DUSF supposedly releasing their version of events later on today via a detailed statement.

Rumour is that they never asked for a secured loan AND shares.

It was one or the other.

Either their 6 figure members fund given to Utd as an interest free loan and off-set against a club asset (in case it's never paid back).

OR

The 6 figure sum donated in return for unissued shares.

The latter was their preffered option supposedly.

Hopefully their statement clears all this up and then supporters can make up their own minds.

Me no understand.

The meaty bit of Mr Ogren's statement reads "we as a board were not willing to fulfil the unreasonable demands of DUSF encompassing a requirement for shares and thereafter a secured loan".

That's the reason for the divorce. Two things - 1) If the Ogrens own a massive 83% of the shares what's the problem in tossing a few in the direction of DUSF who would of course be paying for any few shares. 2) '....thereafter a secured loan'. Is the DUSF wanting to borrow money from the Ogrens? Why on earth? To buy more shares maybe? Actually I think I may have hit the nail on the head - the Ogrens own 83% and would want more before wanting less.

But me no understand really.
 

Last edited by smedDUm (15/4/2020 8:38 am)

Arabesque wrote:

Maybe I'm very naive here but surely most fans assume the money raised is to be made available to club when required.

Why a loan?

Perhaps ring fence the money for say youth football etc

Opening poster should be ashamed of original language used

Weve only heard the clubs side as of yet. I'm sure dusf will release a statement at some point giving their side of things.
A lot of people just believing what a badly written statement says..

Just baffles me the timing of it from utd.

 

Beharder wrote:

The Ogrens have put millions of their money into UTD. To be honest I don't give a f$$k what Dust ( they soon will be) have to say.
Maybe the Ogrens don't need the money and therefore have no wish to dilute their ownership of the club
Just give the money quietly back  to the fans who gave you it or is this bit of publicity and limelight what your after.

 
Hi friend, fair enough you do not agree with the foundation, but no one can call their motives into doubt.

Chances are a lot of them have been supporting united home and away since before you were born.

They are good people.

AlwaysUnited wrote:

What is crystal clear, and I say this with great sadness, is that the club and fans are now at war.

Each fan must tonight look into their soul and decide which side they are on.

The side of true United fans who have been with the club through thick and thin, or the side of the owners

 
For Phuk sake, here we go again. What a lot of utter s.hite. “The club and fans are now at war”

Who are you to come out with that , you certainly do not speak for me or the Arabs in our large group and I suspect thousands and thousands of dedicated Arabs that go home and away and have done so for decades.

After all the Ogrens have done rescuing us from the utter s.hitstorm that Thompson left us in, the last thing they or we as a club need is this kind of crap. In the midst of a major disaster for Scottish Fitba and our clubs. Unreal.

Have to strongly suspect the motives behind your posts here. Shitstirring in the extreme.

AlwaysUnited wrote:

Beharder wrote:

The Ogrens have put millions of their money into UTD. To be honest I don't give a f$$k what Dust ( they soon will be) have to say.
Maybe the Ogrens don't need the money and therefore have no wish to dilute their ownership of the club
Just give the money quietly back  to the fans who gave you it or is this bit of publicity and limelight what your after.

 
Hi friend, fair enough you do not agree with the foundation, but no one can call their motives into doubt.

Chances are a lot of them have been supporting united home and away since before you were born.

They are good people.

 
Now we are friends

I don't agree or disagree with the foundation they kind of passed me by.

I've been watching the.terrors since the black and white days so your 2nd point is unlikely.

If it was me I would quitely hand the money back to those who gave it  because  I would not want any bad publicity for the club. Their would be no statements no demands or  no petty snake comments

Beharder wrote:

The Ogrens have put millions of their money into UTD. To be honest I don't give a f$$k what Dust ( they soon will be) have to say.
Maybe the Ogrens don't need the money and therefore have no wish to dilute their ownership of the club
Just give the money quietly back  to the fans who gave you it or is this bit of publicity and limelight what your after.

Theyve put millions in as loans. They dont have a bottomless pit as some may believe. I'm not knocking them btw for what theyve done so far. Pass marks so far from me.

If they dont need the money why get round the table tho.  I believe discussions were confidential so why come out and basically alienate a section of the support like that.
 

Fidel_Castro wrote:

The Foundation I believe were in negotiation on a confidential basis with the Club re investing in Youth Development as discussed at the AGM at which TWO United directors were present. Recent discussions (Although Mark Ogrens name is on the statement) was largely with one of those directors. It appears that based on what I have heard the goalposts were moved rapidly by this person. Of course the Steering group can't agree to new proposals to release funds without running it by the members first. To say this statement came as a surprise is an understatement. Like us all can't wait to see the full detail. This director is behind the release, not Ogren, who leaves these matters to his lietenants.

Fidel, is it a director or a chief executive type person.
 

