Quantuma breaks ground with Pendragon to save Dumbarton from liquidation
April 15 – Scottish League One club Dumbarton FC are set to exit insolvency proceedings following a deal struck by administrators Quantuma with Gareth Phillips of the Pendragon Group.
Dumbarton have already suffered a 15 point deduction that will see them relegated to the Scottish fourth tier at the end of the season, but Quantuma said the new deal will wipe out debt, ensure all creditors are paid in full and provide cash flow to support the club for three years.
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