(772) FOOTBALL FINANCES – THE SAD DEMISE OF GRETNA FC
At New Year Scots Law News resolved to keep an eye on the difficulties of Gretna FC (No 723). We have previously noted that the club’s use as a metaphor by politicians has coincided with a decline in fortunes on the pitch (Nos 592, 682, and 716) and off it (No 746). As we feared at No 746, it was confirmed on 10 March 2008 that Gretna have initiated proceedings in the Court of Session to enter administration – http://news.bbc.co.uk/1/hi/scotland/south_of_scotland/7288172.stm .
The club announced
In 2003