Quote Originally Posted by thedee1893 View Post
Agreed so it seems
Linda has no time for Dee4life especially since the Dee4life members as a result of a vote in January 2019 refused to sell all their A shares to FPS for the derisory sum of £8,000 which FPS later increased to £10,000.
At the time all the Dundee Football Club Limited shares held by Dee4life were valued in their annual accounts at a nominal value of £1.
Linda stated that FPS were paying 8,000 times the £1 value in the Dee4life accounts for the A shares alone.
After I became a Dee4life Co-opted Director I insisted that the true value of all the Dundee Football Club Limited shares held by Dee4life were stated in the Dee4life annual accounts based on the 1.35p per share which FPS use for their ‘debt for equity’ share transactions.
The total value of the Dundee Football Club Limited shares held by Dee4life including the A shares and Ordinary shares is just over £554k somewhat more than the nominal £1 previously listed.
Incidentally the Arab Trust value their shareholding in The Dundee United Football Company Limited at around £33 per share in their annual accounts and they have done so for a number of years even when MMJ had sold Tannadice Park and all the land around Tannadice including Gussie Park to rich supporters to keep the wolves from the door.