So the scenario

[Returnofrros]

ialways thought they gave us protection to a certain level of debt/takeover by amalgamation etc

i should hope so the dfcss know exactly what powers they have J

Permanent move to tannadice, colours and name if I remember correctly.

But the scenario I was always worried about is this.

Nelms says " we don't want to go to Perth but these daft A shares mob are blocking a move to tannadice, then pressure is applied from our own support to move to tannadice temporarily rather than out of town.

Then we are at tannadice, then planning permission stadium dosent happen then it's so much easier to stay there and eventually amalgamate.

I know this is a stretch of imagination but who thought we would knock down Dens without planning permission, spade in the ground?

I don't think Nelms or Keyes have any credit in the bank with regards to trust.

I don't think there's anything like enough questions being asked, people more worried if it's gonna be a super duper stadium or just a super stadium.

[Returnofrros]

Once we are out of Dens the A shares become less powerful if/when things go tits up.

It could be a case of having to accept whatever unpalatable scenario is placed in front of us or kill the club......would turkeys vote for Xmas?

[jdfc]

ialways thought they gave us protection to a certain level of debt/takeover by amalgamation etc

i should hope so the dfcss know exactly what powers they have J

Just had members email from Dee4life, A shares can stop us ground sharing any where over a season

[dayster]

Copy / paste from the AoA on companies house

The following will be deemed to constitute a variation of the rights attached to
the "A" Ordinary Shares:
6.7.1 the passing of any resolution to appoint a liquidator to the Company;
6.7.2 the sale or transfer of the whole, or substantially the whole, of the
business and assets of the Company;
6.7.3 the making of a dividend or any form of distribution to the shareholders
of the Company (including, without prejudice to the generality of the
foregoing, any purchase or redemption by the Company of its shares);
6.7.4 the approval of any transaction between the Company and its directors
(or any person connected to the Directors) which requires to be
authorised or approved by the shareholders of the Company under the
Statutes (including, without prejudice to the generality of the foregoing,
section 190 of the Companies Act 2006);
6.7.5
the Company entering into any arrangements under which the First
Team will habitually play its "home" games at a location other than the
Stadium, except for temporary arrangements for a period not exceeding
one year on health and safety grounds or due to the unavailability of
the stacium:
676
any material change to the primary "home" colours of the First Team, or
any material change to the badge appearing on any playing uniforms of
the First eam:
677
the Company entering into any arrangements under which any other
professional or semi-professional football team habitually uses the
Stadium to play its "home"
games, except for temporary arrangements
for a period not exceeding one year;
6.7.8
any arrangements under which, for the purposes of any competition in
which the First Team is entered, the First Team is considered to be
amalgamated or merged with an equivalent team which is (or, prior to
such arrangements, was) registered as a separate member of the
Scottish Football Association and/or any other relevant body;
6.7.9 the incurrence or accrual by the Company of Debt in excess of an
aggregate amount at any time of £50,000, except for:
hire or lease purchase, or any other form of asset finance, to
effect the purchase of moveable assets; and
any other debts or obligations incurred in the ordinary and
proper course of business which will be paid within 12 months
of being incurred;
6.7.10 any issue of any new shares or any variation of the issued share capital
which adversely affects the rights attaching to the "A" Ordinary Shares
(and, for the avoidance of doubt, the rights attaching to the "A" Ordinary
Shares shall be deemed to adverse aecte 1anv

[Returnofrros]

Just had members email from Dee4life, A shares can stop us ground sharing any where over a season

Ahh so they wud have to rebuild Dens.😂😂😂

[Deebunked]

In theory then, the holders of A shares can simply say we are not moving to campy as it's not Dens?

[islaydarkblue]

In theory then, the holders of A shares can simply say we are not moving to campy as it's not Dens?

Correct. Entrenched right 6.7.5 explains this.

[Returnofrros]

Curious did the society ask questions re new stadium and move from Dens today or have they been asked for a while and gone unanswered.

[dayster]

Curious did the society ask questions re new stadium and move from Dens today or have they been asked for a while and gone unanswered.

Link to article from March on questions raised
https://www.thecourier.co.uk/fp/spor...tions-stadium/

[Deebunked]

You're prepared to say you'll end your support for the club based on something that you don't know will be the case?

Superfan.

According to the announced plans he will be right, one entry and one exit. The exit especially is farcical