Dundee Football Club were today put up for sale officially by the receivers for P&J Taverns.
The Company owns the following shareholdings:
· 86.9% shareholding in Dundee FC Holdings plc (Holdings); and
· 100% shareholding in Macrocom (399) Limited (Macrocom).
We understand that Macrocom owns a 5.9% shareholding in Holdings and that Holdings owns 100% of the share capital of The Dundee Football Club Limited (DFC).
The Receivers are inviting offers to acquire the Company's 86.9% shareholding in Holdings and its 100% shareholding in Macrocom.
Offers to acquire these shareholdings must include the following:
· Consideration;
· Timescale for completion;
· Proof of funding;
· Evidence of an ability to service the financial obligations of DFC; and
- Any conditions attaching to the offer (or confirmation that the offer is unconditional).
ALL OFFERS TO BE IN BY THURSDAY 22nd MARCH AT 3PM.