chomp my root Posted 2 March 2017 Posted 2 March 2017 Speaking to a mate after the game who pointed out that the 200K figure included the work done on the SE to keep the licence after the 'pitch invasions'. That was a one off cost which would have made up a healthy chunk of the 200K, could be FPS are keen to make the most of this expensive 'upkeep' to do what they want to do anyway. Just something else to consider. 1
Gedee Posted 2 March 2017 Posted 2 March 2017 18 minutes ago, chomp my root said: Speaking to a mate after the game who pointed out that the 200K figure included the work done on the SE to keep the licence after the 'pitch invasions'. That was a one off cost which would have made up a healthy chunk of the 200K, could be FPS are keen to make the most of this expensive 'upkeep' to do what they want to do anyway. Just something else to consider. 'Morn CHOMP ... " FPS are keen to make the most of this expensive 'upkeep' to do what they want to do anyway" I think this will be the case and I am not criticising them for that. I think they are business people first & foremost with a strong interest in football, & a growing love for DFC. But their long successful experience in business, means they can detached/separate, theirselves, from sentiment, then be analytical & pragmatic. However much we love Dens (memories, history, heritage) it's clear to most of us, it would be a continuing drain on or precious (hope not diminishing) resources Business people are successful (imo) because as well as having an eye on the future trends etc, they see the spending of money, as more part of an investment. They might occasionally Doff their Dark Blue Scarf and Tammy. But their Business Hat's no' sae far awa) Meanwhile for now C'mon the Mighty Dee
Boba Fett Posted 2 March 2017 Posted 2 March 2017 59 minutes ago, chomp my root said: Speaking to a mate after the game who pointed out that the 200K figure included the work done on the SE to keep the licence after the 'pitch invasions'. That was a one off cost which would have made up a healthy chunk of the 200K, could be FPS are keen to make the most of this expensive 'upkeep' to do what they want to do anyway. Just something else to consider. Aye.. the reaction to a £530k over spend has been almost entirely positive due to some comms coming out on other bits and pieces being at the same time.. Will need to remember that tactic with the wife if I ever lose our life savings down the Casino. 1
chomp my root Posted 2 March 2017 Posted 2 March 2017 1 hour ago, Gedee said: 'Morn CHOMP ... " FPS are keen to make the most of this expensive 'upkeep' to do what they want to do anyway" I think this will be the case and I am not criticising them for that. I think they are business people first & foremost with a strong interest in football, & a growing love for DFC. But their long successful experience in business, means they can detached/separate, theirselves, from sentiment, then be analytical & pragmatic. However much we love Dens (memories, history, heritage) it's clear to most of us, it would be a continuing drain on or precious (hope not diminishing) resources Business people are successful (imo) because as well as having an eye on the future trends etc, they see the spending of money, as more part of an investment. They might occasionally Doff their Dark Blue Scarf and Tammy. But their Business Hat's no' sae far awa) Meanwhile for now C'mon the Mighty Dee You misunderstand me Gedee, I'm optimistic about a move to a purpose built ground. My point is that like anyone else FPS might not be 'detaching/separating' from sentiment but rather using information to push their own agenda. It smacks of 'leading us by our noses' and that's what I don't like. Ultimately its their train set so they'll do what they want to but this 'spin' doesn't sit well with me even if I'm broadly in agreement with their intent. It was like the offer to give the Society first dibs on FPS's shares if/when they sell up, it was a sop, all concerned knew that it was an empty offer, where would the Society find that kind of cash. It does make me wonder about the 'small print' on any rental agreement, while FPS might have a soft spot for us, as you say they are business people first and foremost.
Gedee Posted 2 March 2017 Posted 2 March 2017 14 minutes ago, chomp my root said: You misunderstand me Gedee, I'm optimistic about a move to a purpose built ground. My point is that like anyone else FPS might not be 'detaching/separating' from sentiment but rather using information to push their own agenda. It smacks of 'leading us by our noses' and that's what I don't like. Ultimately its their train set so they'll do what they want to but this 'spin' doesn't sit well with me even if I'm broadly in agreement with their intent. It was like the offer to give the Society first dibs on FPS's shares if/when they sell up, it was a sop, all concerned knew that it was an empty offer, where would the Society find that kind of cash. It does make me wonder about the 'small print' on any rental agreement, while FPS might have a soft spot for us, as you say they are business people first and foremost. Hi chomp ... Eh think we might be "half-agreeing" wi' each other (if that's possible) But eh dinnane really want to go into this again ... in case baith you & me get further confused Anyway, as you may have noted (as on meh ither threed, aboot daith & funerals) eh've got far mair important things to think aboot No the least being ... should eh bather growin' tomatoes this year !! Eh ken, realistically, Satanic,Cult Leader ... KH, will steal them awe anyway !! But the question the noo is, am eh goin tae be here, tae at least pit up a fight
blythswood Posted 2 March 2017 Posted 2 March 2017 1 hour ago, Boba Fett said: Aye.. the reaction to a £530k over spend has been almost entirely positive due to some comms coming out on other bits and pieces being at the same time.. Will need to remember that tactic with the wife if I ever lose our life savings down the Casino. Maybe a bit unfair. The risk was mitigated as we had Stewart and Hemmings, possibly Bain also, to cover the loss. Some risk is inevitable in business, more so in football. The Board are to be commended for such excellent backing of the manager, should they have held money back from him instead? If the manager had performed to the level of his budget we'd be returning a profit. Cup runs and league placing very disappointing thus far.
