S.A.F.C. - the future

[Southern A]

Shows they've got the interests of the club & fans at heart then.

I don't think we'll ever see another takeover of a major football club that is done with the interests of the club and fans at heart - that's just not football any more.

The best you can hope is for either a responsible owner, a mega rich one willing to make huge short term personal losses for long term gains, or a fan (like a fan trust).

We've got to hope these guys are a combo of the first 2 and willing to become the third

 

[Southern A]

Football changes fairly quickly dependent on results on the pitch , if we have a decent start to the season it may have an impact on the valuation of the club if we are toward the top of the league with a possibility of promotion.

yes absolutely - they could be thinking like this and weigh it up and decide the time is now. Hopefully that's the case.

 

[Magnus]

The price for all this would of been discussed, and things put in place, best way to describe it is like add ons for a player

you could say way wait 6 months, but the will already have the price in place for that

for instance one of FPP has literally just bought a club and hasn’t waited for the price to drop, he’ll already have that in the deal

 

[Southern A]

The price for all this would of been discussed, and things put in place, best way to describe it is like add ons for a player

you could say way wait 6 months, but the will already have the price in place for that

for instance one of FPP has literally just bought a club and hasn’t waited for the price to drop, he’ll already have that in the deal

Of course. But that doesn't include the psychological effect on Donald of it dragging on for 3-6 months. They can't forecast him slowly losing his mind and caving.

Look at the Grigg situation as an example (it's a coincidence its also Donald).

He could have sat down at the start of the window and worked out what he'd be rationally willing to pay at each stage of the window. There's no way he'd have rationally planned to be bidding £4m on the last day. It's the same here. Whilst they will have (and you have confirmed) agreed variances to the price based on scenarios, that's based on rational hypothesizing. The buyers can still play the emotional and psycological game of torture if they want to and watch him slowly crumble and reduce those agreed prices further. Hopefully they don't want to do that and just go for it now, as the posts above have said.

 

[King Mason2285]

Yes - which at that point I assume would mean Donald essentially gives them the club for nothing. My point was that until he's willing to do that, I can't see them agreeing to buy it, unless it's at a value so low that they're willing to fund it through this period as its offset against how much they value it at. To be clear, not saying anybody in here has said they will.

Surely the terms of the loan weren't that simple though. I know what was reported but who knows what they are.

I would say its more realistic that if he defaults on the loan there will be a set purchase price that they have agreed upon. That's the only reason I can see as to why they wont just wait until he defaults.

 

[Smug in Boots]

Surely the terms of the loan weren't that simple though. I know what was reported but who knows what they are.

I would say its more realistic that if he defaults on the loan there will be a set purchase price that they have agreed upon. That's the only reason I can see as to why they wont just wait until he defaults.

Absolutely, and judging by Donald's arrogance it will be something low because he won't believe it'll ever come to that. FPP are holding all the cards at this point.

 

[Southern A]

Surely the terms of the loan weren't that simple though. I know what was reported but who knows what they are.

I would say its more realistic that if he defaults on the loan there will be a set purchase price that they have agreed upon. That's the only reason I can see as to why they wont just wait until he defaults.

as far as I know if he defaults on the loan he loses the assets the loan is held against. If I default on my mortgage I lose my house, I don't get to sell my house to the bank for an amount that seems fair to me.

Perhaps he did negotiate something like that in but I've not seen or read it anywhere?

 

[King Mason2285]

as far as I know if he defaults on the loan he loses the assets the loan is held against. If I default on my mortgage I lose my house, I don't get to sell my house to the bank for an amount that seems fair to me.

Perhaps he did negotiate something like that in but I've not seen or read it anywhere?

Neither have I but it seems strange to put all your cards in for a value a lot less than that? I don't know it just seems strange to me and makes sense as to why FFP would want to get the deal done now rather than wait.

Suppose you could also look at it from a business point that the clubs reputation would also be damaged if they let donald go down the ****ted, hurting any future sponsorship etc.

But again.... who knows

 

[The Redbaron]

Because because, they were investing in his management team, not SAFC, as they live 300000 miles away. The money would only be needed for infrastructure and day to day expenses and not really needed as we are in a solid financial shape due to his stewardship.

Any sensible accountant will tell you not to take out a business loan if , A. Have capital of your own, use that first B. You do not need it . No one takes out a loan they have no intention of using. At the time FPP came in, being safe last August/September time, interest of between 3%-5% above bank base rate was the average. They would certainly not advise you accept at around 11% being mentioned here.

