Dundee are considering building a new stadium at Camperdown Park
Wednesday 1 March 2017 13:10, UK
Dundee managing director John Nelms has revealed the club are aiming to move from Dens Park to a new facility at Camperdown Park.
The American expects a land use application will soon be submitted with the local council for a site in Camperdown Park.
Nelms and compatriot Tim Keyes recently bought 29 acres of land in the area which is located north-west of the current ground.
Speaking about the club's annual accounts, which revealed an operating loss of £530,000 to May 31, Nelms said: "They are not great, but they're nothing to worry about.
"Football Partners Scotland, the major shareholder, funds any losses. We said we would do that from the get go."
Nelms explained that missing out on a top-six finish in the Scottish Premiership - Dundee finished eighth in the 2015/16 season - resulted in £200,000 less income than had been budgeted for.
He also pointed out that the maintenance bill for Dens Park had gone up £50,000 on the previous year and an additional £500,000 would be required in the 2017 accounts because of rent increases.
Dens Park, which has been home to the Dark Blues since 1899, is less than 400 yards along the street from Tannadice, where rivals Dundee United play.
"The biggest issue we have is the stadium itself," added Nelms.
"We've put over £200,000 into the ground and that's not enhancing the ground - that's just keeping it going.
"We assume that those issues are going to get worse and worse as time goes on.
"We are trying to put on a 21st century entertainment product in a 19th century building and it's not new news that Tim and I have bought 29 acres near the ice rink in Camperdown Park.
"And we will be putting in a land use application shortly that we hope really enhances Dundee Football Club."
