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Dunfermline face up to grim reality of double tax bill

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Dunfermline are facing up to a double tax bill that must be paid or the club could be forced into administration. The East End Park side must pay HM Revenue and Customs £50,000 on the 19th November and a further £31,000 two days later.

On the tax bill, Yorkston told BBC Scotland: “We’ve been there before and got through it and intend to get through it again this time. Enough folk have said they will help that, if it all comes in, we should be fine.”

The Pars are reportedly in debt of around £8 million, although the main debtors are current board members and past directors of the club rather than the bank.

Yorkston added: “We were playing six-figure bills quarterly before, the difficulty this time being the projected income, with five or six weeks between home games. We have a famine in November but a feast in December and early January, with two derbies and a share of the Scottish Cup income from the match against Partick Thistle.

“Everybody has tax issues and we always knew this was going to be our most difficult and awkward month with only one home game, against Dumbarton.”

News of the club’s financial problems come days after it was announced that Yorkston will step down as chairman at the end of the current season after 14 years in the post, he will be succeeded by Rodney Shearer.

Yorkston will be given the title of honorary president of the club and he will serve as chairman of the club’s charity, the Pars Trust.

Director Gavin Masterton told the club website: “We would like to pay tribute to John Yorkston, under whose stewardship over the last 13 years has taken the club to Hampden on many occasions for semi-final and Cup final events. We are delighted he will continue to play such an important role in DAFC going forward.”

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About Author

scotzine

Andy Muirhead is the Editor of Scotzine and the Scottish Football fanzine FITBA. He is the Scottish Football columnist for The Morning Star and has written for a number of other publications including ESPN, Huffington Post UK, BT Life's a Pitch and has had his work featured in the Daily Record, The Scotsman and the Daily Mail.

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