Beharder wrote:

blackandtangerine wrote:

Beharder wrote:

The Ogrens have put millions of their money into UTD. To be honest I don't give a f$$k what Dust ( they soon will be) have to say.
Maybe the Ogrens don't need the money and therefore have no wish to dilute their ownership of the club
Just give the money quietly back  to the fans who gave you it or is this bit of publicity and limelight what your after.

Theyve put millions in as loans. They dont have a bottomless pit as some may believe. I'm not knocking them btw for what theyve done so far. Pass marks so far from me.

If they dont need the money why get round the table tho.  I believe discussions were confidential so why come out and basically alienate a section of the support like that.
 

 
There are still a few unknowns  B&T that's for sure.
However if( I didn't) I had given money I wouldn't be looking for anything back in the  way of shares or guarantees.

My guess is the Ogrens got their statement out first and let the supporters who only want to attend the games make up their own minds

But surely to make up their own minds they'd need to listen to both sides, no?  That's the fair way to do it. Then folk can make their minds up.

I'm guessing dusf want guarantees their money wouldn't disappear down a black hole like happened under previous regimes .maybe they had a caveat it was used for a specific project but club couldn't agree to that. Who knows .
 

Beharder wrote:

blackandtangerine wrote:

Beharder wrote:

 
There are still a few unknowns  B&T that's for sure.
However if( I didn't) I had given money I wouldn't be looking for anything back in the  way of shares or guarantees.

My guess is the Ogrens got their statement out first and let the supporters who only want to attend the games make up their own minds

But surely to make up their own minds they'd need to listen to both sides, no?  That's the fair way to do it. Then folk can make their minds up.

I'm guessing dusf want guarantees their money wouldn't disappear down a black hole like happened under previous regimes .maybe they had a caveat it was used for a specific project but club couldn't agree to that. Who knows .
 

 

As you say atm who knows. Maybe just a case of getting your retaliation in first.
Either way the club has had enough of this sort of shite.

 

Beharder,  come on. It's the club that's started this by releasing the statement.
They didnt need to come out with anything. If talks broke down then just leave it at that. I'd say 99.9% of utd fans never even knew these talks were ongoing.  Bizarre from brannigan

Beharder wrote:

blackandtangerine wrote:

Beharder wrote:

 

As you say atm who knows. Maybe just a case of getting your retaliation in first.
Either way the club has had enough of this sort of shite.

 

Beharder,  come on. It's the club that's started this by releasing the statement.
They didnt need to come out with anything. If talks broke down then just leave it at that. I'd say 99.9% of utd fans never even knew these talks were ongoing.  Bizarre from brannigan

 
As I said getting their retaliation in first.
Do we need a public  statement from DUSF should they not just communicate with their members.
Hopefully I'm wrong and the statement is a short thank you and move on.  However there's maybe a few large egos involved here.

 

This could go on and on here. No point continuing it as you are only seeing it one way. . That's your prerogative but very blinkered imo. 👍

Well I must be the minority then as I couldn't care less what the foundation have to say, why should I?

Fans voices in the corridors of power as you put it is not necessary at all. Just because you support a club doesn't mean you know how to run it.

AlwaysUnited wrote:

Beharder wrote:

blackandtangerine wrote:

 

Beharder, come on. It's the club that's started this by releasing the statement.
They didnt need to come out with anything. If talks broke down then just leave it at that. I'd say 99.9% of utd fans never even knew these talks were ongoing. Bizarre from brannigan

 
As I said getting their retaliation in first.
Do we need a public statement from DUSF should they not just communicate with their members.
Hopefully I'm wrong and the statement is a short thank you and move on. However there's maybe a few large egos involved here.

1. We absolutely need a public statement from the Foundation, I would imagine the overwhelming majority of United fans are expecting one urgently.

2. Mr Ogren has released a highly combatitive statement and it is the duty of DUSF to reply in full.

3. Once United fans have had a chance to digest the statement I hope and pray the foundation will see a surge in support from Arabs all over the world.

4. I suspect in the long run a place on the board in inevitable, it is healthier for the club to have fans voices being heard in the corridors of powers.
 

I'm a member of the foundation, have paid in since day one and will in all likeliness continue to do do.

However

1. I think you're overestimating what the fan base want/think, I think most fans just want to go to games, see a decent team on the park and aren't interested in politics.

2. Fair enough

3. If the fans never backed the Foundation when it was set up as a safety net with Thompson in charge, I think they're less likely to now, as we seem in safer hands.

4. As long as the fans voices are sensible, have a sense of perspective of what fans groups can contribute to the running of the club and can help steer it properly (At boodroom levels obviously, fully accepting that without fans the club is nothing)

Just how I see it, not knocking anyone's efforts, commitments or money they've raised, after all the shite under ST, Jackie, Martin, Laszlo etc fans were finally enjoying the football again and looking upwards.

You can pick apart any of the above, but I can only base my views on conversations ive had with fellow fans a lot of them simply couldn't be arsed with issues The Fed would raise, turned their noses up at Fans United and now a lot have turned on The Foundation based on one statement from 'someone' at the club.