When FPS offered £8,000 for all the A shares which included the entrenched the DFCSS board of directors and their members said no. FPS offered such a derisory offer because the all the Dundee Football Club Limited shares held by DFCSS including the A shares were valued in their annual accounts at a nominal £1.
I insisted that the true value of all the shares held by DFCSS in Dundee Football Club Limited including the A shares at 1.35p each was stated in the DFCSS annual accounts for the year ending 31st May 2020.
This would prevent another derisory offer by FPS in the future.
FPS are happy to value the Dundee Football Club Limited shares at 1.35p each when they carry out their debt for equity’ share transactions so it is only right that DFCSS do likewise.
I agree with you.
I would never attend a Dundee home game if it was played at Tannadice.
The staff at Dens Park should hand John Nelms the Dundee FC books about out history prior to FPS acquiring a majority shareholding in
Dundee Football Club Limited so he can swot up on them before he goes doing something stupid like persuading Tim Keyes buying and selling Dens Park and then ground sharing at Tannadice.
If John Nelms and Tim Keyes think the losses are bad just now they will be at least double that when the Dundee supporters boycott Tannadice and the sale of season tickets drop dramatically.
Any ideas what paying for half the running costs of Tannadice would be based on their current set of accounts?
Sharing tannadice (more like renting a room) for any length of time will hurt the club, permanently.....it kills it.
But dosent appear to me anything has been announced and when/if it is then .....meh.
Nelms has ripped the enthusiasm/give a **** out of everything.
One piece of good news, surely we wouldn't need a respected stadium manager at Gayfield/Forfar/Perth.
Coventry City and Bristol Rovers lost a list of supporters when they had to ground share at football clubs a distance away from their previous home ground.
Gretna went bust partly as a result of having to ground share at Motherwell and it cost IET a fortune ground sharing at Pittodrie as a result of them not having 10,000 seats in their ground when they gained promotion to the Premier League.
It was subsequently reduced to 6,000 seats to accommodate Greater Glasgow based Hamilton Accies.
Hamilton Accies rent New Douglas Park or whatever it is now called only on match days. The stadium is owned by a company which from memory is owned by a Hamilton Accies director.
According to the Hamilton Accies annual accounts for the year ending 31st May 2020 Hamilton Academical Football Club paid an annual rental of £60,000 for use of the stadium on match days.
Last edited by islaydarkblue; 22-11-2021 at 10:21 PM.
You have put forward what I think makes sense if you were a Dundee FC supporter. Say it costs £365k for all the costs of running a stadium., or £1000 per day. I think it very unlikely that DFC would get away with £36k to use the facility on 36 days. Would it not be in our interests to share the facilities straight down the middle?