Dumbarton FC officials have said they have been left with 'no other option' as administrators are appointed.

Quantuma, a business advisory firm, will manage the process for the club which is one of Scotland's oldest after it officially entered administration on November 18.

Ian Wright, managing director of Quantuma says the club was left with 'no other option' after funds which were owed from the sale of development land in 2021 were not received.

An investigation is set to take place.

The firm says the club's 27 staff roles are secure as they navigate the administration process.

Ian Wright said: “Craig Morrison and I were appointed joint administrators of Dumbarton FC on November 18, 2024. The directors of the club were left with no option other than to appoint administrators, following the non-receipt of significant funds that were owed to the club from the sale of development land in 2021.

"As administrators, we will be investigating the circumstances surrounding this transaction and other issues affecting the club, but will not be in a position to comment further at this time. Our immediate priority is to ensure the club can complete its fixtures and we will be meeting with key stakeholders to ensure this can be achieved.

"We understand this will be a shock to fans, staff and the local community.

"The club employs 18 playing staff, six football staff and three club staff whose roles are secure whilst we work through the early stages of assessing the options available to the club. We would invite any interested parties to come forward.”

Earlier today, the club released a statement saying they acknowledge the reports of the administration and that it is 'not the news people wanted.'

The Sons, who are currently eighth in Scottish League One, will also reportedly be hit by a huge points deduction which would put them at the bottom of the table.

It comes after fellow third-tier side Inverness faced a similar punishment earlier this season after finding themselves in financial trouble.