S.A.F.C. - the future

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JHmackem said:
How's today's meeting shaping up do you know? Might not have been you, but did you say we should hear more today?
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Yeah I was the one how mentioned the meeting after a poster told me about it, but I don’t know what it was about and what’s been said
 
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DH4 said:
For me the clue in William Storey's tweet is the use of the word "sequest". That suggests the compulsory purchasing of shares. The only person capable of doing that is Glenn Fuhrman due to the "loan". Nobody else has the ability to sequest anything from the club.
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<laugh>

As son as I saw the word 'sequester' I sent Storey's post to a clever mate.

He said there only one entity he could mean.

I know I'm clutching at straws but wtf.
 
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Storey is probably annoyed by the fact fpp will just convert their loan to shares meaning they have to pay less to get a majority of the club and why he is claiming to have the best deal as hes offering more money.
 
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Smug in Boots said:
<laugh>

As son as I saw the word 'sequester' I sent Storey's post to a clever mate.

He said there only one entity he could mean.

I know I'm clutching at straws but wtf.
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I only know what the word means as I bought a pair of jeans from a catalogue years ago where you paid in full and then got them delivered by post. They sent 32 waist despite me asking for 34. I phoned them up and they said to return them and when they received them they would refund into my bank account. After 4 months of waiting and countless phone calls and letters (pre internet days) I happened to mention it to my bank manager. She said she would contact them as because the money was paid via my bank she had the power to sequest that money. It was in my bank account next day. <laugh>
 
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Lad on twitter:
I disagree here. How can It be 'adjustment of shares'when fuhrman/fpp or rybolev have 0 shares in sunderland to start? It would be a takeover but just with satori keeping his percentage and safc would be mostly funded&controlled by fpp or fuhrman which is better than SD involved

Storey:
They have charges on assets Inc stadium and are a long standing existing creditor with a vested interest in the current ownership.
That is hardly a new broom!
 
Huds0n said:
Lad on twitter:
I disagree here. How can It be 'adjustment of shares'when fuhrman/fpp or rybolev have 0 shares in sunderland to start? It would be a takeover but just with satori keeping his percentage and safc would be mostly funded&controlled by fpp or fuhrman which is better than SD involved

Storey:
They have charges on assets Inc stadium and are a long standing existing creditor with a vested interest in the current ownership.
That is hardly a new broom!
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He’s bitter, he knows he’s failed you can tell
 
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