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Last Updated: Friday, 6 June, 2003, 09:27 GMT 10:27 UK
Wimbledon call in administrators
Fans display a banner during Wimbledon's final game at Selhurst Park last month
Wimbledon's move to Milton Keynes alienated fans
Wimbledon's financial troubles have led to the club being placed in administration.

Administrators Grant Thornton announced in a statement on Friday that it is working with the existing management to achieve the club's survival.

Wimbledon's losses had been on the increase following chairman Charles Koppel's controversial decision to relocate to Milton Keynes.

"This is yet another example of the intrinsic problems facing many football clubs," said Grant Thornton partner Nick Wood.

WIMBLEDON'S PLANS
To solve their problems, the Dons will have to make their Milton Keynes move work
After 12 years at the 26,400-capacity Selhurst Park, they will start next season at the National Hockey Stadium
The long-term plan is for a 28,000-seater stadium in Denbigh for June 2007

"Wimbledon's problems have been well documented and like so many clubs the short-term cashflow has become critical.

"Whilst not welcomed by many, it is becoming increasingly clear that a move to Milton Keynes is a key element in ensuring that the club has the facilities commensurate with its ambitions."

Wimbledon alienated a large part of their fanbase when they announced their intention to move from their temporary home at Selhurst Park to Milton Keynes.

It led to a boycott of the club's matches, with attendances sometimes falling to less than 2,000 as fans switched allegiance to the newly-formed amateur side AFC Wimbledon.

We and the directors believe we will in due course see a successful outcome
Administrator Andy Hosking

Stuart Murdoch's side still managed to finish 10th in Division One, nine points off the play-offs.

The club was given the go-ahead to relocate to Milton Keynes by an independent Football Association commission in May last year.

And final approval from the Football League for a temporary move to the town's National Hockey Stadium was granted in April.

"Over 60% of the club's current season-ticket capacity has been sold and these funds are secure and unaffected by this administration," said Grant Thornton partner Andy Hosking.

"We and the directors believe, with the enthusiasm shown in Milton Keynes and the dedicated efforts of the club's staff, we will in due course see a successful outcome."





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