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According to the Scotland on Sunday the bank of Scotland have cut off the availablility of more finance for Livi on top of the £10m debt the club currently services. So that's another club heading to administration

Scottish football is bankrupt :(
 

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They were a very similar team to Dundee:
"Buy all the foriegners now, worry about the costs in the future", so I can't really say it surprises me.
 

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HEY, WHA' HAPPENED?
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Yes it is sad, but look on the positive side. What are the chances of Motherwell, Dundee or Motherwell being able to afford to install underground heating? Or anyother bollocks stipulation the SPL makes to keep it a closed league? All the SPL have open to them is loosen the criterea because in Scotland clubs outside the biggest 5 or 6 cannot afford 10,000 seater stadiums. Plus seats ruin atmosphere.

So we can look forward to 12th place actually being for a relegation fight rather than just another meaningless position. All thanks to teams spending more than they should:cool:
 
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