Walking Down The Halbeath Road

[GordieBoy80]

SFA have published the Youth Cup Final details

http://www.scottishfa.co.uk/scottish_fa_news.cfm?page=1986&newsID=11734&newsCategoryID=1

[craigkillie]

Which would mean the SFA overruling the conditions of Administration then

Do you have a link to all football debt has to be paid in full?Was led to believe this is the case in England but unaware all football debt has to be paid under the no preferred creditor status in Scotland

edited to say

In a situation of insolvency, the "football creditors rule" means that debts to other clubs or players are prioritised and must be paid in full before the club is eligible to compete again in the league. The football creditors rule does not apply in Scotland.

There is no legal requirement for Dunfermline to pay their football creditors first, and they won't do so if they exit administration via a CVA. However, if they do exit admin via a CVA they will still be required by the football authorities to pay back the remaining debts to football creditors - if they don't then they would face further sanctions from the SFA or SFL.

[Rob1885]

It's a ludicrous suggestion anyway. As mentioned its pay at the gate plus you can't just print your own tickets for the game and keep the money. Why don't we just open our own turnstile and pocket the cash? That sounds like a good idea.

considering the amount of fans you'll bring, it wouldn't be worth your time

[Gaz FFC]

So what happens now?

That nice administrator said you need 5000 minimum on Saturday and you were a wee bit under.

[da_no_1]

So what happens now?

That nice administrator said you need 5000 minimum on Saturday and you were a wee bit under.

It's 2 weeks ago.....my time machine works!!

[kiddy]

So what happens now?

That nice administrator said you need 5000 minimum on Saturday and you were a wee bit under.

The nice administrator says they're struggling to make it to the seasons end, then the muck really hits the fan, with nowt coming in over the summer.

[Shandon Par]

Josh Falkingham after a few too many bridies?

[Mij]

There is no legal requirement for Dunfermline to pay their football creditors first, and they won't do so if they exit administration via a CVA. However, if they do exit admin via a CVA they will still be required by the football authorities to pay back the remaining debts to football creditors - if they don't then they would face further sanctions from the SFA or SFL.

More or less what I was alluding to Craig.Indirectly it makes football clubs/debts preferred creditors

[dafcburty]

http://sport.stv.tv/football/222456-dunfermline-will-not-own-east-end-park-stadium-after-exiting-administration/

Not really surprised, though, tbh...hopefully if/when his "empire" goes bust, then we can get EEP back from the bank as they've already stated they want it to continue to be a football stadium (this is assuming we survive, of course)

[Parscelona]

I'm bemused by the issue of a notice of complaint by the SFA for going into administration.

They made a good call in chucking us out of the Scottish Cup next season until we settle the debt due to Hamilton, yet now we could be a hit with a fine, which would be pointless considering we're not even in a position to pay the couple of grand which is owed to Accies.

[Jimmy85]

Same thing happend with the now deceased Rangers. Fifty grand fine I think.

[dafcburty]

Pars United Press Release - 23/4/13

PARS UNITED – MAPPING A CLEAR WAY AHEAD FOR DUNFERMLINE ATHLETIC FC
The fund raising strategy to save, buy and then keep the Pars

Pars United formed to create an inclusive group for all Pars Supporters, existing solely to secure Dunfermline Athletic Football Club (DAFC), in its current form, and work towards a more sustainable future. It is important that all Pars fans are united behind clear leadership and a new vision to rebuild our club. Everyone who contributes to the current and future well-being of DAFC is effectively part of Pars United: from the boardroom to the players, staff and fans; every individual, group, supporters club, benefactor, sponsor and investor. We all come together and work together under the Pars United banner.

The ultimate goal of Pars United is to purchase DAFC from administration, assuming a Creditors Voluntary Arrangement (CVA) can be reached. It is clear that this needs to take place before the end of July, to avoid further penalties or sanctions from the football authorities.

Over the last couple of weeks, Pars United has been focused on creating a new business model for DAFC, by encompassing greater community ownership and fan governance and representation for the club. A road map to achieving this is near completion, which represents ALL Pars supporters, and will be consulted upon with all of the supporters groups.

However, in the meantime it is important to provide all Pars supporters, with absolute clarity and transparency in terms of the fund raising strategy that is in place.

As stated the day Pars United formed, the very future of our football club is at stake, so the short term strategy was to firstly ensure the survival of DAFC. The club’s administrator, BDO, stated that DAFC had “run dry”, so a number of parties within Pars United agreed to contribute £100,000 to fund the cost of administration, which in itself, will provide the club with a chance of survival until the end of the season. In addition, a further sum was provided to DAFC’s subsidiary Black & White to allow the youth structure to continue to the end of this season.

SAVE THE PARS
At this moment in time, three highly experienced financial professionals within Pars United are working closely with the club’s administrator to determine the additional “working capital” that DAFC requires, so it can trade until the end of July.

Currently, all of the immediate fund-raising activities such as bucket collections and attracting more fans to East End Park for the remaining home games are coordinated under “Save The Pars”. All cash donations at this time are going directly to DAFC and its employees until such time as the cash requirements to ensure survival until end of July has not only been confirmed, but then reached.

