Summary
It is hard to comprehend, given that Dundee have known such momentous days as 28 April 1962, when they lifted the Scottish title for the one and only time in the club's history. But a nondescript Tuesday in February is being described as the most critical date in the club's history, and a football won't be anywhere in sight.
According to joint-administrator Bryan Jackson, there is not even "a plan B", and he should know. He spent yesterday putting the finishing touches to an offer which will be made to creditors today, as the administration-hit club wait to see whether a Creditors' Voluntary Arrangement [CVA] is voted through or not. The meeting is scheduled to begin at 12pm, so it truly is a case of high noon at Dens Park today, with the meeting of creditors preceding a meeting of shareholders at 3pm. The desperate hope is that the last group are not gathering to discuss the way forward after creditors have rejected an offer of just 6 pence in the pound. Jackson has gone on record as describing this proposal as "very disappointing", although the bleak tone of his comments reflect the need for the club to be perceived to be appropriately solemn about the fact it has come down to the wire again. The club were last at this crossroads as recently as 2004.See the full content of this document
Extract
High Noon Arrives in Dundee's Survival Fight
"There are no winners in a situation like this," Jackson said yesterday. "It is only a qu...
See the full content of this document
Sponsored links
