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Who is funding
The land bought?
The architects fees?
Planning applications?
Is this a debt being accrued by the football club or separately by FPS?
I did see an interview with Nelms where he stated if campy doesn't happen we stay at dens.
Do we just assume he is lying or do we believe him?
I'm sure that's just subjective I suppose.
Those he fear playing at the land of 5 stands must believe he is lying,but nobody can be sure that is a fact.
The answers to your questions are.
1.Dark Blue Property Holdings Limited have been funding things to date. Their annual accounts are available to read on the Companies House website including their latest annual accounts for the year ending 31st May 2023 being rushed through and published in their filing history on the Companies House website on 3rd October 2023 well in advance of their deadline date of the end of May 2024.
2.The land was purchased on 8th July 2016 (Source Land Register website).
3. Dark Blue Property Holdings Limited
4. Two Pre Application Notice meetings held in September 2017 and September 2022.
NB Pre Application Notice meetings which are held for large planning applications are normally held just before an application for full planning permission is submitted to a local authority not once every five years.
5. The debt is being accrued by Dark Blue Property Holdings Limited (DBPHL) which has nothing to do with Dundee Football Club or FPS apart from DBPHL having two common directors with Dundee Football Club Limited.
FPS stands for Football Partners Scotland LP who own 75% of the issued share capital of Dundee Football Club Limited with Tim Keyes and John Nelms being partners in FPS. The latest Dundee Football Club Limited annual accounts for the year ending 31st May 2022 which are freely available to read in the ‘Club’ section of Dundee Football Club website lists in the notes to the annual accounts that Tim Keyes is the main entity in Football Partners Scotland LP.
I have never seen an interview where Nelms stated that if Campy doesn’t happen we stay at Dens. Nelms has stated on numerous occasions that he does not have a Plan B if the new stadium development at Campy Nou does not go ahead.
The $64,000 question is. Do we believe him or is he lying.
In my opinion Nelms did not do his homework before persuading Tim Keyes to purchase the 29.7 acres site at the former NCR Camperdown grounds and the former entrance to the NCR Camperdown factory for £1,296,000 on 8th July 2016 from Vico Camperdown Limited.
If he had he would have discovered that this site had been on sale since the owners Vico Camperdown Limited who had the site valued at £1,500,000 in their annual accounts had failed in 2005 to obtain full planning permission for 600 houses and flats on the site in addition to a small retail development including a garden centre.
Last edited by islaydarkblue; 05-02-2024 at 11:56 AM.
https://www.pressreader.com/uk/the-c...82303914777394
This was not the interview but interesting none the less.
Thanks for this.
Unfortunately there are two glaring mistakes in George Cran’s timeline article from last October.
2009 Lloyds Banking Group as a result of rescuing HBOS in 2008 started writing off most of HBOS’s outstanding debts due to them. Dundee Football Club were still due HBOS £7 million as a result of not all the outstanding debts being written off after the end of Admin 1 when Lloyds Banking Group rescued HBOS from bankruptcy.
Lloyds Banking Group wrote off £6.5million of the outstanding debt and sold the title deeds of the Dens Park Stadium to John Bennet for £500,000. John Bennet became the sole director of Sandeman Properties Limited with the previous directors Ian Bodie, Bob Brannan and George Kinight resigning.
2022. Dark Blue Property Holdings Limited submitted an application to Dundee City Council planning department to hold another Pre Application Notice meeting which was held on 26th September 2022 in the Landmark Hotel, Dundee.
They did not submit fresh plans for a new 15,000 seater stadium at the Camperdown site.
He most certainly will not be lying. It is impractical to expect answers to all the questions about Campy. By following the financial statements that have been made and looking at the public records, a la Islay, you can see some of the financial details but it is a very big step, imo, to say that the information that has been posted on here is proof of anything.
Wait and see. Don't sleep walk into a situation where our support is divided against itself. Back the team and the manager, something that Rross has made continuous positive comments about.
No new stadium does not seem to me to create a threat to the team's future. The two are linked by the shared ownership but they are two different operations imo.