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Thread: Take over not happening?

  1. #31
    Join Date
    Nov 2017
    Posts
    764
    Quote Originally Posted by JamesMcClean View Post
    Sky Sports reporting that it is to officially go through in next 48 hours.
    Around the same time as Nelms says they (just) need cash injections for campy nou to go ahead coincidence?
    Whoever it is they aint goddamit doing it for nothing!

  2. #32
    Join Date
    Oct 2010
    Posts
    2,180
    Dundee United are pleased to announce the purchase of a controlling stake in the Club by Mark Ogren, a US-based businessman.
    Mr Ogren has acquired 85.61% of the issued share capital in Dundee United Football Company Ltd previously owned by Mike Martin and James Fyffe.
    Mr Ogren, whose business interests span oil services, software and real-estate becomes the Club’s new Chairman with Mr Martin stepping down both as Chairman and board director. Mr Fyffe and David Dorward remain directors at the Club.
    The result of several months of discussions, this acquisition provides Dundee United with the strong financial foundations required to support the Club’s football ambitions, specifically a return to the Ladbrokes Premiership.
    Mr Martin said, “Throughout our discussions, I was impressed by Mark’s passion for sport in general and his vision and ambition for Dundee United. He has developed a keen understanding of our rich history, our values and traditions, the importance of our community role and the passion and loyalty of the supporter base.
    “I feel privileged to have been Chairman at this great Club and I am grateful for all the support and assistance given to me throughout that period. I leave with confidence that Dundee United’s future is in very good hands.”
    https://www.dundeeunitedfc.co.uk/new...ootball%20Club

  3. #33
    Join Date
    Mar 2006
    Posts
    6,862
    I hope it all goes well but I have this nagging doubt that this all feels Funster-esque. We simply can't afford this to be wrong.

  4. #34
    I wonder what this means for the club. What are the new owner's motivations, plans, and hopes? Is Robbie safe in his job? I guess everything is on the table until we hear from the new chairman.

  5. #35
    Quote Originally Posted by Logie_Arab View Post
    Dundee United are pleased to announce the purchase of a controlling stake in the Club by Mark Ogren, a US-based businessman.
    Mr Ogren has acquired 85.61% of the issued share capital in Dundee United Football Company Ltd previously owned by Mike Martin and James Fyffe.
    Mr Ogren, whose business interests span oil services, software and real-estate becomes the Club’s new Chairman with Mr Martin stepping down both as Chairman and board director. Mr Fyffe and David Dorward remain directors at the Club.
    The result of several months of discussions, this acquisition provides Dundee United with the strong financial foundations required to support the Club’s football ambitions, specifically a return to the Ladbrokes Premiership.
    Mr Martin said, “Throughout our discussions, I was impressed by Mark’s passion for sport in general and his vision and ambition for Dundee United. He has developed a keen understanding of our rich history, our values and traditions, the importance of our community role and the passion and loyalty of the supporter base.
    “I feel privileged to have been Chairman at this great Club and I am grateful for all the support and assistance given to me throughout that period. I leave with confidence that Dundee United’s future is in very good hands.”
    https://www.dundeeunitedfc.co.uk/new...ootball%20Club
    Interesting that he was involved in oil, had a quick google search but can't see much that gives any indication of how deep his pockets are. He owns another couple of sports clubs in the US though.

    It seems his previous business was the retail and supply of oil/petrol rather than production, so I'm guessing he's closer to the Thompson's level of wealth than a billionaire.

    Interesting/exciting/scary times!

  6. #36
    No mention of Gussie Park. I assume MM still owns that then?

  7. #37
    Join Date
    Sep 2011
    Posts
    5,351
    Quote Originally Posted by TerryTheTerror View Post
    No mention of Gussie Park. I assume MM still owns that then?
    Meant to be getting bought back from Martin next year.

    The same person that told me all of the above takeover stuff a week ago said anyway.

  8. #38
    Join Date
    Oct 2009
    Posts
    21,435
    Quote Originally Posted by JamesMcClean View Post
    I hope it all goes well but I have this nagging doubt that this all feels Funster-esque. We simply can't afford this to be wrong.

    Feeling the same, very cautious about it.

  9. #39
    Join Date
    Sep 2015
    Posts
    1,634
    cautions bt hopeful 🤞

  10. #40
    Join Date
    Sep 2015
    Posts
    1,634
    Quote from MM regarding talks with new owner” We absolutely talked about merger bt only for literally 10 sec” 🤔😥🤭

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