S.A.F.C. - the future

[Nads]

Not necessarily.

Buy now and you are buying at say 25m but with a high risk of losing 10m more AND even further risk of more losses should it go on even further.

Buy when it's over for 35m and it's practically zero risk in comparison.

Of course billionaires generally become billionaires by taking risk but I'm sure there will be people put off buying football clubs at present. It will only be the genuine long termers and very rich willing to buy into football at present.

The reality is though, say ‘£25 million with risk’

Say you pour in another £150 million and get us back to PL, you then have a guaranteed income over £200million a year.

Investors and billionaires are all over that kinda thing, that’s why so many are in the game now.

That initial investment is safe if the club is well managed financially outside the PL.

 

[Smug in Boots]

Not necessarily.

Buy now and you are buying at say 25m but with a high risk of losing 10m more AND even further risk of more losses should it go on even further.

Buy when it's over for 35m and it's practically zero risk in comparison.

Of course billionaires generally become billionaires by taking risk but I'm sure there will be people put off buying football clubs at present. It will only be the genuine long termers and very rich willing to buy into football at present.

Anyone buying a big club in L1 will be thinking long term.

 

[Niall Quinn’s Dad]

Sorry, that makes no sense.

Sorry. Basically meant you’ve heard from someone your version of what’s happening (along with others), and I’ve heard mine. I just think it’s all a ploy to murky the waters. SD doesn’t really know if he’s batting or bowling and grasping for any cliff edge he can get. It’s crazy how you can be so adamant that theft skis are happening and sake is close and I’m so Adamant they aren’t... Its going to blow up in SD’s face in 3 weeks time

 

[Smug in Boots]

The reality is though, say ‘£25 million with risk’

Say you pour in another £150 million and get us back to PL, you then have a guaranteed income over £200million a year.

Investors and billionaires are all over that kinda thing, that’s why so many are in the game now.

That initial investment is safe if the club is well managed financially outside the PL.

Buying SAFC at those kind of prices is no risk at all if its managed even half decently.

 

[Niall Quinn’s Dad]

I'm still fairly sure it isn't Donald who is leaking things about the buyers, it does him no favours at all. Was told someone else wants Donald out and is leaking stuff to put pressure on him to do a deal (knowing exactly how the fans will react if another takeover is seen to have fallen through). That's not to say there aren't discussions, I'm sure there are, but I think the very positive side of things and imminent completions were being put out there largely by someone who isn't Donald. It now seems like it might have worked, Donald might have decided to go, but the buyers are now the ones making life difficult because they know they're in a very strong position.

But as I’ve tried to say to sandy camel in the past, SD is the one who is leaking the news/rumour, possibly by a third party. I’ve still been told SD is NB’s source, but again it could be via a 3rd party (NF).

 

[Zidane]

Anyone buying a big club in L1 will be thinking long term.

Totally agree

 

[Guinness Guzzler]

If he didn’t need the loan, he wouldn’t have taken the loan.

For me, he knew he needed breathing space and this was before covid hit.

Barely a day passes when I don’t get an email from Barclays asking if I want a loan. I don’t take it as I don’t ****ing needed.

You don’t debt yourself up for the craic, and you certainly don’t put your assets at risk for no reason.

If he couldn’t afford to fix a ****ing lift, believe me he needed that loan and now he’s (hopefully) over a barrel and we get some owners with finance and foresight.

The potential of the club for growth, from such a low starting point for an investor, is mind blowing.

I completely trust the person who told me he was offered it, felt he was over a barrel due to the reaction if FPP walked completely, so felt he had to take it to try and keep them at the table. The fact they were an ideal future buyer and a source, potentially, of plenty additional funding down the line won't have escaped his notice either.

We know for a fact that in 18/19 the club would have made £9m profit if not for the writing off of the parachute payment debt. With cost cutting ongoing and a further parachute payment in 19/20 I fail to see how things could have got so bad by November 19 that they desperately needed a £9m loan, especially when the possibility was there for them to simply feed some of the parachute money back in without having £1m interest to consider and without anyone else getting a say in whether they can sell the club. It might be wrong like , but the accounts for 18/19 don't support needing a loan in 19/20

 

[Guinness Guzzler]

But as I’ve tried to say to sandy camel in the past, SD is the one who is leaking the news/rumour, possibly by a third party. I’ve still been told SD is NB’s source, but again it could be via a 3rd party (NF).

Fair enough you could be right. I've heard it's coming from Methven which makes more sense to me, but who knows! I think we have heard largely similar things, but this is definitely a bit we differ on!

 

[Niall Quinn’s Dad]

His attempts at smokescreening are pitiful.

Mentioning the lift was infantile in the extreme.

Does he really believe there's one supporter who wants to hear that shyte ffs ...

... we're in L1 Donald you clown!!!

Pure embarrassment. Basically confirmed that he didn’t have a pot to piss in and needed a hand out. Stt Think this was a CM quote though, but SD confirmed it in his sin interviews

Amateurs

 

[Magnus]

I completely trust the person who told me he was offered it, felt he was over a barrel due to the reaction if FPP walked completely, so felt he had to take it to try and keep them at the table. The fact they were an ideal future buyer and a source, potentially, of plenty additional funding down the line won't have escaped his notice either.

