Tangerines takeover saga nears an end
Dundee United’s long-running takeover saga is nearing an end, with chairman Mike Martin rumoured to have sold his shares.
Martin has a holding of just over 42% in the Tangerines and speculation sweeping the city that he had agreed to be bought out appears to have some foundation.
The identity of the new investors has yet to be confirmed, although they are based in the United States.
This new chapter in the club’s history will formally kick off next week.
United, meanwhile, take on Morton at Greenock this afternoon in the Championship.