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Never met Smug, never will (no offence to him). Odds on SAFC making a profit is virtually nil. Any sale price would first have to go towards...
Also, not so sure MSD operate from Florida. Happy to be corrected.
Have never been on rtg, have never been on here either. Like I said, I got interested in SAFC from the Netflix series. I have no connection to...
Just looked it up and you are right. Sale price not disclosed but given gross written premiums were £10m per year (according to press release),...
I don't know SD, I don't know MSD, I don't know any of them. Whether SD is capable of getting SAFC into the Championship or not is an open...
I don’t know the MSD people myself but I have a friend who works for a different private equity firm in Santa Monica. My understanding is that...
I just do. Doesn't really matter how. Not going to elaborate. Just treat it as man in the pub rubbish if you want.
If you knew your place, it wouldn't bother you so much.
He didn't bring them to the table, he was introduced to them about a month before it began to leak. I know this for a fact. Unbelievable Geoff.
That is indeed correct. But it was £40m originally, later agreed to be reduced to £37m. But it wasn’t £15m was my point. What SD said they...
Well that escalated quickly. In my experience, most deals fail because of a valuation gap between the seller and the buyer and that seems odds on...
No idea if he thought that this was a quick flip or not, but I am fairly certain that he didn’t do enough due diligence, and he is in a hole as a...
I think they will. Otherwise there was no point doing anything. But the timeframe is a few years I would imagine. Also, as was the main point...
It’s not a loan. The question is whether they take it over for £10m or so after a couple of years after Madrox basically defaults. Or whether...
Kop that is what I have done for the last two decades. It’s my job.
The FPP is mezzanine financing. It’s not equity, it’s not debt. It’s basically a capital injection that has a bit more flexibility. But the...
I started following Sunderland after watching the Netflix series (live abroad). Have been lurking on this and RTG for a while but finally got...
