The 2003–04 season saw Clyde atop the League and looking set for the SPL. But Broadwood did not comply with SPL requirements and crucially Clyde was on the brink of being petitioned by their creditors and liquidated. While the chairman's fortune was well spent on players' wages, very little else got serviced. The SPL relented and said Clyde could join them if the fourth stand got built. North Lanarkshire Council started the groundworks and then abruptly halted them as they became aware of Clyde's financial plight. Plan B, playing at Kilmarnock, was investigated. In the event, a draw with Ayr United and a home loss to Inverness Caledonian Thistle meant that Clyde missed out on promotion.