Aberdeen FC Cancel Minority Stake Purchase After Atlanta United Tries To Pay With TAM

Atlanta, GA - The recently announced purchase of a minority stake in Scottish team Aberdeen FC by Major League Soccer (MSL) side Atlanta United was cancelled by the Aberdeen board of directors after the MLS club attempted to pay the $2.57 million dollars in Targeted Allocation Money (TAM).

Maybe they could change the name to Atlanta United Aberdeen Football Club.

“We asked for the all of the financial documents and payment to be in by the end of the day,” stated assistant to the chairman Glenn Adair. “They sent over a document that stated, ‘$2.57 million of TAM. Plz update spreadsheet.’ This is not how we do things here.”

Sources within Atlanta United indicated that the club ownership were shocked that they couldn’t purchase shares using TAM as they were informed that TAM was good for anything within Major League Soccer.

“They feel that the international soccer community should recognize TAM and GAM as valid currency,” stated one Atlanta United insider. “They want to use any excess of TAM that they received for the Darlington Nagbe trade to defray their overall purchase price. I don’t understand why Aberdeen won’t accept this currency.”

For their part, Aberdeen FC are staying firm as they released a press statement indicating that until there is actual money deposited they will not consider any formal purchase of shares to be ratified.

“After we requested the club to send us actual funds, they then sent us an google document indicating how much TAM they had and adding Aberdeen in as a line item receiving the TAM. This is not how this works. Money for shares. This is not blockchain or crypto currency”

The Nutmeg News will have more on this as the Chicago Fire try to pay for their logo re-brand with General Allocation Money.