Edin_Dee Posted 2 March 2017 Posted 2 March 2017 12 minutes ago, blythswood said: Maybe a bit unfair. The risk was mitigated as we had Stewart and Hemmings, possibly Bain also, to cover the loss. Some risk is inevitable in business, more so in football. The Board are to be commended for such excellent backing of the manager, should they have held money back from him instead? If the manager had performed to the level of his budget we'd be returning a profit. Cup runs and league placing very disappointing thus far. The board budgeting for top 6 and Hartley having a top 6 budget are too different things. I suspect the difference between our spending budget and the teams around us fighting for top 6 was negligible. I do think Hartley assembled a squad that should have got top 6 last season but we would not have returned a profit even if we had. The difference between 6th and 8th prize money was under £160k last year. Granted the timing of when you receive that money is different. The cup run (income wise) was decent. We would also have received less gate receipts by finishing top 6 last season given there would have been no derby. 1
SuperDee Posted 5 March 2017 Posted 5 March 2017 I've been reading a lot of other forums to hear what supporters from other clubs feel/think of us getting a new stadium. The general consensus among them is that it won't happen, and how are we getting money for this. The Courier podcast the other night, also suggested doubts of how Dundee are funding this. Now, we all know the history of Dundee, the 'owners/investors' of the past and we are all wary of any forthcoming. However, when Bill Colvin (who wouldn't put this club at harm), says the Keyes family are the real deal, then we have to trust him. Now, back onto the 1st point, how are we funding the £15m-£20m stadium. A quick google on the Keyes family, shows they are an extremely wealthy family, in particularly Tim Keyes father James H Keyes. His CV is very impressive, he is on a lot of boards as director. Senior Keyes, is also a director of FMG China Fund, FMG Russian Federation First Mercantile Fund, they are lots of companies where he is a trust member for and director (http://www.bloomberg.com/research/stocks/private/person.asp?personId=282592&privcapId=28846216) James H Keyes was also CEO of Johnson Controls for decades, to which he turned the company from ¢3Billion to ¢22Billion. You have to give credit where its due. He even donated ¢7million to Marquette College of business Administration, a college where he graduated from. (I remember stating this back, when Keyes became Chairman of the club in 2015). When you are on these boards as directors, you get to meet a lot of other investors, £15-£20million isn't a lot of money nowadays, investors could easily put forward £2-3m each, to get the figure up, and in 15-20years, you can easily get your money back. (I could be well off the mark, it could just be Tim Keyes putting this money forward). John Nelms stated last year in the press that he met with the Chinese Ambassador and discussed the club. The club has definitely got more a business side to it, than ever before. The Keyes family do seem to be switched on, Tim will surely have been asking advise from his father and his father having a wee look in at Dundee 2
Reverend Lovejoy Posted 5 March 2017 Posted 5 March 2017 I've been reading a lot of other forums to hear what supporters from other clubs feel/think of us getting a new stadium. The general consensus among them is that it won't happen, and how are we getting money for this. The Courier podcast the other night, also suggested doubts of how Dundee are funding this. Now, we all know the history of Dundee, the 'owners/investors' of the past and we are all wary of any forthcoming. However, when Bill Colvin (who wouldn't put this club at harm), says the Keyes family are the real deal, then we have to trust him. Now, back onto the 1st point, how are we funding the £15m-£20m stadium. A quick google on the Keyes family, shows they are an extremely wealthy family, in particularly Tim Keyes father James H Keyes. His CV is very impressive, he is on a lot of boards as director. Senior Keyes, is also a director of FMG China Fund, FMG Russian Federation First Mercantile Fund, they are lots of companies where he is a trust member for and director (http://www.bloomberg.com/research/stocks/private/person.asp?personId=282592&privcapId=28846216) James H Keyes was also CEO of Johnson Controls for decades, to which he turned the company from ¢3Billion to ¢22Billion. You have to give credit where its due. He even donated ¢7million to Marquette College of business Administration, a college where he graduated from. (I remember stating this back, when Keyes became Chairman of the club in 2015). When you are on these boards as directors, you get to meet a lot of other investors, £15-£20million isn't a lot of money nowadays, investors could easily put forward £2-3m each, to get the figure up, and in 15-20years, you can easily get your money back. (I could be well off the mark, it could just be Tim Keyes putting this money forward). John Nelms stated last year in the press that he met with the Chinese Ambassador and discussed the club. The club has definitely got more a business side to it, than ever before. The Keyes family do seem to be switched on, Tim will surely have been asking advise from his father and his father having a wee look in at Dundee It's normal for the fans and people of Dundee in general to be sceptical