Printer Friendly

Football: Ballantyne: Bankies bid still going ahead.


AIRDRIE UNITED chief Jim Ballantyne remained confident last night that his plan to buy out Clydebank would go ahead.

The deal to take over the crisis club looked done and dusted until it emerged on Thursday that Bankies general manager Mick Oliver had raised the pounds 160,000 required to keep Clydebank alive.

Administrator Bryan Jackson of PKF told Sports Record that if he received that sum by close of business on Monday, Oliver's consortium would have an excellent chance of saving the club.

And that would mean Airdrie United being left out in the cold only days after they seemed to have won a place in the Second Division.

However, Ballantyne said: "I'm still confident of success. If I wasn't then I wouldn't be doing all this.

"As far as I'm concerned, the other party would only get a seat at the table if they can deposit the pounds 160,000 with the administrators before the deadline.

"It would not mean they would be able to buy the club.

"There are legal complexities about the deal and this is something we expected."

Jackson indicated Oliver had an excellent chance of winning the fight for Clydebank and therefore keeping the club's name.

Ballantyne said: "I can't comment on what Bryan Jackson might or might not have said. Let's wait and see what happens on Monday."
COPYRIGHT 2002 Scottish Daily Record & Sunday
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Sport
Publication:Daily Record (Glasgow, Scotland)
Date:Jul 6, 2002
Previous Article:Football: MY BAIRNS WILL GROW UP TO BE A TOP TEN TEAM; McCall promises return to glory.
Next Article:GOLF: O'Connor lives up to the hype.

Related Articles
Football: Bankies may stop hankies.
Football: AIRDRIE BID LEAVES BANKIES ON BRINK; Eight to rule on United takeover.
Bankies out but Airdrie in.
Football: UNITED WE STAND..; Airdrie back from dead to take place of sad Bankies.
Football: End of road for Bankies.
Football: Bankies bidders wait for verdict.
Football: BACK FROM THE DEAD; Airdrie takeover dooms Bankies.
Football: Lumps in the throat for bust Bankies.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |