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Last Updated: Tuesday, 20 April, 2004, 15:30 GMT 16:30 UK
'Well end administration
Motherwell's future is looking brighter
Motherwell are no longer being run by administrators
Motherwell have announced the end of two years in interim administration.

The Court of Session has approved an application from the club to discharge its administrators and resume trading as a limited company.

"We're delighted and relieved to be passing this very important milestone," said 'Well chairman Bill Dickie.

"The last two years have been very hard for everyone involved with the club but we are now looking forward, with one of the best young teams in Scotland."

Creditors recently accepted a settlement proposal after voting in favour of the administrators' offer, which will realise a dividend of 20p in the pound.

Bryan Jackson, the appointed administrator, said: "Over the last two years it has been a privilege to work with people at a club who were totally committed to ensuring the survival of the club and always had its interests at heart.

"The directors have done a remarkable job in very difficult circumstances and working together we have proved that a period of administration can be run successfully.

"The club can look to the future in a very positive frame of mind. I would also like to thank the staff, players and in particular the manager Terry Butcher for their help."

Motherwell, who have secured a top six finish in the Premier League, will now discuss new deals with the players who are out of contract at the end of the season.

"This has been an extraordinary two years," said Butcher.

"We have experienced some real highs and lows but what is beyond doubt is that the players - both young and old - have shown a tremendous attitude throughout.

"We are now seeing the benefits of their outstanding professionalism and have shown everyone that the future of Scottish football lies in the hands of clubs like us developing its own talent."






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