Dee4life October newsletter

[islaydarkblue]

I am very surprised that there have been no comments regarding my information that the directors of Sandeman Properties Limited have borrowed money from the Isle of Man based financial company Soho Green putting up Dens Park Stadium as security for the loan.
This is not the first time that this has happened.
The Directors of Dark Blue Property Holdings Limited which is now the holding company for Sandeman Properties Limited and Dens Park DBPH Limited borrowed money from Soho Green putting up the whole of the 29.7 acres site of the new stadium development at the former NCR Camperdown grounds as security for the loan. https://find-and-update.company-info...3_m0WhNtfe4WjM
The Application form which is enclosedin the details of the above standard security was dated 24th November 2022.

[BP33]

I am very surprised that there have been no comments regarding my information that the directors of Sandeman Properties Limited have borrowed money from the Isle of Man based financial company Soho Green putting up Dens Park Stadium as security for the loan.
This is not the first time that this has happened.
The Directors of Dark Blue Property Holdings Limited which is now the holding company for Sandeman Properties Limited and Dens Park DBPH Limited borrowed money from Soho Green putting up the whole of the 29.7 acres site of the new stadium development at the former NCR Camperdown grounds as security for the loan. https://find-and-update.company-info...3_m0WhNtfe4WjM
The Application form which is enclosedin the details of the above standard security was dated 24th November 2022.

There are no comments, because I, and I assume, most other posters are tired of your constant negativity about our football club, and owners.

[islaydarkblue]

There are no comments, because I, and I assume, most other posters are tired of your constant negativity about our football club, and owners.

You and the rest of the Dundee supporters will be the first to complain if the Sandeman Properties Limited directors do not replay their loan from Soho Green in full and Soho Green are left owning Dens Park.
I am astounded that there have been no comments about the loan that the Dark Blue Property Holdings Limited directors obtained almost a year ago also from Soho Green secured against the whole of the Campy Nou site.
The amount of their loan is listed in their annual accounts for the year ending 31st May 2023 on the Companies House website.

[Deeranged]

The amount of their loan is listed in their annual accounts for the year ending 31st May 2023 on the Companies House website.

A lot of people can't decipher annual accounts or, mostly, can't be bothered looking them up - what is the amount?

[islaydarkblue]

A lot of people can't decipher annual accounts or, mostly, can't be bothered looking them up - what is the amount?

£1,130,322

[BP33]

£1,130,322

Not a lot of money, in this day, and age.

[islaydarkblue]

Not a lot of money, in this day, and age.

It is if you are being charged an annual interest rate of between 9% and 24% according to the Soho Green website.