Once that figure has been raised, Pars United will then wholly focus its fund raising activities towards the next phase of their strategy which is to “Buy The Pars” from the administrator at the end of July, which we need all Pars fans across the globe to get behind.

In terms of communication, Pars United will continue to engage with supporters via social media such as facebook www.facebook.com/parsunited and twitter @ParsUnited. In addition, messages will be posted on the fans forums where relevant, and during the “Save The Pars” phase the club’s official website www.dafc.co.uk will be used by Pars United, as agreed by the club’s administrator, in order to communicate any messages to supporters, as the money raised will be going directly to the club to ensure its survival to end of July.

BUY THE PARS
As stated above, following “Save The Pars” the next phase of the Pars United strategy will be to “Buy The Pars” from the administrator at the end of July.

It is important for supporters to be aware that from that point on, no more fund raising will be undertaken by Pars United for the benefit of DAFC, all funds generated will be for the purpose to “Buy The Pars”. The anticipated target that the world wide Pars Family requires to raise before the end of July is in the region of £500,000. All capital raised will be held in secure trust accounts, to allow the money to be repaid if a CVA is not successful.

Fuller details will be released shortly, but taking into account the timescales the Pars United Strategy Group has set a target of £400,000 for Pars Patrons and £100,000 for Pars Supporters

A new “Buy The Pars” website is nearly complete, which will be operated by The Pars Supporters Trust, taking into account their “trust” status under FCA Rules. This will also provide full information on the fan ownership structure and include secure payment facilities to allow supporters to make their donations.

During this phase Pars United will continue to engage with supporters via social media such as facebook www.facebook.com/parsunited and twitter @ParsUnited and messages will be posted on the fans forums where relevant.

KEEP THE PARS
Assuming the wider Pars family, which is Pars United, are successful in buying the Pars, the strategy will then move into its next phase which is “Keep The Pars”.

It will be necessary for ongoing fund raising activities to be organised to continue to assist the club moving forward, and Pars United will be an inclusive and significant Pars fans brand, which individual or groups of supporters, and supporters organisations can utilise.

EAST END PARK
The club’s administrator is aware that the strategy of Pars United involves East End Park being reunited with the football club. Pars United understands from speaking to a good number of supporters that they would like absolute clarity on this matter, as soon as possible. However this is a highly complicated and delicate matter at present, and the issues of ownership and rental will take time to resolve but it is important to reassure supporters that work is currently being carried out to ensure a positive outcome for Dunfermline Athletic Football Club.

Together, we can rebuild the reputation of the Pars and regain a position of prominence in Scottish football. Pars United would like to thank the many Pars fans and the local community who have already offered their support and good wishes in these difficult days. It is very much appreciated.

[Munter]

Together, we can rebuild the reputation of the Pars and regain a position of prominence in Scottish football.

Reputation? Prominence? Who are you kidding? ;-)

[Rovers_Lad]

rebuilding bridges with the 50+ creditors,local small businesses will take a bit of doing

Edited April 23, 2013 by Rovers_Lad

[parsforlife]

rebuilding bridges with the 50+ creditors,local small businesses will take a bit of doing

It sure will, we don't really have an option though. The mistakes have been made, masterton has behaved in a despicable manner and the money has gone. For us as pars fans this is where we find ourselves, we need to fight to keep what's left, after that the struggle to regain trust will continue, I welcome it, because it means there will be a pars , and thats what we all want.

[ribzanelli]

Decent enough statement but I wish all these financially hopeless clubs wouldn't sign of with a line about 'getting back to where we belong'. No doubt they will but it is a real kick in the teeth for those about to lose out.

[DA Baracus]

Decent enough statement but I wish all these financially hopeless clubs wouldn't sign of with a line about 'getting back to where we belong'. No doubt they will but it is a real kick in the teeth for those about to lose out.

I don't like that line either. No club 'belongs' in the top league or indeed in any league; you get where you are by merit or lack of.

[Shandon Par]

I think that's the first time we've seen even rough figures about the kind of money we might need to stump up to see the club change hands. £100k as a figure for supporters to raise doesn't seem too hellish. £400k from "Pars Patrons" again shows that at least there are still a few folk willing to stick big money into the club if it's not vanishing into a black hole.

Hopefully new owners could come up with something to at least extend an olive branch to firms left out of pocket, be it free advertising space or using them as contractors going forward. The administrator also seems to be hopeful of Accies' debt being wiped by some money due from the SFA with him making up the shortfall.

