Pars United, the supporters' group which is to assume control of Dunfermline Athletic, has delivered another grave warning about the financial health of the club, claiming that it requires a further £150,000 to survive until the end of the season.
Pars United successfully pursued a company voluntary arrangement with creditors at the end of July, but its survival remains at risk. Both the Fife club and its stadium are still under the control of administrators BDO and KPMG respectively, but the fans group - which initially raised over £500,000 - are hopeful of resolving any remaining issues over the transfer of ownership before the end of September.
"The club is still in a very distressed state," said Bob Garmory, the group's figurehead. "It will take the rest of the current season to get a full and robust handle on all the day-to-day matters and to start to run the club both efficiently and, importantly, at a level appropriate to the level we're competing at. Every week we seem to be finding further issues to resolve.
"The way the club was run in the past was simply unsustainable and given what we now see within the inner workings of the club, it was inevitable that we all found ourselves in the situation that we've all had to pull together in the last few months to save our club."
Margaret Ross, a prominent member of the Pars Supporters' Trust and Pars United, has acknowledged that it is only now that they learning the full extent of the club's financial problems. "We simply must increase our revenue and income generation," she said. "Looking at this source of income over recent years is extremely worrying. We fully appreciate that many supporters will be feeling a little weary with the need for further fund raising efforts, but it is absolutely crucial."
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