Official Nelmsy Campus Countdown

[BCram]

Nelmsy’s next big problem will be repaying the ?1 million plus loan Dark Blue Property Holdings Limited received from Soho Green on 24th November 2022 is due to be repaid in full including the interest payable.
I would not be surprised to see that this loan with the new stadium development site at the former NCR Camperdown playing fields put up as security for their loan is never repaid with Dark Blue Property Holdings Limited handing over the site to Soho Green with their new stadium plans in tatters.

Sorry Islay. Disagree. Much more likely to refinance the deals, imo

[islaydarkblue]

Sorry Islay. Disagree. Much more likely to refinance the deals, imo

If you read the Soho Green website you will read that they look for high net worth people to lend funds making an annual 6% to 10% on their investment. In my opinion there is no way that the investors in Soho Green Cell number 0004 are going to refinance their loan to Dark Blue Property Holdings Limited secured against the 29.7% acres site at the former NCR Camperdown playing fields as these investors want their money back plus their 6% to 10% per annum on their investment.

[BCram]

Agree, they want their money back, not the 29acres that they accepted as security for the loan. Our owners could refinance using another lender.

[islaydarkblue]

Agree, they want their money back, not the 29acres that they accepted as security for the loan. Our owners could refinance using another lender.

How are Dark Blue Property Holdings Limited who have nothing to do with Dundee Football Club Limited apart from two common directors going to refinance their existing loan from Soho Green with another lender.
They are currently paying Pay Day borrowing rates for a Commercial company on their existing loan with Soho Green.
When they received their loan from Soho Green on 24th November 2022 Soho Green were advertising borrowing rates of between 0.75% and 2% per month which equates to between 9% and 24% per annum.
The Soho Green investors will not wait forever to have their loan repaid in full by Dark Blue Property Holdings Limited (DBPHL) and they might take DBPHL to court to seize their assets.
If that happens then the whole thing could fall like a pack of cards with Soho Green demanding immediate repayment of their loan granted to DBPHL on 3rd October 2023 with the Dens Park Stadium put up as security for their loan.
You might remember shortly before the second pre application meeting in the Landmark Hotel, Dundee in September 2022 Nelms stated that the cost of new stadium development at the former NCR Camperdown playing fields was fully funded and if there was a slight shortfall they could easily obtain loans from financial companies in the City of London.
Two months later Nelms borrowed in excess of ?1 million from a finance company based in the Isle of Man.
In my opinion it now time for John Nelms to tell the truth and explain why he borrowed this money from Soho Green with the site of his new stadium development at the former NCR Camperdown playing fields put up as security for his loan especially as the cost of the new stadium development was fully funded in September 2022.
Hiding away in his Gardyne bunker is no longer an option for John Nelms as the wagons are circling.

[BCram]

I repeat, refinancing is an option. Suppose Keyes Capital was involved? Just trying to question your posts, and show that there are options that do not end in financial ruin for DFC or John Nelms.
I think it is important to try to encourage support for DFC. The Dee4life AGM should be a must attend event this year. I hope any DSA members who are also members of Dee4life come along. Maybe there is some merit in trying to encourage a stronger, bigger fan based organisation? I never understood why DSA left Dee4life. Any suggestions?

[islaydarkblue]

I repeat, refinancing is an option. Suppose Keyes Capital was involved? Just trying to question your posts, and show that there are options that do not end in financial ruin for DFC or John Nelms.
I think it is important to try to encourage support for DFC. The Dee4life AGM should be a must attend event this year. I hope any DSA members who are also members of Dee4life come along. Maybe there is some merit in trying to encourage a stronger, bigger fan based organisation? I never understood why DSA left Dee4life. Any suggestions?

Regarding DSA leaving Dee4life.
I heard that the DSA committee members at that time were hopeless at providing receipts for expenditure incurred by the DSA. I also heard it suited John Nelms that the DSA left Dee4life as Nelms likes to operate a ?divide and rule? policy.
You should ask Kenny Ross why the DSA left Dee4life as he was the Chairman of the DSA at that time.
You might remember at the Dee4life AGM in November 2023 that John Nelms got a member of the DSA committee who was also a member of Dee4life to act as Nelms?s message boy and inform the Dee4life members that they were no longer welcome in Gardyne.
This is despite a number of members of DSA affiliated supporters clubs also being Dee4life members.
The person who acted as Nelms?s message boy is no longer a member of Dee4life having resigned his membership after a Dee4life members online meeting in March 2024 where he was told a few home truths about the problems the Dee4life board of directors have had trying to have a meaningful conversation with John Nelms.

