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Serious takeover talk

Discussion in 'Sunderland' started by Smug in Boots, Aug 21, 2019.

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  1. E.T. Fairfax

    E.T. Fairfax Well-Known Member

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    All those who migrated over from RTG can piss off back now! :emoticon-0105-wink:
     
    #11461
    E.T. Fairfax, Oct 31, 2019
    Jerry lee likes this.
  2. Roker Mackem

    Roker Mackem Active Member

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    Was always going to happen once the club leaked it was a full takeover.
     
    #11462
    Roker Mackem, Oct 31, 2019
  3. E.T. Fairfax

    E.T. Fairfax Well-Known Member

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    Thats my worry
     
    #11463
    E.T. Fairfax, Oct 31, 2019
  4. Iansun

    Iansun Well-Known Member

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    I'm happy on both thanks:1980_boogie_down:
     
    #11464
    Iansun, Oct 31, 2019
  5. Bank of England 2

    Bank of England 2 Well-Known Member

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    No chance. It's feckin' great on here! <party><cracker><badger>
     
    #11465
    Bank of England 2, Oct 31, 2019
    Dorset, Wor Giacchi and one gary owers like this.
  6. HeatonMackem

    HeatonMackem Well-Known Member

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    So I reckon they (FPP + Dell) are not investing in SAFC, but SJD Leisure Ltd. SJD Leisure still owns 74% of Madrox which owns SAFC. Maybe also investing in Dragon PR Ltd and Arvesa Corp.

    The 8 figure mark, so around £10m or anything up to around £99m (unlikely yet!). They seem to be using other companies to keep this deal and the transactions between FPP and the club more private. As a small companies accounts will have much less detail than SAFC's accounts. Hopefully it's the start of a full takeover. As it starts to work and the risk reduces, they'll put more money in (and pay more per share) and SD will get more money from them per share sold. This can only be positive news IMO but no doubt some will put a negative spin on it!
     
    #11466
    Last edited: Oct 31, 2019
    HeatonMackem, Oct 31, 2019
    Dorset, Montysoptician, FTM1973 and 3 others like this.
  7. 6inarow

    6inarow Well-Known Member

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    Below is taken from the Echo statement, does this mean the bridge, monorail and roof is still a possibility?

    It will be used to boost the club’s recruitment and academy structures, as well as the Stadium of Light and other infrastructure    .
     
    #11467
    6inarow, Oct 31, 2019
  8. Sunderpitt

    Sunderpitt Well-Known Member

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    So they are 'investing' in the club... but not in a takeover/shares way? So a loan then?

    I am retired accountant...so usually not too shabby as to understand deals.

    But not sure if I can cotton onto this one.

    Not that I saying funds are not required.. they most certainly are!
     
    #11468
    Sunderpitt, Oct 31, 2019
  9. E.T. Fairfax

    E.T. Fairfax Well-Known Member

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    I joined up over there when talk of a takeover first kicked off, just to keep my finger on the pulse. Then within hours Reiver got banned and I realised it was Smug.

     
    #11469
    Last edited: Oct 31, 2019
    E.T. Fairfax, Oct 31, 2019
    Iansun and Jerry lee like this.
  10. Little e

    Little e New Member

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    Is the other infrastructure the monorail
     
    #11470
    Little e, Oct 31, 2019

  11. Bank of England 2

    Bank of England 2 Well-Known Member

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    What a great birthday this is. My future son-in-laws got a job in Amsterdam, and now this. Couldn't ask for better :emoticon-0140-rofl::emoticon-0140-rofl::1980_boogie_down::1980_boogie_down:
     
    #11471
    Bank of England 2, Oct 31, 2019
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  12. Jerry lee

    Jerry lee Well-Known Member

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    #11472
    Jerry lee, Oct 31, 2019
  13. West Winger

    West Winger Well-Known Member

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    Yeah, there’s some very interesting choices of words going on.
     
    #11473
    West Winger, Oct 31, 2019
  14. Jerry lee

    Jerry lee Well-Known Member

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    Watch them say the statement was lost in translation lol
     
    #11474
    Jerry lee, Oct 31, 2019
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  15. Brainman

    Brainman Well-Known Member

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    :emoticon-0106-cryin
     
    #11475
    Brainman, Oct 31, 2019
    Robertson likes this.
  16. Hawyatt Earp

    Hawyatt Earp Well-Known Member

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    You're so impatient, you moron
     
    #11476
    Hawyatt Earp, Oct 31, 2019
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  17. Vincemac

    Vincemac Well-Known Member

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    I pleased
    However I get the impression some people will never be pleased
    Well done smug thanks for the info
     
    #11477
    Vincemac, Oct 31, 2019
  18. E.T. Fairfax

    E.T. Fairfax Well-Known Member

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    I'm thicker than a whale omelette, but I assume that an investment means that they wont be guaranteed their money back but instead get a share in the profits when we win the Champions League. Like they will lose their money if we end up slugging it out in the GM Vauxhall Conference.
     
    #11478
    E.T. Fairfax, Oct 31, 2019
  19. West Winger

    West Winger Well-Known Member

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    Can you explain what the documents filed at Companies House are if that’s not too much trouble? I’ve never seen a statement of solvency before?

    https://beta.companieshouse.gov.uk/company/00049116/filing-history
     
    #11479
    West Winger, Oct 31, 2019
  20. Chunksafc

    Chunksafc Guest

    I have no idea what it means or who it works, but hopefully this is the start of an epic journey
     
    #11480
    Chunksafc, Oct 31, 2019
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