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Thread: Official Nelmsy Campus Countdown

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  1. #1
    Join Date
    Jan 2014
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    7,863
    Quote Originally Posted by Deeranged View Post
    There is an annual operating loss however is the loss not being covered by Keyes?
    That is a good question and unfortunately the Dundee Football Club Limited unlike the Dabs annual accounts are very basic and tell us very little.
    The Dabs have an Annual General meeting for their shareholders every year but FPS will not hold an Annual General Meeting for the Dundee Football Club Limited shareholders.

  2. #2
    Join Date
    Jul 2010
    Posts
    833
    Quote Originally Posted by islaydarkblue View Post
    Have you studied the latest set of Dundee Football Club Limited annual accounts for the year ending 31st May 2022. They are horrendous with the debts increasing and the Club incurring an annual loss nearly every season. From memory the latest set of annual accounts for the year ending 31st May 2022 showed a loss of £880k.
    As you well know these losses are covered by FPS. The debts are obviously going to increase, if the fans, don’t come out and support the team. Also due to the lack of facilities at Dens, our commercial opportunities are limited.

  3. #3
    Join Date
    Jan 2014
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    7,863
    Quote Originally Posted by BP33 View Post
    As you well know these losses are covered by FPS. The debts are obviously going to increase, if the fans, don’t come out and support the team. Also due to the lack of facilities at Dens, our commercial opportunities are limited.
    I would not be surprised to see a General meeting of Dundee Football Club Limited shareholders being called on or after 21st May 2024 to increase the authorised share capital from its current £4 million.
    On 21st May 2019 a shareholders General meeting was held where is was agreed after a vote that the authorised share capital was increased from £2 million to £4 million. It was stated at this meeting that the authorised share capital would not increase for five years.
    On 31st May 2019 FPS carried out a debt for equity share transaction swapping £550,000 of debt for shares and the £550,000 of debt was cancelled.
    There have been no debt for equity share transactions since FPS acquired a 75% shareholding a couple of years ago but that might change if the authorised share capital is increased from £4 million to £8 million.
    All these debt for equity share transactions has the effect of devaluing the shareholdings of every other Dundee Football Club Limited shareholder.

  4. #4
    Join Date
    Mar 2023
    Posts
    623
    Quote Originally Posted by islaydarkblue View Post
    When I was young standing on the Dens Park terracing I used to envy the Dundee supporters who had a season ticket to sit in the Centre Stand section in the Main Stand which was the only section of the Main Stand to have individual wooden tip up seats.
    It was my ambition one day to be able to sit in the Centre Stand section of the Main Stand at Dens Park which I have now achieved
    .
    Funny how different folk are. When I was young and going to Dens in the 60s the absolute LAST place I had any ambition to view (I say view because the only thing I knew was standing at a match) would have been the Centre or any part of the Stand which at that time I considered occupied by a bunch of old fogies. I
    at times used to watch from the South enclosure ( can't remember what I called it in those days, wasn't the Derry iirc) or move behind the goals we were shooting into. This, of course, used to involve passing the away support going in the opposite direction sometimes with 'interesting' results.
    Young and daft in those days we got up to things that would never have been tolerated in the Stand and that was the attraction at the time. Now in my 70s I feel more akin to the old style terracing supporter as opposed to the Stand (seated) fan although, of course, modern Stadium designs, all seated, have made us all the same. Currently I watch from the Coxy and would watch from the South also before ever sitting in the Main Stand. It's all about personal choice I suppose.

  5. #5
    Join Date
    Mar 2023
    Posts
    623
    Quote Originally Posted by Returnofrros View Post

    Hopefully better atmosphere........so that's a hope.......I think it possibly will be on game for game basis......but never as good as those classics at Dens......Cologne, Hibs, Dabs 87, Dumbarton.
    Funny how your quoted four games for atmosphere would more or less equate with mine. Atmosphere coinciding with a good result rather than just the good result itself. I suppose that I would add the European Cup ties to your list having been at all four. Other games, although hugely memorable e.g. say the Albert Kidd/Hearts game, the 5-1 gubbing of Celtic, 6-4 annihilation of the DABs in 1971 (how we only won by 2 goals that day I'll never know) etc. etc., really stand out from a performance point of view but the atmosphere didn't reach to the levels of the games you mentioned.

  6. #6
    Join Date
    Jan 2008
    Posts
    5,410
    i would add league cup semi win against ayr when sinky got the winner and also the league cup game against hearts think it was 4-4 then we won on pens.Probably a few others as well.

  7. #7
    Join Date
    Feb 2012
    Posts
    19,513
    Quote Originally Posted by eric_sinclair View Post
    i would add league cup semi win against ayr when sinky got the winner and also t ishe league cup game against hearts think it was 4-4 then we won on pens.Probably a few others as well.
    Missed 4 4 was in Algarve.

    CC33 debut, Aberdeen when Super Tommy got 30th, 4=3 with Simon's fedora.

    Doon derby.

    Hearts and Patrick after admin.

    Neil McCann's winner.

    How do you take your soul to the retail park?

    There's no doubt in me a bit of DFC dies when/if they shut Dens Park ......Allan Pattillos article was very good in that regard.

    It's as near for me as Dens but without going AHH Islay do I fancy a half hour queue to get oot of the campus.

    Record btw is 11 mins from seat in Cox to crossing my front door......

  8. #8
    Join Date
    Jun 2013
    Posts
    422
    I'd add a couple of games from the Deefiant season. The crowd at the Raith game, despite only 5k there, made a racket at the end, after McCann scoring the 95th minute matchwinner, like a full house was in attendance. The final game at Dens of that season a celebration of survival and Deefiance had a reduced price and I think over 8k crowd. The atmosphere that day was superb.

  9. #9
    Join Date
    Jan 2008
    Posts
    5,410
    Quote Originally Posted by islaydarkblue View Post
    Have you studied the latest set of Dundee Football Club Limited annual accounts for the year ending 31st May 2022. They are horrendous with the debts increasing and the Club incurring an annual loss nearly every season. From memory the latest set of annual accounts for the year ending 31st May 2022 showed a loss of £880k.
    Is it a bank debt or a tax debt?

  10. #10
    Join Date
    Jun 2013
    Posts
    5,536
    Quote Originally Posted by BP33 View Post
    As you well know these losses are covered by FPS. The debts are obviously going to increase, if the fans, don’t come out and support the team. Also due to the lack of facilities at Dens, our commercial opportunities are limited.
    The worry is that despite all the losses incurred to date there seems little attempt to increase turnover by playing up the efforts of the manager and his team. Everything gets pulled off this really positive message by the Campy project. Maybe saying "everything" is an exaggeration, but I can't help but think that if the pitch was in good nick and there was no Campy project we would be absolutely flying.

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