[Returnofrros]

Regarding DSA leaving Dee4life.
I heard that the DSA committee members at that time were hopeless at providing receipts for expenditure incurred by the DSA. I also heard it suited John Nelms that the DSA left Dee4life as Nelms likes to operate a ?divide and rule? policy.
You should ask Kenny Ross why the DSA left Dee4life as he was the Chairman of the DSA at that time.
You might remember at the Dee4life AGM in November 2023 that John Nelms got a member of the DSA committee who was also a member of Dee4life to act as Nelms?s message boy and inform the Dee4life members that they were no longer welcome in Gardyne.
This is despite a number of members of DSA affiliated supporters clubs also being Dee4life members.
The person who acted as Nelms?s message boy is no longer a member of Dee4life having resigned his membership after a Dee4life members online meeting in March 2024 where he was told a few home truths about the problems the Dee4life board of directors have had trying to have a meaningful conversation with John Nelms.

Santa Doon your chimney or stadium in front of planning........what comes first.

NSD +66

[Deeranged]

Santa Doon your chimney or stadium in front of planning........what comes first.

NSD +66

Santa - 2027

[Returnofrros]

Santa - 2027

You look at that and you think another 13 months.....surely no

And then you think of the timeline from 2016......and Xmas 2027 isn't such a joke

Ho ho ho

Or as they say in Texas " hoping to be in for season 20/21"

Buuuuullllllllllllll

[islaydarkblue]

Santa Doon your chimney or stadium in front of planning........what comes first.

NSD +66

Santa.

[islaydarkblue]

You look at that and you think another 13 months.....surely no

And then you think of the timeline from 2016......and Xmas 2027 isn't such a joke

Ho ho ho

Or as they say in Texas " hoping to be in for season 20/21"

Buuuuullllllllllllll

Last week it was reported in the Courier that Dark Blue Property Holdings Limited had signed up new consultants to deal with their new stadium development at Campy Campy Nou.
What has happened to the previous firm of transport consultants who were signed up by Nelms about two years ago.
Have they told Nelms what has to be done to get approval from Transport Scotland but Nelms on behalf of Dark Blue Property Holdings Limited is not prepared to spend the money, so nothing gets done.
In my opinion it is high time that the DSA committee members ask Nelms what is happening with his new stadium development at Campy Nou and when his PPIP application is going to be submitted for discussion by the Dundee City Council planning committee members.

[BCram]

Last week it was reported in the Courier that Dark Blue Property Holdings Limited had signed up new consultants to deal with their new stadium development at Campy Campy Nou.
What has happened to the previous firm of transport consultants who were signed up by Nelms about two years ago.
Have they told Nelms what has to be done to get approval from Transport Scotland but Nelms on behalf of Dark Blue Property Holdings Limited is not prepared to spend the money, so nothing gets done.
In my opinion it is high time that the DSA committee members ask Nelms what is happening with his new stadium development at Campy Nou and when his PPIP application is going to be submitted for discussion by the Dundee City Council planning committee members.

Maybe the previous consultants could not resolve the issues with TS?

[Returnofrros]

Maybe the previous consultants could not resolve the issues with TS?

Maybe they cannot be resolved.

[BCram]

Maybe they cannot be resolved.

It does seem as though there is something fundamental that has not yet been resolved. Imagine if there was no carparking in the project. Would that be a help? I think the Eden Project is being designed along these principles, and yet there a green corridor approach being pushed for Dock Streer, one of the material routes for buses and cars. It seems odd that there are no clear drawings that show what the club has to do to get planning permission that is acceptable to TS.

[BP33]

Maybe they cannot be resolved.

They don’t need resolved. Like any football ground in the world, they’re will be around 1 hour of travel congestion before and after the game.