[Rovers_Lad]

It sure will, we don't really have an option though. The mistakes have been made, masterton has behaved in a despicable manner and the money has gone. For us as pars fans this is where we find ourselves, we need to fight to keep what's left, after that the struggle to regain trust will continue, I welcome it, because it means there will be a pars , and thats what we all want.

fair comment

the reason behind my comment is our club struggled and still are struggling to build bridges with local/small businesses from many years ago and we weren`t in admin

[CallumH]

Pars United Press Release - 23/4/13

PARS UNITED – MAPPING A CLEAR WAY AHEAD FOR DUNFERMLINE ATHLETIC FC

The fund raising strategy to save, buy and then keep the Pars

Pars United formed to create an inclusive group for all Pars Supporters, existing solely to secure Dunfermline Athletic Football Club (DAFC), in its current form, and work towards a more sustainable future. It is important that all Pars fans are united behind clear leadership and a new vision to rebuild our club. Everyone who contributes to the current and future well-being of DAFC is effectively part of Pars United: from the boardroom to the players, staff and fans; every individual, group, supporters club, benefactor, sponsor and investor. We all come together and work together under the Pars United banner.

The ultimate goal of Pars United is to purchase DAFC from administration, assuming a Creditors Voluntary Arrangement (CVA) can be reached. It is clear that this needs to take place before the end of July, to avoid further penalties or sanctions from the football authorities.

Over the last couple of weeks, Pars United has been focused on creating a new business model for DAFC, by encompassing greater community ownership and fan governance and representation for the club. A road map to achieving this is near completion, which represents ALL Pars supporters, and will be consulted upon with all of the supporters groups.

However, in the meantime it is important to provide all Pars supporters, with absolute clarity and transparency in terms of the fund raising strategy that is in place.

As stated the day Pars United formed, the very future of our football club is at stake, so the short term strategy was to firstly ensure the survival of DAFC. The club’s administrator, BDO, stated that DAFC had “run dry”, so a number of parties within Pars United agreed to contribute £100,000 to fund the cost of administration, which in itself, will provide the club with a chance of survival until the end of the season. In addition, a further sum was provided to DAFC’s subsidiary Black & White to allow the youth structure to continue to the end of this season.

SAVE THE PARS

At this moment in time, three highly experienced financial professionals within Pars United are working closely with the club’s administrator to determine the additional “working capital” that DAFC requires, so it can trade until the end of July.

Currently, all of the immediate fund-raising activities such as bucket collections and attracting more fans to East End Park for the remaining home games are coordinated under “Save The Pars”. All cash donations at this time are going directly to DAFC and its employees until such time as the cash requirements to ensure survival until end of July has not only been confirmed, but then reached.

Once that figure has been raised, Pars United will then wholly focus its fund raising activities towards the next phase of their strategy which is to “Buy The Pars” from the administrator at the end of July, which we need all Pars fans across the globe to get behind.

In terms of communication, Pars United will continue to engage with supporters via social media such as facebook www.facebook.com/parsunited and twitter @ParsUnited. In addition, messages will be posted on the fans forums where relevant, and during the “Save The Pars” phase the club’s official website www.dafc.co.uk will be used by Pars United, as agreed by the club’s administrator, in order to communicate any messages to supporters, as the money raised will be going directly to the club to ensure its survival to end of July.

BUY THE PARS

As stated above, following “Save The Pars” the next phase of the Pars United strategy will be to “Buy The Pars” from the administrator at the end of July.

It is important for supporters to be aware that from that point on, no more fund raising will be undertaken by Pars United for the benefit of DAFC, all funds generated will be for the purpose to “Buy The Pars”. The anticipated target that the world wide Pars Family requires to raise before the end of July is in the region of £500,000. All capital raised will be held in secure trust accounts, to allow the money to be repaid if a CVA is not successful.

Fuller details will be released shortly, but taking into account the timescales the Pars United Strategy Group has set a target of £400,000 for Pars Patrons and £100,000 for Pars Supporters

A new “Buy The Pars” website is nearly complete, which will be operated by The Pars Supporters Trust, taking into account their “trust” status under FCA Rules. This will also provide full information on the fan ownership structure and include secure payment facilities to allow supporters to make their donations.

During this phase Pars United will continue to engage with supporters via social media such as facebook www.facebook.com/parsunited and twitter @ParsUnited and messages will be posted on the fans forums where relevant.

KEEP THE PARS

Assuming the wider Pars family, which is Pars United, are successful in buying the Pars, the strategy will then move into its next phase which is “Keep The Pars”.

It will be necessary for ongoing fund raising activities to be organised to continue to assist the club moving forward, and Pars United will be an inclusive and significant Pars fans brand, which individual or groups of supporters, and supporters organisations can utilise.

EAST END PARK

The club’s administrator is aware that the strategy of Pars United involves East End Park being reunited with the football club. Pars United understands from speaking to a good number of supporters that they would like absolute clarity on this matter, as soon as possible. However this is a highly complicated and delicate matter at present, and the issues of ownership and rental will take time to resolve but it is important to reassure supporters that work is currently being carried out to ensure a positive outcome for Dunfermline Athletic Football Club.

Together, we can rebuild the reputation of the Pars and regain a position of prominence in Scottish football. Pars United would like to thank the many Pars fans and the local community who have already offered their support and good wishes in these difficult days. It is very much appreciated.

This is from a Rovers supporter. Have a number of issues with the statement but it is not the time to get ocd about the rallying call.

Fair play two major breaks with Scottish Football Traditio and from the Pars fans have been used two over the years;

1. Communication and to a large degree transparency.

2. A clear vision.

Well done, hope you pull through.

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