Following on from last night’s DFCSS SGM when the members of the society voted overwhelmingly to approve the issuance of 100 million new shares in Dundee FC, the club tonight held a General Meeting of Shareholders at the Gardyne Theatre in Dundee.
At the beginning of the meeting it was announced that Fraser McDonald had resigned from the Board of Directors of Dundee FC and that Colin Reid of the DFCSS had taken his place.
There were four resolutions being voted on at the club General Meeting and all four were passed accordingly, again with overwhelming numbers in favour.
After these votes were held, those shareholders present had the opportunity to discuss the clubs future plans with John Nelms and Steve Martin who were in attendance and representing the new investors, FPS.
At the adjournment of the General Meeting, a scheduled Board Meeting of the club took place at which time it was agreed that John Nelms, Bill Colvin and Steve Martin will be appointed to the Board of Directors of Dundee FC.
The new Board of Directors made the following statement –
In our 120th anniversary year, we now enter into a new era with hope and pragmatism in equal measure.
The fans of Dundee FC have saved the club twice and the new investment is intended to secure our club financially and act as a platform for our future success. We hope that our fans will back the club in the numbers they have done in the past as together we can take this great institution into a future which matches our proud past.
