As relegation beckons for Dundee United, this report looks at the financial challenges faced by the club. The club’s external debt is now down to £1.25m. However, that is secured against the stadium. Although fans have expressed fears about going into administration, this seems unlikely, as the club’s home would be at risk.
As relegation beckons for Dundee United, this report looks at the financial challenges faced by the club. The club’s external debt is now down to £1.25m. However, that is secured against the stadium. Although fans have expressed fears about going into administration, this seems unlikely, as the club’s home would be at risk.
Chairman Stephen Thompson has said that he is open to offers for his 53 per cent majority stake in the club and is reportedtly in the United States talking to prospective investors. These talks are at a very early stage. In general, however, there is little interest in investing in Scottish football given low revenue streams.