Accountancy company Panel Kerr Foster on Friday confirmed that they have been asked to act as administrator for the Irn-Bru First Division club.
A statement released by PKF said: "The directors of Dundee FC have decided that their only option is to place the club into administration."
The statement continued: "The administration appointment is expected to take effect from the middle of next week and the directors have approached Bryan Jackson, of accountants PKF, to consider being appointed administrator.
"The directors have taken this decision with considerable regret but believe that they have no other choice in the current circumstances.
"Until the administration is effective all staff will remain in post and the club will continue to operate normally."
Source: PA
Source: PA