Dundee United chairman Mike Martin assures fans prospective new owners have NO links with city rivals Dundee
Speculation has been rife on Tayside that the Americans Martin is in talks with at Tannadice have business history with the Texas-based chiefs in control at Dens Park
DUNDEE UNITED chairman Mike Martin has assured fans the Americans he’s speaking to have NO links to city rivals Dundee.
Speculation has been rife on Tayside that the prospective new owners at Tannadice have business history with Texas-based Tim Keyes and John Nelms, who are in control at Dens Park.
The prospect of groundshare and mergers is a toxic subject in the City of Discovery so Martin, who remains in talks with the mystery Yank money men, has moved to assure punters there is no crossover between the parties.
He and director Jimmy Fyffe held a meeting with the Federation of Dundee United Supporters’ Clubs and afterwards they released a statement.
It said: “Whilst no definite statement was made (with words being chosen carefully) it appears an American-based bid is the preferred option for the current board based on them having sufficient cash backing to move the club forward now and in the medium and long term.
“This party has no links to the owners of our city rivals, and are not looking to merge or ground share at any point in the future.
“These potential new owners have undertaken a due diligence on United and likewise United have undertaken a due diligence on them.
“Both exercises did not uncover any reason to halt progress with the discussions.
“The likely timescale for a successful conclusion was said to be measured in weeks not months.
“Other potential owners / investors are also on the scene should these talks stall.
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“There is no chance of administration and that is why the talks can proceed at a pace which suits both parties.
“We would have liked to have been able to be more positive and indeed suggested the board should make a statement in relation to all the rumours currently circulating, which they said they would consider.
“Planning for this season continues as the current noard's preferred option is to remain as shareholders after the share sale and continue to help manage United in some way.”
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