Official Nelmsy Campus Countdown

[Dens Park Dynamo]

You should be more concerned about the Directors of Dark Blue Property Holdings Limited which is the holding company for Sandeman Properties Limited since 3rd October 2023 borrowing funds from SohoGreen with the Dens Park Stadium being put up as security for their loan.
You do not have to be Einstein to work out what will happen if the loan secured over Dens Park is not repaid in full.

You have mentioned this re the loan from Soho Green and Dens being put up as security for the loan a good few times now Islay.

Do you genuinely think the loan will not be repaid in full? If so what is giving you those doubts.

[islaydarkblue]

You have mentioned this re the loan from Soho Green and Dens being put up as security for the loan a good few times now Islay.

Do you genuinely think the loan will not be repaid in full? If so what is giving you those doubts.

The Dark Blue Property Holdings Limited took out a loan from Soho Green on 24th November 2022 secured over the 29.7 acres site of the new stadium development at the former NCR Camperdown playing fields paying an annual interest rate of between 9% and 24% per annum.
This was 2 months after John Nelms stated that the new stadium development was fully funded and if they needed any extra funds they could easily get the funds from the City of London.
Last week the loan secured against the Campy Nou has not been repaid.
My big concern is that the loan from Soho Green secured against Dens Park Stadium will not be repaid resulting in Soho Green selling Dens Park to the highest bidder.
This could result in Dundee Football Club being kicked out of Dens Park and having to ground share at Tannadice which will eventually result in a merger with the Dabs.
I enclose the Filing History of Dark Blue Property Holdings Limited for your reference. https://find-and-update.company-info...filing-history

[Deeranged]

The Dark Blue Property Holdings Limited took out a loan from Soho Green on 24th November 2022 secured over the 29.7 acres site of the new stadium development at the former NCR Camperdown playing fields paying an annual interest rate of between 9% and 24% per annum.

You're like a stuck record.

You have a concern but nothing to back it up. Maybe just back off this for a bit and give us all a rest from it?

[BCram]

I thought the original purchase price of the Campy site was about ?1.2m, would that be about 8 years ago. Surely there would be some capital appreciation and the land isxworth more than they paid for it?

[Returnofrros]

269.....this thing defo January?

[islaydarkblue]

269.....this thing defo January?

The cases for the next DCC planning committee which is normally held on a Monday evening are usually published in advance on the DCC website.

[islaydarkblue]

I am surprised that there has been no comment about Aberdeen FC abandoning their plans to build a new stadium but instead they are going to update their Pittodrie Stadium. https://www.thescottishsun.co.uk/spo...w-80m-stadium/

[Returnofrros]

I am surprised that there has been no comment about Aberdeen FC abandoning their plans to build a new stadium but instead they are going to update their Pittodrie Stadium. https://www.thescottishsun.co.uk/spo...w-80m-stadium/

There was on another thread

[Returnofrros]

258

[BCram]

There was on another thread

Have made a few posts, on that thread but it just isn't something that is a concern, or so it appears.
Don't see how we can afford to pay the rent, but there isn't much interest in the topic.