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American takeover could see Dundee United as part of multi-club group

Dundee United could become part of a multi-club organisation if and when a long-awaited takeover goes through this summer.

Work on a deal that should see American owners take charge is at a crucial stage.

And it could reach a conclusion in the next few weeks.

Their identity remains under wraps, but it’s understood United could be one of as many as five clubs worldwide they take control of.

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A summer of change looks to be on the horizon at Tannadice Park following news of an American takeover.

How much they are willing to invest at Tannadice is also unclear, but a sum running into seven figures will be required to meet the cost of the planned squad revamp alone.

Meanwhile, United chairman Mike Martin, who is set to remain at the helm under the new owners, has apologised to Arabs for failure to get back to the Premiership for a second year running.

And he’s promised fans they will begin seeing the results of the “root and branch” review of the Tangerines he’s undertaken since becoming chairman in March.

“Like every United fan, I am bitterly disappointed with the outcome of Friday’s game and the prospect of another year in the Championship,” he said in a statement released on Saturday.

“Thank you once again for your continued support and I am truly sorry that we haven’t delivered for you this season.”

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United chairman Mike Martin has apologies to the fans

Martin has given his backing to manager Csaba Laszlo and his plans to rebuild the team for next season.

And he’s promised fans will see the results of his planned revamp of the off-field side of the club in the near future.

“When I was appointed as chairman 10 weeks ago, I said I would undertake a root and branch review at the club and much has subsequently happened behind the scenes,” he said.

“Over the next few weeks, we will gradually roll out resultant changes, starting immediately.

We will improve every aspect of the club — all in an effort to bring back the United way.”

The biggest change will be to the ownership but that will not necessarily mean a clear-out of the current directors.

Local businessman Jimmy Fyffe joined the board back in December and has invested a considerable sum to help meet the cost of this season.

He looks certain to remain a big part of the decision-making process at the new Tannadice.

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This article originally appeared on the Evening Telegraph website. For more information, read about our new combined website.