Sinking Gretna Lay Off Last 40 Employees

The ScotsmanMay 20, 2008

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Summary


ALTHOUGH hopes linger that a Lazarus act could yet transpire, to all intents and purposes Gretna Football Club ceased to exist yesterday.

Administrators addressed the remaining 40 staff members of the financially stricken club at a local hotel yesterday and imparted the grim news that Saturday's deadline had passed without a satisfactory takeover deal being put together and, as a result, they were all being made redundant with immediate effect.

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Extract


Sinking Gretna Lay Off Last 40 Employees

However, as has consistently been the case since the club filed for administration on 10 March, there remains a reluctance to bring the matter to complete closure. With no move for formal liquidation yet while the admin...

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