By Chris Burton Last updated: 29th May 2008
Gretna have been relegated two divisions by the Scottish Football League.
The club have struggled financially since wealthy backer Brooks Mileson withdrew his support on becoming ill back in March and were forced into administration as a result.
Already marooned to the foot of the SPL table, a further points deduction then confirmed the club's fate.
Unable to pay both their on and off field staff, mass redundancies followed as the club battled bravely against the threat of extinction.
Their meteoric rise through Scottish football was coming back to haunt them as the realisation that they had been punching above their weight for far too long was resulting in disastrous consequences.
Gretna had only been voted into the Scottish league in 2002, before winning three league titles in as many years to take them into the top flight.
Despite all their problems they were eventually able to complete their fixture SPL fixture list, but finished the 2007/08 season with just 13 points to show for their first taste of life in the big time.
In a whirlwind six-year period they now find themselves back where they started, in the Scottish Third Division.
They now have less than a week to stave off expulsion from the league altogether as the governing bodies will not allow them to continue as a side in administration.
The SFL want a takeover to be completed by the start of next week or they will invite applicants to replace the stricken club.
A consortium led by football agent Paul Davies is believed to be interested in taking charge of the club, but the league were unconvinced that the business plan put forward warranted handing Gretna a reduced sentence.
SFL chief executive David Longmuir confirmed that the action had been taken in the best interests of Scottish football as a whole.
"The SFL had to make sure we protected the integrity of our league," he said.
"There was no commitment from the administrator that Gretna could fulfil the fixtures at all in the coming season, which means we had to do what we thought was right for our league."
While their demise has come as blow to everyone connected with the club, their misfortune has inevitably resulted in good news for others.
With Hamilton already booking their place in the Premier League for next season, Longmuir has confirmed that Airdrie will now be promoted to Division One and Stranraer to Division Two.

A look at the best pictures as Michael Owen completes a surprise move to Manchester United.
Pictures from the unveiling of Real Madrid's reported £56 million signing at the Santiago Bernabeu.
Pictures from the Under 21 championship semi-final between England and Sweden in Gothenburg.
Pictures from England's draw with Germany in the last Group B game of the Under 21 Championships.
A look at the best pictures as Michael Owen completes a surprise move to Manchester United.
| Time | Fixture |
|---|---|
| Saturday 15th August | |
| Clydesdale Bank Premier League | |
| 15:00 | Aberdeen vs Celtic |
| 15:00 | Dundee Utd vs Hearts |
| 15:00 | Hibernian vs St Mirren |
| 15:00 | Kilmarnock vs Hamilton |
| 15:00 | Rangers vs Falkirk |
| 15:00 | St Johnstone vs Motherwell |
| Saturday 22nd August | |
| Clydesdale Bank Premier League | |
| 15:00 | Celtic vs St Johnstone |
| 15:00 | Falkirk vs Hibernian |
| 15:00 | Hamilton vs Aberdeen |
| 15:00 | Motherwell vs Kilmarnock |
| 15:00 | St Mirren vs Dundee Utd |
| Sunday 23rd August | |
| Clydesdale Bank Premier League | |
| 15:00 | Hearts vs Rangers |
| Saturday 29th August | |
| Clydesdale Bank Premier League | |
| 15:00 | Aberdeen vs Motherwell |
| 15:00 | Dundee Utd vs Falkirk |
| 15:00 | Hibernian vs Celtic |
| 15:00 | Kilmarnock vs St Mirren |
| 15:00 | Rangers vs Hamilton |
| Sunday 30th August | |
| Clydesdale Bank Premier League | |
| 15:00 | St Johnstone vs Hearts |
| Saturday 12th September | |
| Clydesdale Bank Premier League | |
| 15:00 | Celtic vs Dundee Utd |
| 15:00 | Falkirk vs Aberdeen |
| Time | Result |
|---|---|
| Sunday 24th May | |
| Clydesdale Bank Premier League | |
| Aberdeen 2 - 1 Hibernian | |
| Celtic 0 - 0 Hearts | |
| Dundee Utd 0 - 3 Rangers | |
| Saturday 23rd May | |
| Clydesdale Bank Premier League | |
| Motherwell 1 - 2 Kilmarnock | |
| Inverness CT 0 - 1 Falkirk | |
| St Mirren 0 - 1 Hamilton | |
| Sunday 17th May | |
| Clydesdale Bank Premier League | |
| Hibernian 0 - 0 Celtic | |
| Saturday 16th May | |
| Clydesdale Bank Premier League | |
| Rangers 2 - 1 Aberdeen | |
| Hamilton 0 - 3 Motherwell | |
| Hearts 3 - 0 Dundee Utd | |
| Kilmarnock 1 - 0 Inverness CT | |
| Falkirk 0 - 2 St Mirren | |
| Wednesday 13th May | |
| Clydesdale Bank Premier League | |
| Hamilton 0 - 1 Falkirk | |
| Hibernian 1 - 1 Rangers | |
| Motherwell 2 - 2 Inverness CT | |
| Kilmarnock 2 - 1 St Mirren | |
| Tuesday 12th May | |
| Clydesdale Bank Premier League | |
| Celtic 2 - 1 Dundee Utd | |
| Aberdeen 0 - 0 Hearts | |
| Sunday 10th May | |
| Clydesdale Bank Premier League | |
| Inverness CT 1 - 1 Hamilton | |
| Saturday 9th May | |
| Clydesdale Bank Premier League | |
| Rangers 1 - 0 Celtic | |
| Pos | Team | P | Pts |
|---|---|---|---|
| 1 | Aberdeen | 0 | 0 |
| 2 | Celtic | 0 | 0 |
| 3 | Dundee United | 0 | 0 |
| 4 | Falkirk | 0 | 0 |
| 5 | Hamilton Academical | 0 | 0 |
| 6 | Hearts | 0 | 0 |
| 7 | Hibernian | 0 | 0 |
| 8 | Kilmarnock | 0 | 0 |
| 9 | Motherwell | 0 | 0 |
| 10 | Rangers | 0 | 0 |
| 11 | St Johnstone | 0 | 0 |
| 12 | St Mirren | 0 | 0 |
If you're between the ages of 16-18 and fancy earning a year's contract with Inter Milan, then click here!
Bordeaux became champions of France and Carlo Ancelotti left AC Milan on a dramatic weekend.
Wolfsburg and Rangers both sealed their respective league titles on the final day of their seasons.
David Weir refuses to accept he is entering the final year of his career as he prepares for the new term.
Bristol City have won the race to sign former Celtic midfielder Paul Hartley, skysports.com understands.
Paul Quinn has expressed his delight after finalising his move from Motherwell to Cardiff.
Celtic goalkeeper Artur Boruc has rejected suggestions that he is in poor form.
Gus MacPherson has confirmed Argentine defender Franco Miranda will not be returning to St Mirren.