Quote Originally Posted by islaydarkblue View Post
It might be for their company Dark Blue Properties Holdings Limited who own Campy Nou but I doubt if their is a tax loss benefit for Dundee Football Club Limited as they only own 75% of the shares.
If FPS (Tim Keyes) owned 100% of the shares in Dundee Football Club Limited then their could be a tax loss benefit.
Interestingly FPS have not carried out another ‘Debt for Equity’ share transaction when their annual accounts for the year ending 31st May 2020 were signed off by John Nelms as a director of Dundee Football Club Limited on 28th May 2021.
Think their shareholding is greater than 75% and they did achieve their target of being able to offset losses made at DFC against group profits. Maybe the capitalisation of the earlier losses made this group tax situation viable and there was no need to repeat the process? I am not an expert. I think this was discussed at the time the club wanted to buy DFCSS shareholding.