Official Nelmsy Campus Countdown

[eric_sinclair]

I think you might be right. In the beginning the idea was a Crematorium with funeral teas being supplied in the hospitality facility linked to the stadium. Don't think that model will work, but I may be wrong.
Interesting to look at the figures provided by Geoff Brown to explain his issues when trying to sell McDairmid. Ground close to the A9 was sold for £1m per acre. McDairmid has 22 acres. How do you value St J. Break it up and redevelop as housing etc gives one end of the scale based on change of use. Keep it as a football ground might give the other, lower end of the scale for a value.
Just thinking that maybe a new football stadium isn't an obvious route to financial stability.

One of the reasons I want the new stadium is it would improve the club imo and would shut down what is probably the sensible financial idea,ground share.

Nelms gets it tight on here and he brings a lot on himself but we shud also remember what FPS have done for the club in the last 10 years.
You can't compare them to
Cook
Dixon
Marr
Melville
The main reason being stability which we have for the first time since gellaty,altho bill Colvin was very good for the club also.

[islaydarkblue]

[QUOTE=eric_sinclair;40422111]One of the reasons I want the new stadium is it would improve the club imo and would shut down what is probably the sensible financial idea,ground share.

Nelms gets it tight on here and he brings a lot on himself but we shud also remember what FPS have done for the club in the last 10 years.
You can't compare them to
Cook
Dixon
Marr
Melville
The main reason being stability which we have for the first time since gellaty,altho bill Colvin was very good for the club also.[/QUOTE
It is Tim Keyes who is bankrolling Dundee FC albeit converting the debt to shares resulting in FPS owning 75% of the insured share capital.
It will be interesting to see what happens in May 2024 when the five year limit for not increasing the share capital of Dundee Football Club Limited runs out.
I expect the authorised share capital to rise from £4 million to £8 million which will allow FPS to convert their mounting accumulated losses into shares.