Dundee United associate director Stuart Campbell has issued a “no news is good news” message regarding the club’s proposed takeover.
Campbell, who represents fans’ group ArabTRUST on the Tannadice board, called the expected foreign investment the “elephant in the room.”
Indeed, there has been no flesh put on the bones by United chairman Mike Martin since he told the club’s annual meeting at the end of March that discussions with parties interested in buying out majority shareholder Stephen Thompson were at an advanced stage.
However, ArabTRUST appear willing to show patience as they wait for news and there was also a welcome for the work done by Martin and others since the end of the season.
Writing in a blog update, Campbell stated: “Since Mike Martin was appointed chairman we’ve seen the implementation of the widely-reported ‘root & branch’ review of everything that happens at the club and, while we expect to see many more changes reported over the next few months, changes have already been made in finance, recruitment, youth and commercial.
“The chairman, directors and staff at Tannadice have been putting in long hours to bring about the changes needed that will give the club the best chance of delivering the promotion to the Premiership and the financial stability we all want.
“I’m not evading the ‘elephant in the room’ but really can’t answer any of the questions many of us have on the reported potential takeover/investment in the club.
“ArabTRUST are taking the view at this stage that a lack of information is a positive sign that any negotiations are taking place in a business-like manner and when it’s possible the club will bring us all up to date with any developments.
“Too many times in the past we’ve seen gossip drip fed into the media on all sorts of issues where ultimately everyone has been left frustrated and disappointed.
“We must also remember any discussions of this nature will be private discussions between shareholders and potential other parties.”
