Dundee deal sees Melville pay £500,00 for Dens Park
DUNDEE director Callum Melville is set to pay £500,000 to buy Dens Park from prospective Dundee United benefactor John Bennett.
The Aberdeen-based businessman has been in talks with Bennett about taking control of Sandeman Properties, a holding company which owns Dundee's ground and it is understood a deal is almost agreed.
It has emerged that Bennett, who stepped down from the Tannadice board last year and was immediately involved in talks about a takeover at Dens, has ownership of the stadium after giving Dundee a cash injection last season. The 500,000 he invested was put in to help the day-to-day running of the club and, in return, he was handed control of the holding company.
Bennett is now likely to retake his place at Tannadice alongside owner Stephen Thompson so must get rid of his assets at Dens to comply with the rules.
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Friday 25 May 2012
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