the city as part of Scotland's bid to host the 2008 European Football Championship. This stadium would have been shared by Dundee and near-neighbours Dundee United, which would have required the two to leave their historic grounds at Dens Park and Tannadice Stadium respectively. The stadium was planned for construction on a new site at Caird Park. Scotland was not successful in their bid, however, and so these plans were postponed. They could be resurrected should Scotland launch a successful bid for future European Championships. Both clubs strongly oppose a ground sharing agreement but were interested in a new ground sharing arrangement that would have taken place if Ukraine and Poland had failed to meet UEFA's expectations for hosting Euro 2012. In late 2007, Dundee announced plans to sell much of the land south of the pitch to a real-estate developer. As part of the plans, new flats/houses would be constructed on the presently unused portion of the land and a new southern stand would be freely constructed alongside the pitch. This would significantly increase the capacity of the stadium and would upgrade facilities at the club. In early 2008, Dundee's Chief Executive Officer Dave MacKinnon announced that the club should have "positive news" regarding the project. However, nothing more was heard on the matter and at present there are no plans to make any changes to the ground. In May 2009, it was reported that the stadium is owned by local businessman John Bennett who, despite having invested heavily in Dundee, has rejoined the Dundee United board, where he had previously been a director until September 2008. In October 2014, Dundee Supporter's Society announced they have put forward plans to then club chairman Bill Colvin which may allow the club to buy back the stadium from current owner John Bennett. They also expressed, this was not a plan to enable the Supporter's Society to own the Stadium but for the club themselves, they said they will "simply administer the scheme". In April 2015, Colvin announced that negotiations were taking place to buy back the Stadium from current owner John Bennett and his company Sandeman Holdings. In August 2016, club owners John Nelms and Tim Keyes were reported to have bought land in the Camperdown area of Dundee, next to the city's Ice Arena. It was then made clear in February 2017 that the plan for this land was to