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S.A.F.C. - the future

Discussion in 'Sunderland' started by alan reed, Jul 24, 2020.

  1. Julio

    Julio Well-Known Member

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    Have we heard if anymore talks are planned this week or next?
     
    #9721
  2. Niall Quinn’s Dad

    Niall Quinn’s Dad Active Member

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    Was reported in ‘The Sun’ by Nixon, and was obviously denied by SD, but something happened to piss FPP off and he basically changed the goal posts. Foolish
     
    #9722
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  3. Smug in Boots

    Smug in Boots Well-Known Member

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    Yes, I posted it on here before that report and just assumed Nixon had picked it up from here.
     
    #9723
  4. Billy Batts

    Billy Batts Well-Known Member

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    Don't hold your breath.
     
    #9724
    Julio likes this.
  5. Smug in Boots

    Smug in Boots Well-Known Member

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    There are but they have to finish by 10pm ...

    ... seriously yes according to Prehab.
     
    #9725
    Julio likes this.
  6. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    Aye, you're probably right, I thought I'd seen GOM quote a likely loss of £1.5m a month but I'd misread his post. Mind the last accounts showed around £9m profit before the write off. Costs will have gone down since but if we take off the parachute payment that would have been about £11m loss. Like I say costs will have dropped a fair bit in terms of wages since then but equally our revenue will be hit massively by not having the ground open. Our ticket takings must be about £10 a ticket on average, so near £300,000 a match . Even if we get 10000 people streaming (very optimistic) that's £200,000 loss per home game. Whatever the figure it'll be high and it'll be eating into the loan.
     
    #9726
  7. Julio

    Julio Well-Known Member

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    Whats another year to wait eh
     
    #9727
    Billy Batts likes this.
  8. Niall Quinn’s Dad

    Niall Quinn’s Dad Active Member

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    Forget what league we’re in, we just need him gone. The damage he’s doing behind the scenes is setting us back years!!! Good people leaving and not being replaced, academy and infrastructure being under cut due to his cost cutting. Yes it was needed, we’re league one and when FPP do come in they will still need to be realistic with money etc, we’re League one at the end of the day... Problem is SD is hanging on to make money (you can’t blame him if I’m honest), but not to the detriment of the club/fans. Before Covid the FPP deal was enough for him to leave with a tidy sum, but he got greedy and asked for more. No one could predict this pandemic, but it will end up ruining him.. It’s all played into FPP’s hands. I Just hope the damage isnt ong-standing and FPP have a vision to turn us around (which I’ve been told isn’t an issue... their plans are big and they aren’t amateurs). Just it depends with SD shenanigans who out of the original FFP are left and if it is in fact just GF, but I’m sure the others still have a interest as the potential is there
     
    #9728
  9. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    Certainly heard that he was moving the goal posts and asking for things that weren't seen as reasonable . The extra payments would certainly fall into that category seeing as it would be their investment and their risk that would hopefully see us into the top flight and would be nowt to do with Donald. So aye, I've heard suggestions that it was things like that, genuinely can't remember if I was told that as a specific, but it rings a bell
     
    #9729
  10. Niall Quinn’s Dad

    Niall Quinn’s Dad Active Member

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    Nixon gets bad press with the fans, but he’s right 75% of the time. He can only report so much, but knows a lot more
     
    #9730
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  11. Skanter

    Skanter Well-Known Member

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    Hi Nixon !!!

    sorry couldn’t resist
     
    #9731
  12. Smug in Boots

    Smug in Boots Well-Known Member

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    I was told in strict confidence, said nothing then posted it one night when I was drunk <laugh>

    5m and 10m I was told and this after terms were agreed.
     
    #9732
  13. Niall Quinn’s Dad

    Niall Quinn’s Dad Active Member

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    Heard similar depending on promotion etc, but who knows with figures as it can all be exaggerated
     
    #9733
  14. Niall Quinn’s Dad

    Niall Quinn’s Dad Active Member

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    #9734
  15. Smug in Boots

    Smug in Boots Well-Known Member

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    Sorry, that makes no sense.
     
    #9735
  16. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    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.
     
    #9736
  17. Nads

    Nads Well-Known Member

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    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.
     
    #9737
  18. Smug in Boots

    Smug in Boots Well-Known Member

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    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!!!
     
    #9738
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  19. Zidane

    Zidane Well-Known Member

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    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.
     
    #9739
    Nads likes this.
  20. Sam Handwich

    Sam Handwich Well-Known Member

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    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.
     
    #9740
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