Quote Originally Posted by Deeranged View Post
You're right and the stadium we need that's fit for purpose, with proper facilities and isn't falling down, should be Dens Park. Something Nelms and Keyes will never get is that it's a huge part of the club's identity.
They never did their homework prior to purchasing a majority shareholding in Dundee Football Club Limited.
At the time they stated that FPS purchased a majority shareholding because Dundee Football Club was ‘debt free’.
A quick search on the internet would have easily revealed why.
Dundee Football Club Limited had exited Administration in May 2011 shorn of all their debts apart from football debt’ and the outstanding cost of the Administrators fees which at the Dee4life AGM in the Taxi Club in December 2011 the members present were advised that it was being repaid at a monthly cost of £11,500.
From memory the outstanding sum in December 2011 was around £312,000.