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SD has decided to sell!!

Discussion in 'Sunderland' started by HeatonMackem, Dec 30, 2019.

  1. Kittenmittons

    Kittenmittons Well-Known Member

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    You have done the exact same, so discuss it like an adult. You built the case for them being interested because they had an address at SAFC and did due diligence before they didn't buy us. You don't know why they loaned us £10m apart from the reasonable assumption that it wasn't because of the interest payments, but from what SD has said about it, the primary motive seems to have been keeping them at the table.

    And one thing I haven't assumed is just how heavily weighted against SD the terms of the FPP charge sheet are. They're so disproportionately uneven that they indicate quite clearly which party had to have the deal sweetened substantially before they'd even get involved.
     
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  2. Ozzymac

    Ozzymac Well-Known Member

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    Crazy left field thought here.

    What if the terms of the loan specified something like being in a playoff position/top 2 come the end of the year otherwise we take over and you're out.

    Maybe it was the Americans who were advised that Parkinson was the best of the candidates for this league and they insisted he get the job.

    Maybe they want SD gone before the transfer window opens to allow their advisor (possibly McLaren) to assist in recruitment and spend their money wisely.
     
    #142
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  3. bigsmithy9

    bigsmithy9 Well-Known Member

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    I hope the Sunderland people turn it around for the fans. It is still unbelievable to me to see your club in such dier straights. I've been so used to Sunderland up there in their natural place 1st Div and PL. Maybe 2020 will be your turn around...….?~!
     
    #143
  4. Kittenmittons

    Kittenmittons Well-Known Member

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    If the security was Madrox and/or Madrox assets, you'd expect those to be in the charge sheet unfortunately.
     
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  5. SAFCY

    SAFCY Guest

    Who do you support?
     
    #145
  6. SAFCY

    SAFCY Guest

    Works for me this
     
    #146
  7. Smug in Boots

    Smug in Boots Well-Known Member

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    Both of those things are facts.

    However, I based my posts on much more than the two things you choose to pick out.

    They haven't 'not bought us' ...

    ... it may well still happen.
     
    #147
  8. bigsmithy9

    bigsmithy9 Well-Known Member

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    I lived in and supported Tottenham since a kid. ..and I remember seeing Shack.
     
    #148
  9. Kittenmittons

    Kittenmittons Well-Known Member

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    Well that's why I asked you before, but your only answer was... well those things. And actually, a fact is that they chose not to go ahead with a takeover. They gave us a loan. Those are facts too.
     
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  10. HeatonMackem

    HeatonMackem Well-Known Member

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    They are on the charge sheet. If they default on the loan they get the shares in the club that Madrox own.
     
    #150
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  11. Smug in Boots

    Smug in Boots Well-Known Member

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    That's absolute nonsense.

    I may have given those examples on certain posts but, as I've done many times, posted much more.

    What you're doing is your relentless 2+2 equals 5 routine.
     
    #151
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  12. Smug in Boots

    Smug in Boots Well-Known Member

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    Correct, that's a fact.
     
    #152
  13. Kittenmittons

    Kittenmittons Well-Known Member

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    Yes but the terms don't seem to indicate anything unusual beyond being unable or unwilling to pay the debt. Even with a heavily weighted deal like this it'd be lunacy for Donald, sitting 12th in the table as we were, to risk his entire financial livelihood on getting promoted this season or else they get everything. They'd also be able to call in the amount Donald owes. It'd ruin him potentially, or at least cause him way more financial hardship than he clearly wants or needs in his life.
     
    #153
  14. SAFCY

    SAFCY Guest

    upload_2019-12-30_22-20-24.png

    you will have read Danny Blanchflower before

    that pic was at Doncaster on Sunday
     

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    #154
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  15. Kittenmittons

    Kittenmittons Well-Known Member

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    Ok, so definitively, for posterity, what do you believe will happen now?
     
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  16. Jsdftm04

    Jsdftm04 Member

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    Seems much more likely that Donald gave them a great deal on the loan as he was so desperate for the money to keep us going, rather than keep them at the table

    In my opinion
     
    #156
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  17. rooch 3

    rooch 3 Well-Known Member

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    Have we got to suffer another 1000 posts like this again <doh>
     
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  18. Nordic

    Nordic Well-Known Member

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    Can't this be as simple as SD hanging up his gloves in the realisation he ain't making money any time soon and his ego has been battered.

    Why the **** would you hang around if you have someone already lined up to buy you out and take over? Saying he has decided to sell publicly is just him saving face.
     
    #158
  19. Kittenmittons

    Kittenmittons Well-Known Member

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    Well we shall see what happens, but I'm entitled to my view and to defend myself when smug wades in with stuff like that aren't I?
     
    #159
  20. rooch 3

    rooch 3 Well-Known Member

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    Why do you think it was you I was talking about and not Smug?
     
    #160

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