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FPP to take full control

Discussion in 'Sunderland' started by Whiteleas Wanderer, Jan 19, 2020.

  1. Agent Black Cat

    Agent Black Cat Well-Known Member

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    What I am surprised at over the last three days, is the silence from Donald. Normally he would jump on Radio Newcastle or contact Roker Report in efforts to clarify his side.
     
    #4261
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  2. Rhinos Legend

    Rhinos Legend Well-Known Member

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    I’ve read he’s on Radio Newcastle tonight, don’t know if it’s true or not.
     
    #4262
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  3. Smug in Boots

    Smug in Boots Well-Known Member

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    I've had a few interesting messages, from unconnected people but all with the club at heart, that there's been a very small change in the way FPP are progressing their interest.

    Sorry to be vague but there's not much I can repeat and, in truth, haven't been told much more.

    The only good bit, that could easily be guessed at anyway, is that there's a wish to avoid seeing the club slide down much further however much that might turn the screw on Donald.

    My guess is that a new buyer wouldn't want to end up with a basket case of a club with demoralised staff.
     
    #4263
  4. Magnus

    Magnus Well-Known Member

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    Sounds like the might not be playing the waiting game anymore and want it now ?
     
    #4264
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  5. Smug in Boots

    Smug in Boots Well-Known Member

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    I don't think time is a great concern providing Donald doesn't cling on and put the club into real debt, sell the ground/academy or whatever.
     
    #4265
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  6. Montysoptician

    Montysoptician Well-Known Member

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    #4266
    Last edited: May 11, 2020
  7. Smug in Boots

    Smug in Boots Well-Known Member

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    #4267
  8. Iansun

    Iansun Well-Known Member

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    #4268
    Ban the Ketchup and Sunderpitt like this.
  9. 6inarow

    6inarow Well-Known Member

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    I know, it just doesnt make sense at all
     
    #4269
  10. Dave_39

    Dave_39 Well-Known Member

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    #4270
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  11. Dave_39

    Dave_39 Well-Known Member

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    were gonna be stuck with the twats aint we nothing good happens to us and gonna be more hell when mags takeover happens
     
    #4271
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  12. Nacho

    Nacho Well-Known Member

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    I guess as a seller you want to give the impression that everything's tickety boo and you can take or leave any offers because you don't need them.

    Better than admitting that you might be going broke any day now and would sell the club for a hot meal and a pint.
     
    #4272
  13. Kittenmittons

    Kittenmittons Well-Known Member

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    So a very long way of saying 'it includes FPP's £9-10m'
     
    #4273
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  14. Smug in Boots

    Smug in Boots Well-Known Member

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    I don't believe so.

    Donald has had 2 failed attempts at promotion and parachute payments didn't help him ...

    ... I don't believe he has the stomach to try to build a team and get promoted.

    If he fails again he'll be in trouble.

    The Scunthorpe manager says they'll lose £650, 000 with the season being scrapped.

    Donald would probably lose more and end up with half a dozen players.
     
    #4274
  15. Kittenmittons

    Kittenmittons Well-Known Member

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    Interesting.

    I wonder how much of the £9.075m is to do with the Close Bros loan to SAFC. That went to Short, so there must have been some way to get that money back into SAFC. I wonder if that is included in there (it should be btw)
     
    #4275
  16. Montysoptician

    Montysoptician Well-Known Member

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    I don't like guesswork but the sale of Madrox to FPP may be dependant on Madrox diversifying their portfolio into a variety of investments, which would be inline with what you have said about benefiting the community.
     
    #4276
    Last edited: May 11, 2020
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  17. Comfy

    Comfy Well-Known Member

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    This is a major concern for me as another rebuild has got to go ahead before the another season starts, if he’s struggling now he’s not going to put money in to get us the players we need. Think we need a fpp takeover and soon
     
    #4277
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  18. Kittenmittons

    Kittenmittons Well-Known Member

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    Encouraging that they're in 'regular dialogue', but 'Aware of all material developments regarding the club' is such Charlie speak that could mean anything.

    It's pretty clear that if other people have met the asking price, as he claims, that FPP have no intention of doing anything in the near future or they'd have surely got involved if they felt the price was fair and multiple parties had also validated that price. That assumes the rest of it is correct and they really did turn down the cash from others on some kind of principle.

    **** me, these guys are such ****ers you can never tell, and it's massively in their interests to keep FPP in the public picture.
     
    #4278
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  19. BigPete

    BigPete Well-Known Member

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    They dont have any plans none that work anyway.

    They planned on going straight back up and going off into the sunset with bags full of cash.
     
    #4279
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  20. Kittenmittons

    Kittenmittons Well-Known Member

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    Ultimately I read all that in the Echo and it is exactly what happens when you give Charlie Methven the opportunity to spin every event into a RIP ROARING positive for THE FAILING SUNDERLAND who were a BASKET CASE CLUB before we took over.

    I hate the guts of him. Everything he says feels slimy, every word laden with ambiguity. He is trying to say something positive in every sentence by being selective with the truth. I don't trust that they put £9m of new money (ie: not to replace debt they had taken out via the club) in 2018-19. Not a chance. I don't trust that loads of people are battering down their doors, and I don't trust the charcterisation of their relationship with FPP. We all know their money was a loan towards SAFC, not an investment in madrox on anything other than a technical level.
     
    #4280
    Last edited: May 11, 2020

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