From the statement to the echo.
Madrox responded: “Madrox was indeed created as the vehicle in which to acquire Sunderland AFC. However, it is looking at other investments in the sport and leisure sector to complement this. That was a contributing factor in seeking a wider investment base and this along with the fact that some investors wish the detail of their financial involvement, like many people investing in businesses, to remain private, means that Madrox affairs must remain confidential.”
By having the debt changed over it opens up the possibility that FPP via Madrox could invest in someone else. A cnuts trick if they do it mind.