Question for Islay

[islaydarkblue]

So the accounts for end of may 24 will show a lesser debt due to the share increase in April yes?
As for the loan how much was it for and for how long?
It is obviously getting paid so dens is at the moment owned by sandman properties.
So in effect at the moment the club as in Dundee fc have no debt due?
Tim Keyes is without doubt the best owner we have had and put the most cash in.
Happy we that.

I enclose the Dundee Football Club Limited Filing History from the Companies House website. https://find-and-update.company-info...filing-history
I suggest that you study and click on the latest annual accounts and share transaction which took place on 26th April 2024 and was posted on the Companies House website on 29th April 2024.
You should also carefully read the notes in the annual accounts for the year ending 31st May 2023 which states that accounts for the next two financial years will be similar ending 31st May 2024 and 31st May 2025 followed by an improvement after that. See Note 3 - Going Concern.
This means that the directors of Dundee Football Club expect to make a loss of £2.8 million for each of these two financial years which will increase the debt by the same corresponding amounts of £2.8 million per year.
This means that John Nelms who signed the accounts is still thinking that his new stadium at Campy Nou will be built and ready for use in August 2025 which will improve the Dundee Football Club Limited annual accounts for the year ending 31st May 2026.
I also suggest that you look at the Soho Green, Isle of Man website where it explains how loans they have granted are repaid including the usual timescales.