HMRC are pressing for an unpaid bill of £134,000 with the boardroom split and supporters groups suspicious of the motives of majority shareholder Gavin Masterton.
During the 80′s and 90′s Masterton rose to the top in Bank of Scotland but the takeover from Halifax brought his career to a halt and he stepped down in 2001 from the newly merged bank.
Dunfermline have been dogged by financial troubles for almost a decade with the ownership of the ground no longer part of the football club making credit facilities almost impossible.
Addresing the current crisis yesterday Leishman admitted: “Time is not on our hands, this weekend is crucial. It’s vital that we communicate. We need to forget about the past and move on. A proposal is on the table and Gavin has asked the group some questions.
“I’m sure by Monday we’ll know what’s happening.”
The former East End Park boss added: “I don’t have all the details but want to be in a position to tell supporters on Monday where we are.
“I would say if we can’t get together, if we don’t get finances in, it’s liquidation. We’ve not got time. I think Gavin wants an exit route. It’s how we get a deal suitable for all parties.”
Despite the shambles of Rangers liquidation last summer the SFA still have no rules in place to deal with the liquidation of a club.
It’s unclear if Stewart Regan will predict social unrest or if a special working group will be set up to provide a place in the SPL or if a new club will be given SFA membership without having five years audited accounts.
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