Think the rent appears as a liability in the accounts and it is reduced with each year of payment.
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Think the rent appears as a liability in the accounts and it is reduced with each year of payment.
As far as I am aware there was an agreed total sum of rent due to be paid over a substantial period time which might have been 20 years.
The rental payments were low at the beginning which them increasing in size every year until the rental payments ended after the end of the agreed period.
You would need to ask Bob Brannan who was the Dundee Football Club Limited Chairman in 2009 what the annual rental payments were, what was the agreed increase every year and when the rental agreement was due to end.