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FPP to take full control

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

  1. Kittenmittons

    Kittenmittons Well-Known Member

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    How do you value an asset without doing due diligence?
     
    #3121
  2. Smug in Boots

    Smug in Boots Well-Known Member

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    You can't but the two things weren't necessarily linked.

    You can do DD with a view to an investment that's equally valid for a loan ...

    ... and vice versa.
     
    #3122
  3. ISOE II

    ISOE II Well-Known Member

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    Kits & Smug. Handbags down boys please ;-)

    The point of my post (and thanks for the reply Kittenmittens) is the price of our deal doesn’t really matter. It is its future value which is of importance (and relevance) when we think about the Mags deal. Relatively speaking we both have potential multi billionaire owners just the Mags have a bit more clout (how much they can use will be restricted) and a head start.
     
    #3123
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  4. Smug in Boots

    Smug in Boots Well-Known Member

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    I'm not arguing mate, just clarifying a point.

    The forum's for civilised debate tbf.
     
    #3124
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  5. Kittenmittons

    Kittenmittons Well-Known Member

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    Yes. I'm saying that they did due diligence and that they agreed to do the loan. Which couldn't have been done without a valuation. Glad we're agreed.
     
    #3125
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  6. Smug in Boots

    Smug in Boots Well-Known Member

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    I'm very happy to agree with all of that ...

    ... it was just the 'hence' I thought didn't fit.
     
    #3126
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  7. Safcman73

    Safcman73 Active Member

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    It seems that way and very scary considering how low we are ATM
     
    #3127
  8. smithy in nl

    smithy in nl Well-Known Member

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  9. Kittenmittons

    Kittenmittons Well-Known Member

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    I find it all utterly disgraceful to be honest. I know that half of our fans would have tea towels on their heads if this happened, but the way that they have just expressed no objections to these murdering ****s is almost beyond parody. They'll shout at shops because Ashley doesn't spend more than £50m a season, but when people who torture and execute their political opponents take over, they don't bat an eyelid.

    I've got good mates who are mags, but I'll tell you something... when you say nothing about a man like Mohamed Bin Salman... I tell you, they've gone down in my estimation.
     
    #3129
  10. Magnus

    Magnus Well-Known Member

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    Over the road, mad bob saying we’ll be took over before the mags,
     
    #3130
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  11. Hedley_safc

    Hedley_safc Member

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    Nufc announcement is due any minute now if you believe twitter sources.. I find it very hard to believe, he also said that they are not gonna be splashing the cash like the media think, apparently Amanda is bigging everything up
     
    #3131
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  12. Dave_39

    Dave_39 Well-Known Member

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    means the opposite then
     
    #3132
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  13. Dave_39

    Dave_39 Well-Known Member

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    he spent over £80m the season that we relegated them
     
    #3133
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  14. Hedley_safc

    Hedley_safc Member

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    When bein sport contact all clubs asking to block the sale, I'd be worried if I was a mag, 500million TV deal says so
     

    Attached Files:

    #3134
  15. O'conner flood

    O'conner flood Well-Known Member

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    a case of bein and gone for the mags hopefully
     
    #3135
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  16. Kittenmittons

    Kittenmittons Well-Known Member

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    I'd like them to do this but the PL are ****ing corrupt and will probably excuse it by saying they can get the Saudi TV companies onside if there's a benefit to Bin Salman and his interests.

    **** football :D
     
    #3136
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  17. ISOE II

    ISOE II Well-Known Member

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    They’ve never gone up in my estimation. They can never be trusted (ask the Seaburn lot from the early 80’s) when they asked Sunderland to pal up to fight Millwall and when Millwall never turned up they turned on the smaller Sunderland group), they rewrite history, they have a poor record with horses, have been an absolute joke with Big Mike, and now have just shown themselves as massive hypocrites by loving a murderer with no morals with little sense of irony about how they treated Big Mike! A match made in heaven. I hope it all goes to **** for them :)

    I go on work calls and lads that I didn’t know were fans are now bigging it up. You mention the irony of how they were so outraged by how Big Mike treated them and say nowt about Saudi and they just laugh, shrug and find a big carpet to brush things under. Within a year they’ll have rewritten the shop and restaurant shouting as some kind of master plan that triggered the takeover and how clever they were!

    Twunts the lot of them. FTM, KTF, No Surrender!
     
    #3137
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  18. Sunderpitt

    Sunderpitt Well-Known Member

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    So the skunks will be going from an unpleasant owner who treats his employees badly...to one that publicly beheads it's own citizens, murders others in its embassies abroad and bombs kids in Yemen...not to mention throws into jail anybody who publicly shows dissent and treats women like ****...

    Still all will be forgiven if they spend money and bring in a great iconic number 9?
     
    #3138
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  19. Snaggey

    Snaggey Well-Known Member

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    I read that last paragraph in a Kevin Keegan voice....
     
    #3139
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  20. Kittenmittons

    Kittenmittons Well-Known Member

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    Intentional :D I nearly said 'I would love it if we beat them... again'
     
    #3140

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