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Serious takeover talk

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

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  1. The Berk

    The Berk Well-Known Member

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    My guess as a thick as **** factory worker is they could buy in for £40m but are now loaning £20m. If we balls up payments they automatically own us.
    All my figures are made up.
     
    #9101
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  2. Chunksafc

    Chunksafc Guest

    Could be secured against future success? If we **** up and don't get promoted they take more shares?
     
    #9102
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  3. West Winger

    West Winger Well-Known Member

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    They’ve done similar at the Miami Marlins in America where they loaned a sum but expected a fixed rate of return. If this is true then short term it is good as it means we have some money at last. Longer term I’m not sure because what happens if we don’t go up? Would we still be tied to the repayments?

    I’m a natural pessimist when it comes to taking risks like. :emoticon-0102-bigsm
     
    #9103
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  4. Sandy Camel

    Sandy Camel Well-Known Member

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    Maybes even a drunk jump?
     
    #9104
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  5. The Berk

    The Berk Well-Known Member

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    I would say we still get their investment/takeover but they get it cheaper. This way they aren’t involved with the chewy League One but come in for the big licks.
    I must reiterate I’m thick as **** and just guessing.
     
    #9105
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  6. Zidane

    Zidane Well-Known Member

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    A loan?

    That's not investment. It's a loan. As described by the meaning of the word 'loan'.

    If we wanted a loan we could of just gone back to SBC.
     
    #9106
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  7. Smug in Boots

    Smug in Boots Well-Known Member

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    [
    I'm at the point, and age, where I no longer care mate.

    With apologies to future generations of supporters ...

    .. I'll happily sell my soul and club to anyone who waves something shiny in my face.
     
    #9107
  8. Nads

    Nads Well-Known Member

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    It all suggests to me the ‘investors’ want everything done their way on their terms.

    That’s a positive. Means for once in my lifetime we have folk running the club who have the first ****ing idea what that means and takes.

    A ‘loan’ v assets is a smart way of protecting yourself when maybe the dream you were sold wasn’t actually in place.

    If they then take over, the club owes them, and they own the debt and credit. It’s standard business practice nowadays.
     
    #9108
  9. ROKER PARK

    ROKER PARK Well-Known Member

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    please log in to view this image
     
    #9109
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  10. Chunksafc

    Chunksafc Guest

    It does make sense, let someone else trudge around the league 1 and championship boardrooms, then takeover when it's the big boys league
     
    #9110
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  11. The Berk

    The Berk Well-Known Member

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    Buying success you say.

    I’ll have a bit of that.
    I’m envious of clubs that can, not hateful.
     
    #9111
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  12. West Winger

    West Winger Well-Known Member

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    Unless it’s the mags.
     
    #9112
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  13. The Berk

    The Berk Well-Known Member

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    Indeed, that goes without saying.
     
    #9113
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  14. sheepman

    sheepman Well-Known Member

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    Depends on the package agreed and the interest rate (if any)
    Suggested Loan and resources which is really interesting.
    If its MSD chaps suspect it will be more than just a loan with a high interest rate that's not the business they are in.
    The nature of any investment can be a kind of loan as they want their investment back plus profit.

    The SBC loan was a pure financial transaction from a global loans company
    They had no interest in the club and the interest rate was crippling us.
     
    #9114
  15. Sandy Camel

    Sandy Camel Well-Known Member

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    Seems like the takeoverometer is swinging back towards having new American overlords. I'm off to have a bit of a happy camel dance.
     
    #9115
  16. Gazj2k

    Gazj2k Well-Known Member

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    Hope we know more by Monday and we also win for 3 valuable points
     
    #9116
  17. RIC

    RIC Well-Known Member

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    The yanks are looking long term for repayment though we were told.
     
    #9117
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  18. Wor Giacchi

    Wor Giacchi Well-Known Member

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    I think this may help: https://refreshyourcache.com/en/safari-mobile/
     
    #9118
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  19. Chunksafc

    Chunksafc Guest

    Someone has tweeted Nixon (yes I know) about this and he's response -

    "I could see some sense in that"
     
    #9119
  20. TonyG

    TonyG Well-Known Member

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    Fecks sakes, there’s a free nugget of a story for Nixon then !

    wish people would leave him out the loop now after that sun story
     
    #9120
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