when it's comes to any positive reports involving the club. 40 years of mismanagement and, sometimes, antics of Billy Smart's proportions has seen to that. We don't have the grandiose claims of Giovanni Di Stefano or Ron Dixon coming from the mouth of John Nelms but are the subtle hints of what might be's really any better?. IF it can happen, whether that be new stadiums, training grounds, ground breaking matches or whatever, it's in the best interests of DFC and financially viable then by all means let it happen, don't whisper sweet nothings in the ears of the followers if you're only here to enjoy the ride. I've also heard, from someone who has DFC at heart, that FPS are the real deal. So far we've seen continuity and relative stability. If that's as good as it's gonna get for the foreseeable then fair enough, we're not in a position to throw the toys out of the pram after where we've come from. Having a glance at events across the road should be a warning that even 'model' clubs can quickly land in the Sh!t. I cant help wondering though whether Tim Keyes is trying to prove something to his father and that we are a wee experiment that may or may not see him earn his stripes. 2
Billy Campbell's Ghost Posted 6 March 2017 Posted 6 March 2017 On 05/03/2017 at 11:23, Reverend Lovejoy said: It's normal for the fans and people of Dundee in general to be sceptical when it's comes to any positive reports involving the club. 40 years of mismanagement and, sometimes, antics of Billy Smart's proportions has seen to that. We don't have the grandiose claims of Giovanni Di Stefano or Ron Dixon coming from the mouth of John Nelms but are the subtle hints of what might be's really any better?. IF it can happen, whether that be new stadiums, training grounds, ground breaking matches or whatever, it's in the best interests of DFC and financially viable then by all means let it happen, don't whisper sweet nothings in the ears of the followers if you're only here to enjoy the ride. I've also heard, from someone who has DFC at heart, that FPS are the real deal. So far we've seen continuity and relative stability. If that's as good as it's gonna get for the foreseeable then fair enough, we're not in a position to throw the toys out of the pram after where we've come from. Having a glance at events across the road should be a warning that even 'model' clubs can quickly land in the Sh!t. I cant help wondering though whether Tim Keyes is trying to prove something to his father and that we are a wee experiment that may or may not see him earn his stripes. Agree with all that except last sentence but I know its your take. I think at Keyes age he has proved himself despite perhaps having a silver spoon.
Dondeh Posted 6 March 2017 Posted 6 March 2017 On 3/5/2017 at 10:33, SuperDee said: I've been reading a lot of other forums to hear what supporters from other clubs feel/think of us getting a new stadium. The general consensus among them is that it won't happen, and how are we getting money for this. The Courier podcast the other night, also suggested doubts of how Dundee are funding this. Now, we all know the history of Dundee, the 'owners/investors' of the past and we are all wary of any forthcoming. However, when Bill Colvin (who wouldn't put this club at harm), says the Keyes family are the real deal, then we have to trust him. Now, back onto the 1st point, how are we funding the £15m-£20m stadium. A quick google on the Keyes family, shows they are an extremely wealthy family, in particularly Tim Keyes father James H Keyes. His CV is very impressive, he is on a lot of boards as director. Senior Keyes, is also a director of FMG China Fund, FMG Russian Federation First Mercantile Fund, they are lots of companies where he is a trust member for and director (http://www.bloomberg.com/research/stocks/private/person.asp?personId=282592&privcapId=28846216) James H Keyes was also CEO of Johnson Controls for decades, to which he turned the company from ¢3Billion to ¢22Billion. You have to give credit where its due. He even donated ¢7million to Marquette College of business Administration, a college where he graduated from. (I remember stating this back, when Keyes became Chairman of the club in 2015). When you are on these boards as directors, you get to meet a lot of other investors, £15-£20million isn't a lot of money nowadays, investors could easily put forward £2-3m each, to get the figure up, and in 15-20years, you can easily get your money back. (I could be well off the mark, it could just be Tim Keyes putting this money forward). John Nelms stated last year in the press that he met with the Chinese Ambassador and discussed the club. The club has definitely got more a business side to it, than ever before. The Keyes family do seem to be switched on, Tim will surely have been asking advise from his father and his father having a wee look in at Dundee IMO these guys are the real deal. They will protect and enhance their investment in Dundee FC. Critical decisions will be made to ensure this happens imo.
Reverend Lovejoy Posted 6 March 2017 Posted 6 March 2017 56 minutes ago, Dondeh said: IMO these guys are the real deal. They will protect and enhance their investment in Dundee FC. Critical decisions will be made to ensure this happens imo. I think we're pretty much all still at the fingers crossed stage though. I don't think I'll trust them 100% until the SPFL and Champions League titles are in the bag. 2
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now