In the accounts just released for the Year ending June 2025 they've made a provision for an expected tax payment of £350,444.
That's either an accountant working something out based on potential (x-y = mc2) or could it be they already know what HMRC are after...

https://www.thescottishsun.co.uk/sport/15484284/premiership-dundee-united-tax-relief-investigation-owner-mark-ogren/

Again no fucking mention of The Rangers as one of the clubs involved, Quelle surprise!

Ogren coming across as a dimwit once again though 🫤

Btw, Tesco have launched a new toilet roll thats aptly named 'who gives a crap'
It's a far more substantial read that the fucking Scottish Sun!

It's not a question that hasn't already been asked of course,but how the fuck does somebody so naive in business get so rich in the first place? It beggars belief.

Arabdownsouth wrote:

It's not a question that hasn't already been asked of course,but how the fuck does somebody so naive in business get so rich in the first place? It beggars belief.

 
Easy. Second generation. His folks  built up a network of gas (petrol) stations (with associated retail). They had a gas distribution retail business too. Simple stuff, but, scalable and consistently profitable. He could have continued the business but chose to sell it off. At that stage he could have invested the proceeds for income. He didn’t, he decided to speculate. It’s a bit like looking for the next Nividia, Tesla or Netflix - your chances (even if you are a billionaire) are 10%. Peter Thiel’s book “Zero to one” is excellent on this.

But think about it: Steven Thompson, The Glazers, Rocco Forte, Sir Hugh Fraser. It’s always the second generation.

Macbonzo wrote:

Arabdownsouth wrote:

It's not a question that hasn't already been asked of course,but how the fuck does somebody so naive in business get so rich in the first place? It beggars belief.

 
Easy. Second generation. His folks built up a network of gas (petrol) stations (with associated retail). They had a gas distribution retail business too. Simple stuff, but, scalable and consistently profitable. He could have continued the business but chose to sell it off. At that stage he could have invested the proceeds for income. He didn’t, he decided to speculate. It’s a bit like looking for the next Nividia, Tesla or Netflix - your chances (even if you are a billionaire) are 10%. Peter Thiel’s book “Zero to one” is excellent on this.

But think about it: Steven Thompson, The Glazers, Rocco Forte, Sir Hugh Fraser. It’s always the second generation.

Second generation syndrome is too simplistic.  The real Ogren failing was to think that the Fat Controller could be trusted to run a football club.  There's one thing making bad investment decisions totally another to then hand control of that investment to a total charlatan.  It is the utter naivety that I just can't understand.  I'd made a decision on the charlatan after being in the same room as him for about 5 minutes.  A truly embarrassing episode for our great club.  At least Ogren is trying to make amends (and no doubt a little of his Papa's money back...)

Isn't this slightly unfair on ogren?

He came in when we were screaming for change. He invested in the club always with the opinion that he wanted to make a profit - he completed investment that was needed but was misled by tony and his cronies.

They made massive losses when they tried to take the next level. Now hes put the business back on an even keel and is not pushing hard to get money back.

Surely nobody expects him to say he messed up and forget about the millions, are they?

It feels like it's inferred above that he's taking money at every opportunity and short changing the club which i dont see any evidence of

Arabdownsouth wrote:

Tangy wrote:

Isn't this slightly unfair on ogren?

He came in when we were screaming for change. He invested in the club always with the opinion that he wanted to make a profit - he completed investment that was needed but was misled by tony and his cronies.

They made massive losses when they tried to take the next level. Now hes put the business back on an even keel and is not pushing hard to get money back.

Surely nobody expects him to say he messed up and forget about the millions, are they?

It feels like it's inferred above that he's taking money at every opportunity and short changing the club which i dont see any evidence of

 
I dont think anyone has said that at all. It's been inferred thats he's been thick as fuck though.

Don’t think he’s thick, just not streetwise.

Fair enough. There have been past mistakes but pretty much everything about he club is going pretty well - so good to keep the good feeling going

kdyteejay wrote:

Finn Seemann wrote:

Tangy wrote:

Isn't this slightly unfair on ogren?

He came in when we were screaming for change. He invested in the club always with the opinion that he wanted to make a profit - he completed investment that was needed but was misled by tony and his cronies.

They made massive losses when they tried to take the next level. Now hes put the business back on an even keel and is not pushing hard to get money back.

Surely nobody expects him to say he messed up and forget about the millions, are they?

It feels like it's inferred above that he's taking money at every opportunity and short changing the club which i dont see any evidence of

As others have said, don't think anyone has said that or indeed inferred.  Quite the contrary.  He is hanging around and trying to sort it (or at least the people he is now trusting are).  Now, quite clearly he's nowhere to go at the moment.  He did try to offload but clearly that isn't returning enough to either justify his investment or more likely to allow him to consider it not too painful a lesson learned.  It just might be that if he can get things on an even keel off the pitch that what happens on the pitch can encourage some investment.

For me he's a wee bit thick and a big bit naïve.  At least now he seems to have managed to get rid of the parasites.  I also do think it is positive that there are noises about being active in the January market too, although hasn't been a good time to invest in recent years.

Would’ve been a great time to invest in Birighiti’s case.

That wouldn't have been investment.  That would have been reactive maintenance.  If something is broken you fix it.  Unless you are Asghar and you've gambled that your defective asset is going to be chosen by its home country to represent it at a higher level/can't be seen by the Emperor to have got it wrong.  To be fair I do think Birighitti was a victim of Asghar too.  If someone told me I could earn big bucks doing the thing I love in a different country where that thing was better respected than the country I was in, I think I'd probably give it a go too.  When he found it he was actually shite what was he supposed to do?

Macbonzo wrote:

We must remember, when you make an “investment” you expect to make a return. As things stand we (Dundee Utd Football Club Ltd) owe Ogren about £7.9million, which is considerably more than the club is worth.

My personal view is that Ogren will not put any new money in, rather, he will hope the player trading model will go some way to paying back some of the loans. The model under the previous regime involved selling our best Academy graduates to EPL clubs and reinvesting the proceeds in the club. Quite frankly my dog could have explained why that would never work. The new approach is to scour the World for better value players and increase our asset base thus creating the possibility of selling them on to bigger clubs. I think Ross Goodwin has done a fantastic job.

I think we should accept that if we can sell on some of our players, Ogren should get a decent chuck of the proceeds.

I'd give him a chunk, but only on the basis of us remaining at worst a sustainable mid-table prem team.  The reality is he'll be getting sweeties back until he sells the club and even then he's not getting £7.9M back.  I suspect he now knows he's been sold a pup (which would be the case with pretty much every Scottish team).  I don't think we should underestimate his ability to write off losses against tax due in the US (which is the real driver for yank investment in UK football) as his main reason to be here, but I also think he genuinely enjoys the club and probably does want to be seen as a bit of a hero around Dundee. That still may happen and he may be around for a long time.  I'll forgive him his questionable start if that is the way it turns out.

RogerTheAlien wrote:

Ogren should get absolutely fuck all until the manager has a decent budget and we have a decent team to watch. It shouldn’t be detrimental to the team and fans selling our best assets just because he sat 3000 miles away letting asghar do what he wanted.

Don’t pretend ogren was some naive teenager, he’s a multimillionaire businessman ffs.

Unfortunately (and partially fortunately on the second part) for us he is actually both.  Let's hope he's learning!