Mcpake/yanks

[noahrab]

I wasn't at that meeting

Too busy creating an online persona no doubt.

[Deeranged]

Too busy creating an online persona no doubt.

No, it was a Scottish Separatist Front meeting night. All about priorities.

[islaydarkblue]

I wasn't at that meeting

You must have had a good idea of what was discussed about the Stadium Buy Back at the meeting.

[Deeranged]

You must have had a good idea of what was discussed about the Stadium Buy Back at the meeting.

I know exactly what the plan was, a bit too complicated to write it all out though. Main point to note is that if anyone raises a penny in the name of Dundee FC the BoD, and Nelms in particular, believes it should go directly into the general club funds for him to spend as he sees fit. To propose some of it be set aside to help fund the purchase of a stadium he doesn't want the club to own was never going to be sanctioned.

I'll meet up with you some day, explain it to you, tell you exactly how the conversation went and who was involved. Would be an eye opener for lots of people.

[noahrab]

No, it was a Scottish Separatist Front meeting night. All about priorities.

Agenda item 1 - Why we hate the English.

[islaydarkblue]

I know exactly what the plan was, a bit too complicated to write it all out though. Main point to note is that if anyone raises a penny in the name of Dundee FC the BoD, and Nelms in particular, believes it should go directly into the general club funds for him to spend as he sees fit. To propose some of it be set aside to help fund the purchase of a stadium he doesn't want the club to own was never going to be sanctioned.

I'll meet up with you some day, explain it to you, tell you exactly how the conversation went and who was involved. Would be an eye opener for lots of people.

Thank you for your post.
I have a fair idea what was discussed and that a business plan was prepared which was handed to John Nelms who was not interested.
I do not know whether Tim Keyes was given the details of the Stadium Buy Back business plan.
However back then there was no 1893 Foundation so John Nelms would not have known whether Dundee supporters would have cut back handing over money to Dundee Football Club to donate their money for a Stadium Buy Back fundraising campaign.
I do not understand why Tim Keyes is happy to pay an escalating annual rent to Sandeman Properties Limited when a well thought out proposal had been submitted to John Nelms to buy back Dens Park.
Dundee Football Club are currently responsible for all repairs, maintenance and improvements to Dens Park so nothing would change apart from the club not having to pay an increasing annual rent of Dens Park.
According to the enclosed Dundee Football Club Limited annual accounts for the year ending 31st May 2019 the annual rental payable for Dens Park was £71,000 while in 2018 it was £65,000. See Item 16 which shows the remaining rents, due until the end of the lease. https://d1ssu070pg2v9i.cloudfront.ne...ounts-2019.pdf
The enclosed annual accounts for the year ending 31st May 2020 show that the annual rental for 2020 had increased to £78,000. https://d1ssu070pg2v9i.cloudfront.ne...unt-201920.pdf
Back in February 2015 FPS were putting all their energies into getting the Regional Sports Centre costing £21 million at Caird Park up and running with no mention of a new stadium development at the former NCR Camperdown grounds.

[BCram]

No matter how it was planned a buy back could have diverted money away from supporting the playing side.
Having said that I think that changing Dens ownership from Sandeman Properties to say DFCSS would not have altered the fact that FPS would still have had to sign a full repairing lease with an organisation that had A shares and would want to enforce the safeguards which had a reference to Dens.

The new stadium proposal should be revisited in my opinion. Not solely because of the transport issues but because covid has had a significant effect on the economy and the fixation with climate change might have created significant new opportunities for the Campy site.

I'd like to think that the money made out of a new proposal at Campy might generate funds for FPS to buy back Dens and refurbish the ground. The trouble is that the model for financing Dens going forward is often held up as St J with their funeral teas and conference facilities and the footprint at Dens isn't nearly as big as McDairmid.

I

[Deeranged]

No matter how it was planned a buy back could have diverted money away from supporting the playing side.

It would have been new money. You can't divert money that isn't yet coming your way.

Very strange comment.

[BCram]

It would have been new money. You can't divert money that isn't yet coming your way.

Very strange comment.

That's why I said could have. People who might not have wanted the FPS involvement could have decided to support the buy back as their way of supporting the team rather than buy a season ticket.