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ArabTRUST Statement Friday 13th July 2018
ArabTRUST welcome today’s news that current Dundee United Directors, Mike Martin and Jimmy Fyffe, along with two other lifelong Dundee United fans and local businessmen have purchased the total shareholding of former majority shareholder and club chairman Stephen Thompson.
This brings to an end a period of instability where the clubs major shareholder did not sit on the club board. The share sale brings full control of the club’s future back within the board and will hopefully allow discussions to continue around bringing further investment to the club.
We hope that this action will also bring an end, to what can only be described as a horrendous few years, for the fans of Dundee United. We also look forward to all supporters being involved in this new tangerine future together.
Today’s news and previously announced changes in all departments at Tannadice along with the introduction of the widely reported United Way should now give confidence to all Arabs that the club is heading in the right direction.
ArabTRUST will continue to work with everyone at the club in our efforts to help the rejuvenation of Dundee United FC.
13th July 2018