One of the administrators for Dumbarton FC has provided an update on the club's future.
The Sons went into administration on November 18 last year after officials announced they were left with "no option" but to appoint Quantuma, a business advisory firm, to manage the process.
Police Scotland then confirmed on November 21 that enquiries were ongoing into a report of suspected fraud at the club on October 29.
Fans of the Scottish League One side rallied round, organising a GoFundMe, which has raised over £106,000 at the time of writing.
The money generated has helped to cover player and staff wages as well as running costs.
Craig Morrison, managing director of Quantuma, explained the club has held discussions with "a number of interested parties" about a potential takeover.
He said: "Whilst the litigation has been running in the background, we’ve also been dealing with the sales process of the club and we’ve now got over 14 parties under non-disclosure agreements where we are having detailed discussions.
“We hope to bring those to a head over the next three to four weeks with a view to identifying a preferred bidder who we will then work with towards the end of the season with a view to be in place to take the club out of administration and forward into the new season.
“It has been a difficult time on the pitch for the team and all the players, but everybody is determined to get to the end of the season and hopefully by that point, there will be better times ahead in the future.
“There is still a funding gap and there are initiatives in place to meet that and events being organised."
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Morrison also praised supporters for their backing in recent months.
He continued: "The fans are stepping up to the plate. The GoFundMe is in place and there should be plenty of funds available to get us to the end of the season if we can meet the funding from the events that have been organised.
“In addition to all of the fans who are organising fundraising initiatives, there are a huge amount of volunteers that work at the club for absolutely nothing and put in a huge amount of effort to keep the club operating and we are extremely grateful for all of the assistance we get from everybody.”
The Sons found themselves in financial trouble after funds which were owed from the sale of development land in 2021 were not received.
The most recent accounts for The Dumbarton Football Club, covering the year to May 31, 2023, show that the club was due to receive gross proceeds of £1,848,000 from the sale of land to a related party.
The club's administration led to them being deducted 15 points by the Scottish Professional Football League.
Stevie Farrell's men currently sit bottom of League One, 18 points behind Inverness Caledonian Thistle, with nine matches remaining.
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