In 2003, due to the club's failure to sell on players as anticipated, insufficient income was raised to fund the large wage bill, under owners Peter & James Marr, resulting in a £23 m debt, they were forced to go into administration with many players such as Fabian Caballero, Craig Burley and Georgian captain Giorgi Nemsadze leaving the club in 2005.
Giorgi Arveladze | Giorgi Latso | Giorgi III | Giorgi Chanturia | Giorgi Baramia | Giorgi Targamadze | Giorgi Sichinava | Giorgi Nemsadze | Giorgi Kvirikashvili | Giorgi |