bowers wrote:

I know aload of people who are of the same opinion on the foundation and want to back it but wont with this the case.
Imo a foundation at dufc can be a good thing and something i do support but i wont be pledging a penny to it any time soon.
Its all fine and well them saying that its unlikely it would happen but what if they get the wish they are after and get the 2 men sitting on the board do things change?

Getting the 2 men on the board was kept quiet at the start.

 
I certainly recall seeing that they were looking for boardroom representation If they put money in right from the off.

As to whether that would be a good or bad thing, you'd need the detail (if you were a member) and you'd need to make your mind up on that.

With their current membership that's a bit academic however as next year rolls round season ticket holders will be faced with a similar choice.

I'd hope by that time that the support might have rallied round a single banner and would be in a position to put genuine pressure on the board.

Fidel_Castro wrote:

blackandtangerine wrote:

avonrep wrote:

 
In theory they can give the money to Club 1872,
or rangers loyal, but you both know that there's as much chance of that as there is of lining Thomson's pockets.

Pedantry of the highest order.

Well if thats the case im out.
 

To be fair I dont think you would ever be in

To be fair i dont think you really know whether i would be or not.
 

The thing with the foundation - has it been considered that if they raised enough capital, then they could fund loans based on the same terms  (or slightly better) as the loans to hugh  etc...ie in the event of admin the foundation have security over tannadice/gussie etc.

The more they raise in interest would increase the amount of assets they could safe guard against any admin if the worst ever came to the worst, while helping the club to get on a more even keel. Surely that's a win win situation?

Last edited by Tangy (24/10/2017 8:52 am)

avonrep wrote:

bowers wrote:

I know aload of people who are of the same opinion on the foundation and want to back it but wont with this the case.
Imo a foundation at dufc can be a good thing and something i do support but i wont be pledging a penny to it any time soon.
Its all fine and well them saying that its unlikely it would happen but what if they get the wish they are after and get the 2 men sitting on the board do things change?

Getting the 2 men on the board was kept quiet at the start.

 
Sorry, but still can't see your point.
Are you saying that the members who give their hard earned money monthly, shouldn't be allowed to vote the way they see fit?

Who should decide where the money goes,
a committee?

Is 2 places on the board a bad thing?
Would they not be able to see what's going on, rather than speculation and supposition or in some cases guess work?

​1 member per vote is fair enough.. the members can still vote to give the money to the current regime

​whats to understand about that?

​2 members on this board.. do u think that will see people back them? 
​very little have any trust or support the board as it is. the foundation adding 2 people to that wouldnt help the cause any imo.

Last edited by bowers (24/10/2017 9:42 am)

For anyone familiar with the John James site, you'll know he normally has what he claims are 'exclusives' based on information from Ibrox. He is very uncomplimentary towards nuRangers. 

In the past, he wrongly provided an exclusive that United were going into administration the following day. This didn't happen, but John James didn't folllow up with an apology to readers.

To the main point from today: he has stated, just after noon "I have just been apprised that Dundee United have been sold to a U.S. company. Developing story."

"The communique was brief and to the point. This is yet another exclusive."

Unsure if other United message boards have further information, and obviously, John James may be wrong.  

Jim Spence said something about American investment in his Courier column yesterday as well.

That John James is a bit of an enigma. He’s kidding himself on if he thinks anyone believes he’s actually a sevco fan OR that he’s had to flee to another country for his own safety through writing about the currant buns.

That said, he has had a decent amount of “exclusives” come to fruition but also wrongly claimed that we would be going into admin so not exactly someone to take as gospel when he blogs.