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Thread: Anybody know f9r sure ……

  1. #1
    Join Date
    Nov 2003
    Posts
    1,687

    Anybody know f9r sure ……

    How much including purchase the owners at each end of the street have invested to date ?

  2. #2
    Join Date
    Jan 2014
    Posts
    6,387
    Quote Originally Posted by scottg View Post
    How much including purchase the owners at each end of the street have invested to date ?
    It is difficult to work out as in our case debts have been converted into shares with the corresponding debt being written off.
    It has been reported that the majority owner of United has handed over £8 million.

  3. #3
    Join Date
    Jan 2014
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    6,387
    Quote Originally Posted by scottg View Post
    How much including purchase the owners at each end of the street have invested to date ?
    Mark Ogren the majority owner of United has according to their latest accounts for the year ending 31st May 2021 given them an interest free loan of £9,018,061. I enclose the filing history of The Dundee United Football Club Limited which includes their Full annual accounts. https://find-and-update.company-info...filing-history
    Meanwhile FPS charge Dundee Football Club Limited 1% interest on their loans.
    I was previously advised on this forum that it was due to American tax rules that FPS have to charge us 1% interest on their loans.
    However this does not add up as Mark Ogren is also an American and he gives United interest free loans.
    The Dundee Football Club Limited annual accounts are ‘filleted’ accounts which tell us very little are available to read on the Dundee FC website under the Club section.
    I enclose the Dundee Football Club Limited annual accounts for the years ending 2017 - 21 inclusive from the club website.
    https://dundeefc.co.uk/club/accounts/
    Last edited by islaydarkblue; 25-11-2022 at 06:56 PM. Reason: More information

  4. #4
    Join Date
    Feb 2012
    Posts
    17,242
    I doubt Linda has spent 1 shiny dime of his own money.

  5. #5
    Join Date
    Jul 2007
    Posts
    8,634
    Quote Originally Posted by Returnofrros View Post
    I doubt Linda has spent 1 shiny dime of his own money.
    I bet he's taken a decent whack out though.

  6. #6
    Join Date
    Feb 2012
    Posts
    17,242
    Quote Originally Posted by Deeranged View Post
    I bet he's taken a decent whack out though.
    Any money put in has been taken out first.

    No bad gig for a deaf mute.

  7. #7
    Join Date
    Jun 2013
    Posts
    207
    Quote Originally Posted by Returnofrros View Post
    Any money put in has been taken out first.

    No bad gig for a deaf mute.
    He's not our money into DFC. A member of staff actually told me today that he charges absolutely everything to the club on top of the farcical salary.

    His lad getting paid, and company car, is a joke.

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