DUFC

Club Statement

2nd April 2015

“The Board of Dundee United has noted the statement issued by two Dundee United supporters’ organisations. All supporters can be assured that the Board will continue to implement its professional and comprehensive strategy for the football club. This strategy and the related actions of the Chairman and Board of Directors have delivered progress both on and off field. “On field the Club has reached back-to-back domestic Cup finals for the first time in 29 years, qualified for European competition in three of the last four years, finished in the Premiership top six (formerly SPL) in every one of the last seven years and won the Scottish Cup in 2010. The current management team and players are also sitting fourth in the Premiership this season with sights firmly set on securing a European qualification place. “Off field the Board has reduced overall debt, including Thompson family loans, from £5.2 million in February 2014 to £2.6 million while successfully extricating the Club from all bank debt. The Club debt is projected to be reduced to £1.4 million by the end of this year. And, in a period where Scottish football clubs have faced some of the most challenging economic times in history, the Club continues to pursue its strategic objectives and invests in facilities for the future. “Supporters can rest assured that the Board is comprised of individuals that are, without exception, Dundee United supporters. They bring with them a wealth of experience in business. At all times, the Board acts to promote the success of Dundee United and will continue to do so.”