Dundee United Supporters’ Foundation have challenged club chairman Mike Martin to explain the situation over the ownership of the club.
The DUSF issued a statement earlier today in the wake of local businessman John Gibson’s attempt to buy Stephen Thompson’s majority shareholding in the club which fell through after “unacceptable conditions” were imposed on the deal.
Gibson, a DUSF director, had informed the group of the offer last week and now with the collapse of the deal have urged chairman Martin to “just tell us all what is happening”.
The statement read: “As most of you will now be aware local businessman John Gibson made an offer to buy Stephen Thompson’s majority shareholding in Dundee United FC.
“The offer was accepted verbally last week but subsequent to that Stephen Thompson insisted on conditions on the sale that were unacceptable to Mr Gibson.
“John is of course a director of the DUSF and although this was a private transaction John did advise the Steering Group last week.
“John’s intention was to discuss with the DUSF membership how the Foundation could operate with a new board of directors.
“Unfortunately, the deal is dead and the opportunity for the club to be owned by a lifelong fan has been lost.
“It would also appear that the line the fans have been fed about American investors from current chairman Mike Martin needs some explanation.
“After months of mystery and conjecture is it too much to ask for him just to tell us all what is happening?
“The DUSF have always been willing to work with any new owners to ensure the future of the club and that remains our position.”