The proposal from Texas-based group Keyes Capital to buy a controlling stake in Dundee Football Club is back on the table and, crucially, key demands of the Dundee FC Supporters’ Society (DFCSS) are about to be met.
That will mean the due diligence insisted upon by the DFCSS will be done on the Americans’ buyout plan. There will also be a vote of society members seeking approval for the Keyes blueprint at a date yet to be confirmed.
These dramatic developments mean that the Dundee board, which was split down the middle after bid backers Steve Martin, Bill Colvin and Ian Crighton quit as directors earlier this week, is now working together.
It is understood that a media briefing will take place at Dens, at which the new united stance now understood to be supported by the afore-mentioned trio and at least two of the DFCSS representatives will be fully explained to fans.
If, as now seems likely, the deal goes ahead, it will see an initial cash injection of £650,000 into the Dark Blues, with around £750,000 following as part of an ambitious plan to buy Dens back from owner John Bennett and to invest in youth.