We know for a fact that in 18/19 the club would have made £9m profit if not for the writing off of the parachute payment debt. With cost cutting ongoing and a further parachute payment in 19/20 I fail to see how things could have got so bad by November 19 that they desperately needed a £9m loan, especially when the possibility was there for them to simply feed some of the parachute money back in without having £1m interest to consider and without anyone else getting a say in whether they can sell the club. It might be wrong like , but the accounts for 18/19 don't support needing a loan in 19/20

The loan was also to take the club over bit by bit every time we got promoted, in the end it Would of been 75% FPP 25% Donald

 

[Smug in Boots]

Sorry. Basically meant you’ve heard from someone your version of what’s happening (along with others), and I’ve heard mine. I just think it’s all a ploy to murky the waters. SD doesn’t really know if he’s batting or bowling and grasping for any cliff edge he can get. It’s crazy how you can be so adamant that theft skis are happening and sake is close and I’m so Adamant they aren’t... Its going to blow up in SD’s face in 3 weeks time

It's not really a 'version' tbf.

I've been told, from someone way out of my league and with no need to impress me, that Fuhrman wants a resolution.

That's not just gossip as far as I'm concerned.

It's from the same camp as the chap who told me about Ashley sacking off Staveley, the first time, a month before it happened.

I posted blow by blow details on here, in real time, if you want to check.

 

[Magnus]

It's not really a version tbf.

I've been told, from someone way out of my league and with no need to impress me, that Fuhrman wants a resolution.

That's not just gossip as far as I'm concerned.

It's from the same camp as the chap who told me about Ashley sacking off Staveley, the first time, a month before it happened.

I posted blow by blow details on here, in real time, if you want to check.

This 100% and I’ve heard it from both sides now not just the club

 

[Niall Quinn’s Dad]

Howld on a minute. Have i missed something here. Are you now saying there is something going on after insisting for months there was nothing happening.

No. I never insisted nothing was happening. They have SD by the balls with the loan, first refusal, Covid, SD’s lack of funds etc. Whet I said, and the reason I found this page, was the screen shot from Magnus regarding the % breakdown and the sale being discussed at an advance stage. That’s what I said wasn’t happening. I’ve already stated previous And I’ve tried to explain a similar question about 3 weeks ago. SD knows he needs to leave. He knew it from day one of waking through the door, but he wasn’t going to Leave unless his price was met. He will have had discussions (brief) with possibly a few parties, but nothing with FPP In detail since Christmas at best, as nothings changing (as I’ve been told). They are just waiting, and I’ve used the term before, giving SD more and more rope till he does the inevitable and they take over... at a ridiculously lower price than SD wants

 

[Smug in Boots]

This 100% and I’ve heard it from both sides now not just the club

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[Lucky19672]

No. I never insisted nothing was happening. They have SD by the balls with the loan, first refusal, Covid, SD’s lack of funds etc. Whet I said, and the reason I found this page, was the screen shot from Magnus regarding the % breakdown and the sale being discussed at an advance stage. That’s what I said wasn’t happening. I’ve already stated previous And I’ve tried to explain a similar question about 3 weeks ago. SD knows he needs to leave. He knew it from day one of waking through the door, but he wasn’t going to Leave unless his price was met. He will have had discussions (brief) with possibly a few parties, but nothing with FPP In detail since Christmas at best, as nothings changing (as I’ve been told). They are just waiting, and I’ve used the term before, giving SD more and more rope till he does the inevitable and they take over... at a ridiculously lower price than SD wants

Spelling and punctuation starting to go awry here.....

 

[Brainman]

Sounds like things are coming together.
Even the posters on here are converging.

 

[Smug in Boots]

No. I never insisted nothing was happening. They have SD by the balls with the loan, first refusal, Covid, SD’s lack of funds etc. Whet I said, and the reason I found this page, was the screen shot from Magnus regarding the % breakdown and the same being discussed at an advance stage. That’s what I said wasn’t happening. I’ve already stated previous Shen I’ve tried to explain a similar question about 3 weeks ago. SD knows he needs to leave. He knew it from day one of waking through the door, but he wasn’t going to Leave unless his price was met. He will g hg she had discussions (brief) with possibly a few parties, but nothing with FPP (as I’ve been told). They are just waiting, and I’ve used the term before, giving SD more and more rope till he does the inevitable and they take over... at a ridiculously lower price than SD wants

I'm not being rude but that's nowhere near as insistent and clear as you were being.

You said you had info from a very good source but this post is supposition and opinion.

Nothing wrong with that unless you state opinion as fact as Kittens invariably did.

 

[Smug in Boots]

Spelling and punctuation starting to go awry here.....

That Kildare fella had varying degrees of lucidity, always made me laugh

 

[Niall Quinn’s Dad]

I'm not being rude but that's nowhere near as insistent and clear as you were being.

You said you had info from a very good source but this post is supposition and opinion.

Nothing wrong with that unless you state opinion as fact as Kittens invariably did.

I'm not being rude but that's nowhere near as insistent and clear as you were being.

You said you had info from a very good source but this post is supposition and opinion.

Nothing wrong with that unless you state opinion as fact as Kittens invariably did.

No concrete talks (if any) have been happening referring to takeover talks since the RAWA meeting or the NB’s tweet is what I’ve been told

 

[HeatonMackem]

No. I never insisted nothing was happening. They have SD by the balls with the loan, first refusal, Covid, SD’s lack of funds etc. Whet I said, and the reason I found this page, was the screen shot from Magnus regarding the % breakdown and the sale being discussed at an advance stage. That’s what I said wasn’t happening. I’ve already stated previous And I’ve tried to explain a similar question about 3 weeks ago. SD knows he needs to leave. He knew it from day one of waking through the door, but he wasn’t going to Leave unless his price was met. He will have had discussions (brief) with possibly a few parties, but nothing with FPP In detail since Christmas at best, as nothings changing (as I’ve been told). They are just waiting, and I’ve used the term before, giving SD more and more rope till he does the inevitable and they take over... at a ridiculously lower price than SD wants