 

[Magnus]

Of course. But that doesn't include the psychological effect on Donald of it dragging on for 3-6 months. They can't forecast him slowly losing his mind and caving.

You could say that for any takeover, even before covid,
fuhrman Wants in now, and he’ll have all the prices in place for all the out comes for covid
Probably not just for this season even next with out fans,

msd all together could be about to bail out the whole EFL who are current in crisis talks with them and 7 other parties


his mates will know the short falls, the predicted losses for each league
These people have come to English football and could potential keep the whole EFL standing if the prem doesn’t come to the rescue
These are big, big players,

I’m very confident this will happen if it doesn’t , Donald has ruined what potential could be the start of one of the greatest periods in are history

The not here to take part of English football the here to takeover

 

[flandersmackem]

I'm not in the know, but my common sense would tell me that Donald MUST be talking to people about taking over this club, to suggest no talks have taken place is a little far fetched IMO.... He admitted on STID 2 he needed to attract more investment soon after taking over and as that show went on, the realisation that is was financially out of his depth was becoming very apparent. So I have to believe he is or has been actively talking to parties about selling up...the only question I have is to who and when will it happen

 

[The Redbaron]

Spelling and punctuation starting to go awry here.....

Its Kildare marra. he's just change boards

 

[Guinness Guzzler]

Any sensible accountant will tell you not to take out a business loan if , A. Have capital of your own, use that first B. You do not need it . No one takes out a loan they have no intention of using. At the time FPP came in, being safe last August/September time, interest of between 3%-5% above bank base rate was the average. They would certainly not advise you accept at around 11% being mentioned here.

The 11% is just taken from The Athletic today mind, its the first time I've heard anyone mention an actual percentage. An accountant would definitely advise against accepting the loan. But if Donald was worried about them going, the fans turning completely, and losing them as a potential future purchaser/ funder he might well ignore the accountants who would be looking purely at the figures. If it could be paid back at any time (not sure if it can, never heard anything about how it's structured) then he might have intended having it less than a year (so about £500,000 cost). If that gave him the breathing room to get us up and kept them interested as an easy group to sell to for his price in the championship, well he might well have thought it worth the cost.

 

[GStorm]

You could say that for any takeover, even before covid,
fuhrman Wants in now, and he’ll have all the prices in place for all the out comes for covid
Probably not just for this season even next with out fans,

msd all together could be about to bail out the whole EFL who are current in crisis talks with them and 7 other parties


his mates will know the short falls, the predicted losses for each league
These people have come to English football and could potential keep the whole EFL standing if the prem doesn’t come to the rescue
These are big, big players,

I’m very confident this will happen if it doesn’t , Donald has ruined what potential could be the start of one of the greatest periods in are history

The not here to take part of English football the here to takeover

Zip down...

 

[Nads]

Any sensible accountant will tell you not to take out a business loan if , A. Have capital of your own, use that first B. You do not need it . No one takes out a loan they have no intention of using. At the time FPP came in, being safe last August/September time, interest of between 3%-5% above bank base rate was the average. They would certainly not advise you accept at around 11% being mentioned here.

Exactly. Why the **** would you do it and put any assets at risk.

He needed it.

 

[The Redbaron]

The only direction SD is heading is towards the edge of a cliff , wonder how much grass he has in front of him before he bails out , not a lot I would think before he jumps .

If you watched STiD on Netflix you could see when he was negotiating for the Will Grigg transfer, his approach to doing deals or lack of nous in doing deals more like it....I would dare bet he is at that tipping point panicing & crapping himself by now. He is cattle trucked imo

 

[alan reed]

This, what happens if around the end of the year a reliable vaccine(s) is released for public use, and the lockdown quickly become a thing of the past, the price of the club could become much more expensive, now could well be the time to buy.

You mean like the polio vaccine which was around for two hundred years until it was eradicated

 

[Nads]

The Grigg deal stunk of a desperate gamble to get out the league and out of the ****.

I’ve never, ever in real life seen a deal so badly handled. You’d get fired as an employee for being so hapless under pressure.

 

[C19RK73]

Exactly. Why the **** would you do it and put any assets at risk.

He needed it.

Of course he did, that’s why he lied and said it was an investment in him, no it’s not Donald it’s secured against the club you flipping wet wipe!

 

[flandersmackem]

The Grigg deal stunk of a desperate gamble to get out the league and out of the ****.

I’ve never, ever in real life seen a deal so badly handled. You’d get fired as an employee for being so hapless under pressure.

Couldn't agree more, that whole saga was an embarrassment to the club