Quote Originally Posted by shaded View Post
j im no financial whizz kid but my reading of it is---- dundee fc issued 200million shares at 1p that means the value of the club is £2million no doubt islay will yeh or neh my reading of things
Hi Shaded,
The nominal value of each ordinary share is 1p and with 200 million shares fully issued shares the nominal value of Dundee Football Club Limited is £2 Million. Whether someone will ever come along and offer to purchase all the shares for £2 Million is another question.
As Taintedice rightly says we have no obvious assets apart from the hoses and the players registrations. However there seems to be plenty of wealthy people out there who fancy owning a professional football club.