Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Dundee FC's financial backer resigns

Mon 20th Sep 2010 | Clubs Ownership

Dundee Football Club’s financial backer Calum Melville has tendered his resignation.

It’s understood the club have not yet accepted his departure and will hold talks to decide their next move.

"Dundee Football Club can confirm that Calum Melville has offered his resignation as director of Dundee Football Club," said a club statement.

"This will be discussed at a board meeting and, until then, no further comment will be made."

According to the BBC, Dundee last month announced that Bob Brannan was standing down as chairman but stressed that he would be continuing on the board.

And Aberdeen-based businessman Melville publicly re-stated his financial commitment to the club.

He said that, although it would not be on the same scale as the £1.2m he is said to have already invested in the club, he would continue to bankroll them for the next three to five years.

But, earlier this month, Melville, who was head of the offshore division of Cosalt, was suspended from his post while management carried out a review of working practices.

He also resigned as a director of the marine safety company, although it stressed in a statement that it did not believe there had been any illegal activity.

It appears that Melville does not believe he now has enough time to devote to the football club and their board will now want to investigate what that means for his promised future cash injection.

His money helped Dundee significantly strengthen their squad last season, but the team allowed their lead in Division One to slip under Jocky Scott and successor Gordon Chisholm.




If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Massimo Cellino Leaves Leeds After Takeover

Wed 24th May 2017 | Clubs Ownership

Andrea Radrizzani has completed his takeover of Leeds United after purchasing Massimo Cellino’s 50% stake in the club. Radrizzani, who purchased 50% of the club in January, has acquired the...

EFL Approve Chinese Investment At Reading

Wed 17th May 2017 | Clubs Ownership

EFL approval granted as Chinese investors Dai Yongge and Dai Xiu Li take majority shareholding of club. Reading Football Club has confirmed Chinese brother and sister, Dai Yongge and Dai Xiu Li, have...

Hartlepool United Chairman Announces Resignation

Thu 4th May 2017 | Clubs Ownership

Hartlepool United’s Chairman, Gary Coxall has announced his resignation from the League Two club. The club faces relegation from the Football League for the first time in their history this...

Sam Rush Sacked By Derby County

Thu 4th May 2017 | Clubs Ownership

Sam Rush, President and Chief Executive Officer of Derby County has been sacked by the club it was announced yesterday. A brief statement released by the club read: “Derby County Football Club...