ONE of Scotland’s oldest football clubs has entered administration after more than 150 years.

Dumbarton FC, which was founded in 1872 and won the Scottish Football league in its first two seasons in 1891 and 1892, called in the administrators on Monday.

A statement issued through the club’s website said that Ian Wright and Craig Morrison, managing directors at business advisory firm Quantuma, had been appointed joint administrators of The Dumbarton Football Club Limited.

READ MORE: SNP councillor Marco Biagi resigns from seat in Edinburgh

It came after the club was not paid “significant funds” from the sale of development land in 2021, administrators said. It employs 27 staff, whose jobs are not immediately at risk.

Dumbarton FC competes in William Hill League One, the third tier of the Scottish Professional Football League. They now face a potential points deduction.

Quantuma managing director Wright said: “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.”

In October, League One side Inverness Caledonian Thistle also entered administration – and were immediately docked 15 points by the SPFL.