Quote Originally Posted by BCram View Post
Would like to see Dee4Life and DSA and OLG trying to raise some money. It looks as though funding will be coming from sources other than FPS. Why should supporters be excluded as a possible source of funds. As Deeranged has pointed out if Dee4Life had started a Buy Back Dens Fund when FPS took over there could be a chunk of money possibly enough to pay for the purchase of Dens.

I know there are some of our fans who say that Dens is finished but I don't understand why paying a rent for a property that you could own is such a good idea, especially if there is an intrinsic value in the site.
Sadly the Dundee supporters including myself believed Nelms and Keyes when they stated after acquiring a majority shareholding in Dundee Football Club Limited that they would buy back Dens Park with the supporters fund raising to pay them back.
Sadly once the Yanks got their feet under the table they moved the goalposts. They were not interested in buying back Dens Park, nor did they want a fans buy back of Dens Park from Sandeman Properties Limited as they wanted Dundee supporters to put their spare money into Dundee FC.
Back in 2014 there was no requirement for the annual rent and the total rent payable to be stated in Companies annual accounts.
However that changed in June 2016 with the introduction of the new FRS 102 rules which stated that annual rental and the outstanding rental until the end of a lease had to be shown in a companies annual accounts.
This meant that the Directors of Dundee Football Club Limited had to state in their annual accounts how much rent they had paid in rent to Sandeman Properties Limited annually plus the total amount of outstanding rent until the end of the lease.
At a stroke this information is no longer hidden from view and it has been discussed at length in the various Dundee FC supporters forum.
Sadly there has been silence from John Nelms about the annual escalating rental paid by the club to Sandeman Properties Limited.