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Thread: Official Nelmsy Campus Countdown

  1. #611
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    Quote Originally Posted by islaydarkblue View Post
    BBC Scotland The Nine were planning to broadcast at the end of October 2022 a article about the new stadium development at the former NCR Camperdown playing fields.
    This was a month after the second Pre Application meeting held in the Landmark Hotel Dundee for new stadium development had taken place.
    The Dee4life secretary at the time had been interviewed and BBC Scotland The Nine had contacted Dundee Football Club asking for an interview.
    They never received a reply and the article was never broadcast.
    Once again JN retreated into his bunker and waited until people gave up waiting for an answer.
    In my opinion BBC Scotland The Nine should have broadcast the interview with the Dee4life secretary and stated that they had contacted the managing director of Dundee Football Club for an interview but at time of broadcast they had not received a reply.
    That might have flushed John Nelms out of his bunker.
    To be honest Islay, I think picking on John Nelms is not working. Let's see what happens after the planning application decision is announced.

  2. #612
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    Quote Originally Posted by BCram View Post
    To be honest Islay, I think picking on John Nelms is not working. Let's see what happens after the planning application decision is announced.
    People need to know that John Nelms shuts himself away in his bunker if he does not like being asked certain questions.
    You would have thought that Nelms would have been happy to tell the viewers of BBC Scotland The Nine the latest news regarding his new stadium development at the former NCR Camperdown playing fields.
    Instead we get no news apart from him periodically rolling out his Lego box design and now his computer aided design for his new stadium development.
    Doing nothing and waiting to see what happens after the planning decision is announced is not an option.
    Tim Keyes might decide to sell the site with planning permission, cut his losses and stop bankrolling Dundee Football Club Limited which would have disastrous consequences for Dundee FC possibly resulting in Admin 3.

  3. #613
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    Quote Originally Posted by islaydarkblue View Post
    You must have missed the Dee4life AGM held by Zoom where during the Q and A it was explained by Ian Baird all the work he had put into buying back Dens Park from John Bennett in 2014.
    The cost of repaying FPS after they had stated prior to the vote in August 2013 that they would buy back Dens Park for the Dundee supporters had been calculated on a repayment of 750k.
    This consisted on 250k in donations.
    A bank loan of 250k.
    Fund raising of 250k.
    Dens Park would be owned by the supporters probably in a Community Interest Company with Dundee Football Club Limited paying a peppercorn rent of one pound per annum.
    Dundee Football Club would have a lease with them being responsible for all repairs and maintenance of Dens Park which happens at present.
    250k of fund raising was a big ask but with a feel good factor at that time and the club back playing in the Premier League it was not insurmountable especially as fans buying back their football stadium would attract worldwide interest and donations from far and wide.
    Importantly Dundee Football Club Limited would have no longer been paying an ever increasing annual rent to John Bennett of Sandeman Properties Limited.
    Can I ask why people would have got behind this plan if the organiser was the very group who arranged the ever increasing rent in the first place?

  4. #614
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    Quote Originally Posted by Deebunked View Post
    Can I ask why people would have got behind this plan if the organiser was the very group who arranged the ever increasing rent in the first place?
    The Dundee supporters at the time were keen to buy back the title deeds of Dens Park from John Bennett. You might not have been keen on it and that is your choice.
    Dens Park would have been held in a Community Interest Company the same as the current Dundee FC Academy Community Interest Company.

  5. #615
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    Quote Originally Posted by islaydarkblue View Post
    The Dundee supporters at the time were keen to buy back the title deeds of Dens Park from John Bennett. You might not have been keen on it and that is your choice.
    Dens Park would have been held in a Community Interest Company the same as the current Dundee FC Academy Community Interest Company.
    What Dundee supporters? There was no minuted dee4life board decision to meet with John Bennett and agree an increase year after year on the rent unnecessarily.

    In fact the ridiculous rent was agreed and no attempt was ever made to buy dens, isn't that closer to the fact of it?

  6. #616
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    Quote Originally Posted by Deebunked View Post
    What Dundee supporters? There was no minuted dee4life board decision to meet with John Bennett and agree an increase year after year on the rent unnecessarily.

    In fact the ridiculous rent was agreed and no attempt was ever made to buy dens, isn't that closer to the fact of it?
    Good questions. Goes right back to the time we were fan owned so surely there will be someone who knows how the arrangement with John Bennett was structured. Think the process of low initial rent with steps up annually until it gets to the level of a commercially competitive rent is well established. There should not be a problem provided the business who has signed the lease has the profitability to pay up. Think that might have been our downfall and getting FPS to take over was a good move, imo.

  7. #617
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    Quote Originally Posted by Deebunked View Post
    What Dundee supporters? There was no minuted dee4life board decision to meet with John Bennett and agree an increase year after year on the rent unnecessarily.

    In fact the ridiculous rent was agreed and no attempt was ever made to buy dens, isn't that closer to the fact of it?
    There was an agreement in place to pay an annual rent for Dens Park after John Bennett purchased the title deeds for Dens Park from Lloyds Bank Group in 2009 for Five hundred thousand pounds. The annual rent payable to John Bennett was agreed by the DFC Ltd board of directors at that time which included Bob Brannan and Calum Melville.
    Lloyds Bank Group wrote off the remaining eight million, five hundred thousand pounds due to HBOS by Dundee Football Club Limited.
    Last edited by islaydarkblue; 20-11-2024 at 01:19 AM.

  8. #618
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    It has been well documented that FPS purchased a majority shareholding in Dundee Football Club Limited because we were debt free.
    There was a simple explanation for this which any prospective purchaser would have easily discovered if they had done their homework.

  9. #619
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    Quote Originally Posted by islaydarkblue View Post
    There was an agreement in place to pay an annual rent for Dens Park after John Bennett purchased the title deeds for Dens Park from Lloyds Bank Group in 2009 for Five hundred thousand pounds. The annual rent payable to John Bennett was agreed by the DFC Ltd board of directors at that time which included Bob Brannan and Calum Melville.
    Lloyds Bank Group wrote off the remaining eight million, five hundred thousand pounds due to HBOS by Dundee Football Club Limited.
    That is correct and that rent was very reasonable.

    How did the Club end up moving away from that reasonable rent and into an increasingly difficult year after year increase rental agreement?

  10. #620
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    Quote Originally Posted by Deebunked View Post
    That is correct and that rent was very reasonable.

    How did the Club end up moving away from that reasonable rent and into an increasingly difficult year after year increase rental agreement?
    You seem to be an expert on this subject.
    What was the original annual rent.
    How much did it increase each year.
    When was the rental period due to end.

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