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Serious takeover talk

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

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  1. old lads fan

    old lads fan Well-Known Member

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    I thought it was the famous 'Magic Money Tree' it was all the rage a few years ago.

    Ronnie
     
    #8101
    Nads likes this.
  2. Chunksafc

    Chunksafc Guest

    I have to say there appears to be a serious campaign agisnt our owners at present, I have no idea what the motives are or why its happening now but this goes way beyond putting pressure him to get the takeover / investment done
     
    #8102
  3. Nads

    Nads Well-Known Member

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    Yep. A lot of folk determined to say ‘see I told you’, even though it would be poisonous to the club.
     
    #8103
    Safcman73 and Chunksafc like this.
  4. C19RK73

    C19RK73 Red & White army!

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    My money would be on jealous mags and such like
     
    #8104
    mrs em, My Left Foot and Jme like this.
  5. MKmackem

    MKmackem Well-Known Member

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    I wonder if the talent spotter Park is available if Campbell is struggling to buy a club ?
     
    #8105
  6. Chunksafc

    Chunksafc Guest

    Nads, it would seem that way

    C19 in my opinion this goes way beyond mags. There are to many big words in some of the things for a start
     
    #8106
  7. Robref62

    Robref62 Well-Known Member

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    Imo he is, but I respect yours
     
    #8107
    Smug in Boots likes this.
  8. SAFC2403

    SAFC2403 Well-Known Member

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    I've read recently on twitter that someone thinks SD has "stolen" money from the club - I asked him to prove this but got no reply - then ended up in a massive argument with someone who thinks they are charlatans and liars.

    Honestly some of our "fans" really beggar beleif.
     
    #8108
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  9. C19RK73

    C19RK73 Red & White army!

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    :1980_boogie_down:
     
    #8109
  10. Chunksafc

    Chunksafc Guest

    The biggest issue I have and I tried to explain this over the road is some of these accusations will be affecting SD's normal business, not just safc and by continuing will jepordise all his standing in business. That puts him and us on a dodgy path

    Of course we should ask questions about his running and finance of the club, but some of the accusations of lying, stealing and shoddy business practice go way beyond that
     
    #8110

  11. Gillythedilf

    Gillythedilf Well-Known Member

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    I’m guessing most are young lads who don’t go to the match and play fifa or have been brought up with it .
     
    #8111
  12. TeamOfTalents

    TeamOfTalents Well-Known Member

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    These clowns never heard of libel laws it seems.
    Glad SD off Twitter. Cretins always likely to make that unsustainable.
     
    #8112
  13. C19RK73

    C19RK73 Red & White army!

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    There are certainly some
    Serious allegations in that article apparently it was written by a freelancer for the sun
     
    #8113
  14. Rocky

    Rocky Well-Known Member

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    He's the dullest, most unimaginative option. Absolutely desperate
     
    #8114
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  15. Turtle

    Turtle Active Member

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    Got a link to the tweets?
     
    #8115
  16. HeatonMackem

    HeatonMackem Well-Known Member

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    Didn't they explain that was a short term loan to pay something off. That loan was soon repaid with parachute payments. Nobody knows exactly what had to be paid out of the club and when. Nobody knows how much SD has already put into the club. At the end of the day this is his club and his millions to manage the way he thinks is best. If something dodgy is going on the accounts and the auditors will surely reveal it. Get off his back, man.
     
    #8116
  17. Zak's Dad

    Zak's Dad Active Member

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    Part of being a professional is not only knowing the process of your profession and the words to use, it's understanding then difference between "what could be said" and "what should be said".

    I make no claim whatsoever to your area of expertise, but what you appear to be inferring is some form of shady business practice being carried out in plain view of everyone?

    You make assumptions based upon incomplete information (because you haven't seen the full figures) and then make statements like "Obscene to defend him brazenly using the club's cash for that purpose" as if your assumption is absolutely true.

    And when people point to someone else with a similar professional background seeing the same information as you and seeing nothing wrong (GOM), you impugne his professionalism with statements like "he's terrified" and "he's keeping quiet because he wants to be 'in' with the owners".

    I'm not going to tackle you on your analysis, I'm inviting you to reflect upon the fact that you appear to be making rather definitive and provocative statements based upon incomplete analysis of incomplete figures.

    What if your basic assumptions upon which all of your financial and personal judgements are based are actually wrong?
     
    #8117
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  18. Kittenmittons

    Kittenmittons Well-Known Member

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    I don't think you understand. HE HAS SAID HE DID THIS.
     
    #8118
  19. Chunksafc

    Chunksafc Guest

    Can I make a suggestion please?

    @Kittenmittons please don't post your accusations no matter how much you believe to be right or have the facts to back you up.

    There is a huge amount of scrunity from the club etc on all SAFC boards at present. I'm sure the lads who run this site dont need the hassle or letters arriving.

    If you are that convinced post it to your Facebook feed or somewhere else that doesn't potential involve others getting into bother
     
    #8119
  20. Kittenmittons

    Kittenmittons Well-Known Member

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    No they won't. Their accountants work for them. They don't have auditors, because Madrox is not compelled to be audited as a small company (despite millions of the club's money passing through it).

    He has said he used the club's money, loaned from Close, to pay off Ellis Short. That was his debt for the remainder of his shares. He had that money. Why would you want him to use the club's money for that?
     
    #8120
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