Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Sport | Entertainment | Talking Point | High Graphics | AudioVideo | Feedback | Help | Noticias | Newyddion | High Graphics | BBC SPORT>>
Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Entertainment | Talking Point | AudioVideo |
UK Contents: England | Northern Ireland | Scotland | Wales |

BBC News Online: UK: Scotland


Monday, 8 May, 2000, 16:32 GMT 17:32 UK

Anxious times for Airdrie and Clydebank


Team
The future of two senior Scottish football clubs is in the balance as they wait for bids to come in from potential buyers.

First division Airdrie's fate could be made clearer sooner rather than later as the deadline for bids to bail out the club has passed.

Offers for the cash-strapped club had to be submitted to liquidators KPMG by 1700BST on Monday, with former Scotland and Barcelona striker Steve Archibald known to have lodged a third bid.

Clydebank advert

Meanwhile, Clydebank, who have just been relegated to the second division, are advertised for sale in a national Scottish newspaper for the sum of £250,000.

The search for a buyer for Airdrie has been on-going now for some months.

Archibald's interest has attracted most of the headlines with two unsuccessful bids in recent weeks.

KPMG has denied reports that Mr Archibald has managed to secure a deal in advance of the official deadline for offers.

Save the Diamonds, a group of fans who have been fundraising to keep the club going, said they would put their weight behind any serious bidder.

Steve Archibald

It has been an anxious time for the club since the liquidators were called in on 1 February.

Financial problems came to a head when it was revealed that the chairman of Premier League club Rangers had arrested Airdrie's share of the gate receipts for a Scottish Cup tie at Dundee United.

Constitutional change

David Murray applied for an interdict, on behalf of his company Carnegie, for a debt of around £30,000.

The football club's board moved swiftly after the liquidators were brought in and they changed their constitution to allow more private investment.

Up until now, no Airdrie shareholder has been allowed to own more than 10% of the shares.

Blair Nimmo

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.

An announcement on submitted bids is expected at lunchtime on Tuesday.

Clydebank find themselves in an equally unsettled position.

Although chairman John Hall says the club has no debts, they have no ground either, and are proposing to play next season's fixtures at Partick Thistle's Firhill stadium.

The club has been beset by financial problems for seasons now, and have come close to going out of business more than once.

The Bankies, whose support has dwindled to a hardcore of a few hundred people, have been the subject of reported moves to Dublin and Galashiels to name but two.

They also finished the season with a record low of 10 points, winning only one game in the process.


Related to this story:
Airdrie bosses agree rule change (08 Feb 00 | Scotland)
Archibald comes to Airdrie's rescue (04 Feb 00 | Scotland)
Hope remains for struggling Airdrie (02 Feb 00 | Scotland)
Clubs play down merger speculation (19 Jan 00 | Scottish Premier)
Motherwell chief poised for Airdrie swoop (19 Jan 00 | Scottish Premier)


Internet links: Airdrie FC | Scottish Football League | Airdrie in crisis - BBC Sport Online | KPMG UK |
The BBC is not responsible for the content of external internet sites
Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Sport | Entertainment | Talking Point | High Graphics | AudioVideo | Feedback | Help | Noticias | Newyddion | High Graphics | BBC SPORT>>
Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Entertainment | Talking Point | AudioVideo |
UK Contents: England | Northern Ireland | Scotland | Wales |

Back to top | BBC News Home | BBC Homepage | ©