Dunfermline Athletic

Steering Group Update

Saturday, 16th Mar 2013

16/03/13: Met this morning and had a positive discussion regarding the future of the football club.

East End Park

The Dunfermline Athletic Steering Group met this morning and had a positive discussion regarding the future of the football club.

It is obvious to all parties that we need to act quickly to ensure the club's survival. To this end, the Steering Group would like to confirm that a number of Dunfermline fans have expressed an interest in making substantial investments in the Club.

We can also confirm that the future ownership of the football club will be as per the proposal agreed with the Club on Wednesday 13th March, which is a supporter led model and there will be no shares held by the Masterton family in the Club.

The current board are sufficiently comfortable with the proposals put forward by the Steering Group to allow due diligence to commence on Monday 18th March. Dependant on the outcome of this due diligence, the investment strategy will be concluded as quickly as possible.

This could be the last realistic chance to save our club. Whilst we have that opportunity, we would ask ALL Dunfermline Athletic fans who can attend to come along to the next two home matches on 23rd and 27th March.  Further opportunities to provide financial assistance to the football club will be detailed in the coming days.

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