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United set for £1m boost

United set for £1m boost

Dundee United are set to benefit by £1 million when selling their Gussie Park training facility to vice-chairman Mike Martin, while still having full access to the facility.

Chairman Stephen Thompson has contacted shareholders seeking approval for the proposed sale to Martin's pension fund. He would then reinvest the money back into the football club.

Between them, Thompson and Martin are responsible for over 80% of the United shareholding - and with only a 50% vote required for the motion to be approved.

Thompson has already confirmed he will be stepping down from his current position at the end of the season.

The Tangerines are seeking to avoid a third successive campaign outside of the top-flight and the financial constraints that inevitably brings.

Click here to join in the debate on the club forum.

Writer:Vital Arabs
Date:Friday February 23 2018
Time: 5:01PM

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