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Thread: F P S share proposal

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  1. #1
    Join Date
    Aug 2008
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    9,781
    Quote Originally Posted by islaydarkblue View Post
    Whilst FPS have put some decent cash injections into the club they have also carried out a ‘debt for equity’ for every annual loss resulting in the devaluation in the value of every other shareholder in Dundee Football Club Limited shareholding.
    FPS are currently charging 1% interest on all the loans which they have given whilst at the Dundee United Football Company Limited AGM attended by their shareholders which was held last month the new owner has pledged to give United interest free unsecured loans. (Source Arab Trust website)
    If you are/were a Dundee Football Club Limited shareholder with a hypothetical shareholding of 40,000 shares would you be happy to receive a cheque for £22.84 for your hypothetical shareholding instead of its nominal value of £400.
    I think you have to remember DFCSSisnt an individual, it isn’t their shares it money, it belongs to the fans who put the money in, wether they are still members or not, that’s my opinion

  2. #2
    Join Date
    Jan 2014
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    Quote Originally Posted by jdfc View Post
    I think you have to remember DFCSSisnt an individual, it isn’t their shares it money, it belongs to the fans who put the money in, wether they are still members or not, that’s my opinion
    Please just answer the question. If you hypothetically owned 40,000 Dundee Football Club Limited shares would you sell them to FPS for £22.84 instead of their 1p per share price equating to £400.

  3. #3
    Join Date
    Aug 2008
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    9,781
    Quote Originally Posted by islaydarkblue View Post
    Please just answer the question. If you hypothetically owned 40,000 Dundee Football Club Limited shares would you sell them to FPS for £22.84 instead of their 1p per share price equating to £400.
    If I thought I would help my club going forward then YES, I don’t think there are any Dundee fans out there that bought shares in the club to make money, again just my opinion

  4. #4
    Join Date
    Jan 2014
    Posts
    7,773
    Quote Originally Posted by jdfc View Post
    I think you have to remember DFCSSisnt an individual, it isn’t their shares it money, it belongs to the fans who put the money in, wether they are still members or not, that’s my opinion
    Are you aware of the laid down rules of DFCSS. What happens to the assets. Are they divided amongst the members.
    I look forward to your answer.

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