Serious takeover talk

KTF.

 

But the maybe not is we have been successful and can afford to pay them back?

Have I got that right?

 

Totally off topic mate, but following on from our craic the other day, you know what ‘Lodore Falls’ is like? Looking at it for a birthday getaway for the bird.

 

Stayed at the Lodore falls hotel four years ago. I wasn’t in a good mood for some reason, the room was basic, and I went down and complained about the state of the room saying the windows were dirty. Got upgraded to an absolutely massive suite! Try it mate
Nice lake outside, some good walking spots and the falls are canny to look at if you like that kind of stuff.
Don’t let mackems I though, I’ve heard?

 

Cheers.

Its quite last minute just the outdoor bit looks very appealing.

They let you in, so if they are fine with closet Mackems I’m sure they will embrace an SR6er with open arms.

 

All baboons are illiterate ...

... you actually mean buffoon

Really, sum peepul ....

 

Kicked to ****??

 

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Okay that sounds good! So basically Donald wants to stay, he thinks he can make a success of it. The Americans say "aye, mint but you might not and we don't want to take that risk". So he does it this way, keep progressing and he can pay it back (and they presumably still buy into the club later when we're looking decent for a promotion to the PL), fail to do so and the obstacle of him not wanting to go is removed by diluting his shareholding. That sounds a lot better than what I imagined

 

It’s us speculating, but seems reasonable. Of course, there’s no sign yet that they’ve invested, or loaned or anything else...

 

The proof of the pudding is in the eating.
Let us hope it is edible

 

Hang on a sec, on rtg some are saying that if we couldn't pay it back they could liquidate assets.

I prefer the enquity thing but is it possible or are the doom mongers out in force?

I really just want a balanced opinion

 

Ya will be.

 

Is that your tossing arm, marra

 

In theory they could but there’s no financial gain in that for them.

They aren’t clamouring for a bit of land on Wearside that the city council would likely block them from doing anything worthwhile with anyway.

They want to own a successful, money making football club.

 

The hotel is a bit dated like, but there’s plenty around it. Make sure you drive up Wrynose pass and Hard Nott pass. Scenery is breathtaking!

 

I don’t need one I merely lean forward and lick ones bulb.

 

Would be difficult to liquidate eg SOL.
I would imagine it has specific purpose covenants eg sporting venue stadium.
Anybody buying it would have to knock it down and try to develop assuming they got planning and development permission from Sunderland council which I doubt they would give.
I can only believe if safc werent meeting obligations then shareholders ( methven and Donald ) would have to hand over the keys and hand over their shares more like.
Could be wrong

 

Aye, you haven’t really sold it to be fair mate, we usually stay Low Wood but we’re only there about 6 weeks ago, might be a case of ‘if it ain’t broke’.

There’s this Aphrodites place as well looks off the scale but it’s a nightmare getting the room you want, and this is for next Saturday.

And we may have to take the durg.

 

Low Wood is a much better place imo.
Aphrodite is supposed to be a swingers place I didn’t know till we got there.
It’s got a sister place in Bowness called number 27 I think. Got massive hot tubs in the rooms with a tv next to it.
Make sure you have drive up those passes.
I know we’re off topic before I get wrong.