FPP to take full control

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Zidane said:
Its not that unusual. Football history is full of reasonably successful businessmen who think that their obvious (to them ) leadership skills will waft (insert average club name here) from football backwater to champions League.
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But he has literally done nowt as far as i can see? I was over the moon with him and his connections but it just sounds like a pretend back up that was never actually there
 
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Porterfield73 said:
what if he's only brokering a deal, on behalf of some wealthy, ambitious, astute investors? surely we'd have to at least listen to his/their plan?
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Have you read the thing about him on the SMB? Sounds dodgy as **** and obviously didn't have any wealthy people with him when looking at us previously or Falkirk since he couldn't get either deal done. He sounds like an absolute bullshitter, and I know the lad seems to divide opinion a bit but GOM has spoken to Campbell previously and seems to agree with the opinion that we shouldn't want him anywhere near us. Sounds like Donald has been listening to him, but my concern is that cash flow might be so bad he'll just flog to anyone. Given what has been said about him previously I certainly wouldn't want him here unless there was some cast iron proof of the backing, the plans and everything else. And even then I wouldn't trust him
 
Do you think our owners and managers in fcuking up Sunderland in the past year years can be compared to Bonko's/Trump's fcuking up the handling of the Covid 19 pandemic....

A lot less deaths obviously but in the sense of total mismanagement!
 
Sunderpitt said:
Do you think our owners and managers in fcuking up Sunderland in the past year years can be compared to Bonko's/Trump's fcuking up the handling of the Covid 19 pandemic....

A lot less deaths obviously but in the sense of total mismanagement!
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In the sense that if decisions needed to be made the wrong option was always taken, so yes. If option A was the best way to do something, then as sure as night follows day option B was chosen. Not just once but repeatedly.
 
Essayyeffcee said:
Then no doubt they'll have someone do a background check on him before they will agree to this. If his history is as bad as its said on here then surely they will knock the whole head on its head
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Unless FPP get their money back as part of the deal, at that point they might not be quite so concerned
 
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Essayyeffcee said:
There is that but there must have been some kind of reason why they loaned the money in the first place and why they haven't asked for it back before now with the way things have gone
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I think the important thing (which I don't know the answer to) is how the loan is set up. I have reason to believe they might still be interested, but if the loan is set up so that it can be paid back at any time then they wouldn't have a choice, other than making a counter offer for the club which they might not want to do, depending on the price etc. But if the loan is set up differently so it can't be repaid early without their agreement then aye, they might choose to scupper it. My gut feeling is it'll be the latter, the loan was their idea and heavily weighted in their favour, so hopefully they would have a say. Bloody hope so anyway!
 
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Guinness Guzzler said:
I think the important thing (which I don't know the answer to) is how the loan is set up. I have reason to believe they might still be interested, but if the loan is set up so that it can be paid back at any time then they wouldn't have a choice, other than making a counter offer for the club which they might not want to do, depending on the price etc. But if the loan is set up differently so it can't be repaid early without their agreement then aye, they might choose to scupper it. My gut feeling is it'll be the latter, the loan was their idea and heavily weighted in their favour, so hopefully they would have a say. Bloody hope so anyway!
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I have to agree with you. For 3 multi billionaires to loan money to an English football club and then weight the whole deal in their favour does suggest that they want to take it over on the price they want to pay. As for paying it back before any deal or whenever Donald decides, we only have Donald's say so on that and after everything he's said in the past, I would take it with a pinch of salt.
 
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Guinness Guzzler said:
Not necessarily. We don't know the detail. Did Short actually want to leave us debt free so he took the SBC loan, and then wanted his price of £40m which he expected Donald to pay himself? Short would then use some of that sale to satisfy the SBC debt that he took on, and he'd think that the club was debt free, with a £25m parachute payment to come in and generally in a great position.

Or was the agreement always that the club money would be used to pay that club debt (Short would wipe all the other hundred and odd million but not that bit) and he only wanted £15m from Donald.

We don't know is the short answer. But when Donald came in he explicitly said he was paying £40m and that Short just had security over the parachute payments so that if Donald didn't pay him (the £40m), Short could take those payments in lieu but not to worry because that wouldn't happen. That is exactly how you'd imagine the first scenario would work, because Donald wouldn't have £40m cash so Short would need a form of security. The fact Donald so specifically said that's what it was for, and the fact he has since mentioned the the money will be paid back as needed, suggests to me that the first option was what was meant to happen.

Donald has also said that he wouldn't feel bad about "keeping" the parachute payments if he had to sell up before he wanted to, and that the intention was always to invest "up to" the £40m.

Is not beyond the realms of possibility that initially he intended to pay the full £40m because he thought he'd get us up and sell for a profit. As that became less likely he realised that there wasn't a legal obligation to do so, so he could just avoid doing it (and if he's being decent he'd deduct it from whatever he gets when he sells ). But now with cash flow obviously an issue, we really need that money in safc , not "resting" for want of a better term with Donald
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This is my problem with donald the lying c@@t. Podcast 1 he talked about the parachute payments absolutely only being used for security. 5 mins into his 2nd podcast he started to waffle out a different story, at which point i turned it off and havnt listened to the bullshitting conman since.
 
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There is a lot of talk over the road about Mark Campbell been back in for the club..see below from a falkirk forum from page 4366 onwards some stories about the fella, he seems to be an out and out con-man by the look of it, especially about taking over the pub from the landlady

https://www.pieandbovril.com/forum/index.php?/topic/138524-the-falkirk-fc-thread/page/4366/#comments

Also a lot of research gone into the below link but if you skim over it, theres a lot of bad reading about him, showed proof of a grand total of.....£800,000 funds

https://www.kwjamieson.com/blog/2020/2/19/falkirk-fc-a-case-study
 
The Exile II said:
Remember when it couldn't get worse than Short?
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Somebody posted the article yesterday on this forum and RTG about his failed attempts last year (last years article) then a few others started threads about that his interest is still genuine and hes been talking for a couple of months now....could be just a wind up but never the less that bit info above doesnt bode well, If SD and CM are Dell Boy and Rodney I dont think this fella even has a 3 wheel van
 
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6inarow said:
Somebody posted the article yesterday on this forum and RTG about his failed attempts last year (last years article) then a few others started threads about that his interest is still genuine and hes been talking for a couple of months now....could be just a wind up but never the less that bit info above doesnt bode well, If SD and CM are Dell Boy and Rodney I dont think this fella even has a 3 wheel van
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Mentioned yesterday but it sounds like it's true. Also ties in a bit with the strange feeling I've had for a while. Namely that the season card thing seemed really strange if the owners thought they would be here long term, it seemed absolutely crazy to announce what they did and be so slow to correct it. It felt like they didn't give a ****, as if it wouldn't be their problem. The last time they were near to selling to Campbell was around the play off semi final time when, again, they didn't bother trying to promote it to try and increase attendance (even though they'd previously been dead keen to get every single person attending). It seemed like they didn't have to keep up the act any more (or didn't think they did) because they'd be gone, so they stopped giving a ****, because it wasn't going to be their problem, just like it feels now.

I still haven't heard anything from RAWA about this one, and I don't think anyone there thinks a sale is close, but someone else who I would trust not to be bullshitting and who might well be in a position to know has said that it's true about Campbell and that it's been ongoing for a few months and is getting to a serious stage. If RAWA say anything about him, and if I'm allowed to pass it on, I will do because this is someone we can't have involved at our club
 
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