitution which could ensure its survival.

Up until now, no Airdrie shareholder has been allowed to own more than 10% of the shares - a matter which has been scheduled for discussion at Monday's meeting.

Liquidator Blair Nimmo Liquidator Blair Nimmo:
Blair Nimmo, head of KPMG Corporate Recovery in Scotland, has been appointed as the club's provisional liquidator and expressed optimism for the future.

He said: "While the liquidation is a serious matter for the club, I would like to stress our focus will be on creating a firm foundation for the future development of Airdrie FC.

"The club has first class facilities and is an important institution within Scottish football - it just needs new investment.

"Hopefully a new constitution will be the catalyst which enables the introduction of new investors with the funds, and the ideas, to take the club forward."

'Business as usual'

In the meantime, Mr Nimmo said it would be "business as usual" at the Lanarkshire club, currently lying at second bottom in the First Division.

Airdrie's problems worsened when it was revealed that Rangers had arrested the club's share of the gate receipts for Sunday's Scottish Cup tie at Dundee United.

Airdrie v Rangers Airdrie's finances have been tackled by David Murray
Ibrox chairman David Murray applied for an interdict, on behalf of his company Carnegie, for a debt of around 30,000 owed by Airdrie.

Mr Murray said: "I feel very sorry for Airdrie and their supporters but we're running a business. We have given them repeated warnings and felt they were playing on our good nature."

The Scottish Football Association described the move as "a private matter between the clubs" and made clear there had been no contact with either party.

Airdrie were at the centre of recent takeover speculation amid reports that Motherwell chairman John Boyle wanted to acquire the Diamonds and create a bigger Lanarkshire club.

Search BBC News Online

Advanced search options
Launch console

See also:
19 Jan 00 |  Scottish Premier
Clubs play down merger speculation
19 Jan 00 |  Scottish Premier
Motherwell chief poised for Airdrie swoop

Internet links:

The BBC is not responsible for the content of external internet sites
Links to other Scotland stories are at the foot of the page.

E-mail this story to a friend

Links to more Scotland stories