After that deadline passed without a buyer making a firm offer, all the remaining employees were made redundant, but it was reported that the club were still negotiating with an interested buyer. On 29 May, Gretna were relegated to the Third Division due to their financial struggles, with the Scottish Football League threatening expulsion should a takeover not be completed within a week. After a takeover bid fell through on 1 June, the administrators confirmed the following day that they would look to sell Raydale Park to someone who will use the site for something other than football.