Serious takeover talk

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Might be a bit confused here;
SD says they bought it for £40m and maybe values it at that.
£25m was from parachute payment.
£10m was lent to Madrox.
£10m was loaned from Close Brothers.

£5m of own money was put in of which £3m was from Sartori?

Am I right/wrong in thinking that SD/CM/JS are trying to get c£40m from something they only put £5m into a year ago?

If the parachute payment was included in the purchase price and now it's gone on something intangible then the club's worth that much less. If it went to repay a loan then the value is still £40m
 
could that not refer to the Campbell lot
Don't think so - but I think it's probably just a case of lazy journalism... the news of it breaking down will be all over - not just buried in a Northern Echo article (that are wrong more than they're right)
 
Don't think so - but I think it's probably just a case of lazy journalism... the news of it breaking down will be all over - not just buried in a Northern Echo article (that are wrong more than they're right)
it just seems like a line hidden in another story, not clear at all. It talks about his attempts to sell the club, which has seen an Investment break down
Would the takeover failure not warrant its own headline
 
I've heard meeting on Friday. Absolutely no reason to doubt the lad who messaged me about it and it's not breaking any confidences because he has also mentioned it on the main board over the road. Guess we'll find out soon enough. I'm confident that we'll hear nowt until then (maybe even until the weekend) but since I believe him I can't help but think Jack Ross going will be somehow linked, especially given the timings. Like I say all we can do really is wait and see, won't stop us discussing it all day though <laugh>

Do you think its on, ive moved on, where are our ITK’s?
 
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