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FPP to take full control

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

  1. Wayne the Punk

    Wayne the Punk Well-Known Member

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    £1 and the ability to claim he was a friend who was loaded
     
    #4221
    Chip and DH4 like this.
  2. DH4

    DH4 Well-Known Member

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    So basically in a nutshell, Stewart Donald was not rich enough to buy and or run SAFC. He then contrived to "buy" the club with it's own future income. To prove to the EFL had had sufficient funds to buy and or run SAFC he contrived with a rich Uruguayan bloke to be his mate who would provide funds "as and when needed". But the Uruguayan bloke only "invests" £1 into the club with the promise of 20% of any future sale of said club for giving him credibility to the EFL . Nothing suspicious at all about that.....
     
    #4222
  3. Wayne the Punk

    Wayne the Punk Well-Known Member

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    I wish I had written that.EFL looking good here
     
    #4223
  4. Nathan Brazil

    Nathan Brazil Well-Known Member

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    More importantly (imo) he's not clever enough to run it, 10/10 for enthusiasm, 2/10 for ability.
     
    #4224
  5. BigPete

    BigPete Well-Known Member

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    I've got a bad feeling a lot more is gonna come out in the wash yet with these idiots in charge
     
    #4225
  6. Ban the Ketchup

    Ban the Ketchup Active Member

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    I’m getting the same feeling, appointing Rodwell means he doesn’t have to face the music either
     
    #4226
  7. Zig81

    Zig81 Well-Known Member

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    He’s sinking rapidly.
     
    #4227
    Ban the Ketchup and BigPete like this.
  8. Definitely Maybe

    Definitely Maybe Active Member

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    So FPP are buying the club as per the few posters who have received the info or is it bull
     
    #4228
  9. BigPete

    BigPete Well-Known Member

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    I think they were always going to get us just as I thought weve got more **** to go through first to force Donald's hand.

    Think hes desperately trying not to lose money as he wrongly banked on us going up last season.
     
    #4229
    Ban the Ketchup likes this.
  10. Nads

    Nads Well-Known Member

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    I do love the fact we are all trying to force a positive out of this latest **** show.

    We are good eggs <laugh>
     
    #4230

  11. BigPete

    BigPete Well-Known Member

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    Were conditioned to look on bright side lol
     
    #4231
    Ban the Ketchup and Nads like this.
  12. SAFC CLUD

    SAFC CLUD Well-Known Member

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    Need an idiots guide to what the f is happening with fpp
     
    #4232
    Nozs’ Hat and Smug in Boots like this.
  13. Smug in Boots

    Smug in Boots Well-Known Member

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    None of us know mate.
     
    #4233
    Kittenmittons and SAFC CLUD like this.
  14. Definitely Maybe

    Definitely Maybe Active Member

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    Has been the case since the news broke last summer
     
    #4234
  15. Smug in Boots

    Smug in Boots Well-Known Member

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    I used to know, for sure, what was going on and was given the green light to say so, just like ALS, etc.

    FPP registered at the SOL, went to the EFL, engaged people in football to advise, etc.

    Then it all went mental and now no one is sure.

    If FPP don't take over I'll give up hope and just go to the games, support the team, meet the lads and forget about progress.

    It's that important in my opinion.
     
    #4235
  16. Nacho

    Nacho Well-Known Member

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    Rumours knocking about but nothing with any credibility.
     
    #4236
    SAFC CLUD likes this.
  17. Safcman73

    Safcman73 Active Member

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    I think the fact FPP I have said nothing since the whole thing started speaks volumes and that’s why I am still hopeful they are still at the table
     
    #4237
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  18. Smug in Boots

    Smug in Boots Well-Known Member

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    They could've easily just walked away, sent a 'thank you' to the supporters and vanished ...

    ... but they're still there as the majority investors.
     
    #4238
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  19. Arlyman

    Arlyman Well-Known Member

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    I read that on here or on RTG at the time too. I think it was at one of the SOL talk-ins. Maybe he has abandoned that idea if he really is selling for less now, but of course we will have to wait and see if that is what will really happen.

    To add my 2 cents to speculation, the only reason I can think of to remove the inter-company debt obligation and then also say that FPP has asked them to do it, is if FPP really asked them to do it. And the only reason I can think of for them to do that would be if they really wanted to buy the club at the lower price and not pay Donalds higher price which includes covering the debt.
     
    #4239
  20. Smug in Boots

    Smug in Boots Well-Known Member

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    It's impossible to figure out what's going on isn't it.

    I think Donald was being deliberate when he mentioned FPP again recently.

    For some reason he's letting the supporters know that they're still involved.

    I can't get a word out of the people who might know something, which I've chosen to take as a good sign.

    Also something, as you say, has prompted this change in the 'debt' situation ...

    ... I don't have a clue what is happening but I know its not nothing.


    Methven seemed sure that they'd be gone by the end of May, times ticking.
     
    #4240
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