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  1. #1
    Join Date
    Jan 2014
    Posts
    7,874
    Quote Originally Posted by Deeranged View Post
    Is FPS / DBPH not set up as an umbrella type company where that company makes the money and covers the costs of the daughter company of Dundee FC? Was that not the justification for them accruing a 75% share holding? If that's the set up then as long as FPS / DBPH is solvent DFC can operate at a loss without any serious concerns surely?

    The access road to the stadium, if it ever gets built, is not an issue because the currently proposed main access for the majority of traffic is directly off Kingsway. If it is the case that it might be a problem I'm sure the council and Transport Scotland will prevent the plans going ahead as presented and insist on alternative arrangements as a condition of approval. I know for a fact that alternatives were proposed by Transport Scotland but am not sure where that part of any new complex is right now.

    For the record one alternative that TS proposed would have taken traffic from the west off Kingsway up Myrekirk Road, Liff Road to the Coupar Angus Road junction at Birkhill. In my opinion an absolutely comical suggestion.
    I thought that the 75% share holding was to give them more powers.
    You will notice that on 8th February 2020 FPS swapped loans totalling £605,647 for just over 45 Million shares.
    In my opinion this had to be done as a result of just over £202K shares having been purchased by minority Dundee Football Club Limited shareholder to allow FPS to maintain their 75% shareholding.
    Last edited by islaydarkblue; 02-03-2020 at 11:42 PM. Reason: More information

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