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S.A.F.C. - the future

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

  1. Magnus

    Magnus Well-Known Member

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    This has never been a full takeover from what I’ve been told it’s always been about Donald’s shares, if he sells his shares that’s a takeover for me, not investment,
     
    #12941
  2. Julio

    Julio Well-Known Member

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    Some of our fans will be ****ing foaming if it does go through
     
    #12942
  3. Comfy

    Comfy Well-Known Member

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    You’ve been saying it for an eternity and we’re sick of hearing it, it’s all you fecking say that’s why people are sick of both of you
     
    #12943
  4. Sandy Camel

    Sandy Camel Well-Known Member

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    If you're referring to me I never 'jumped on you' for offering an opinion. I jumped on you as you were making **** up about what I'd said. Happy to clear that up for you there marra.
     
    #12944
  5. Lucky19672

    Lucky19672 Well-Known Member

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    Until the loan is repaid and the charges removed, they do.

    As at today that's how it stands.
     
    #12945
    Chizno1, Julio, C19RK73 and 1 other person like this.
  6. Nacho

    Nacho Well-Known Member

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    Yeah and set himself and everyone involved at the club up for a massive amount of vitriol, which wouldn't have happened if there were no rumours. Don't buy the theory at all.
     
    #12946
    Guy Incognito and Magnus like this.
  7. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    I think they do have a say in investments, but I doubt they would in this case.

    Basically, as far as I know, they've loaned money and it's secured against the stadium etc. Donald can't now get further investment in terms of loans because they would almost certainly be secured, and would most likely have to be secured on the stadium as well. That would affect FPP because if Donald defaulted, there's no guarantee they'd get enough money from the stadium to pay off both creditors.

    Simply put if I loaned you £10 and said if you couldn't pay it back I'd take a DVD worth a tenner from you, I would have to make sure you didn't also loan £10 from someone else and secure it against the same DVD because if you don't pay us back we can't both get our £10.

    In this case, however, the money coming in wouldn't be secured against the same things FPP have secured it against. Its not even secured against current TV revenue, its to be repaid from "additional" future TV money. So it shouldn't affect FPPs ability to get their money back and therefore, I think, it's unlikely they could object.
     
    #12947
  8. Glencoe

    Glencoe Well-Known Member

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    I'm totally fatigued by the whole thing now. I renewed my season ticket and have bought every single stream so far this season but have now decided not to put another penny in until we get some clarity and honesty from the club. Its a small futile gesture but its all I've got left in terms of protest.

    Having said that I will probably crack at 2.59pm on Saturday and buy the game anyway.
     
    #12948
    Blond Bombshell, Sadlad and JC91 like this.
  9. Confucius

    Confucius Well-Known Member

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    Me too, I just have to persuade my son to do the same. That will be the hard part
     
    #12949
    Blond Bombshell and Sadlad like this.
  10. Essayyeffcee

    Essayyeffcee Well-Known Member

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    Hope you haven't put your shoulder out by patting yourself on the back like that!
     
    #12950
    Sandy Camel and Skanter like this.

  11. Roppa

    Roppa Well-Known Member

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    They can only dry one eye each, they’re the same ip address, same person, and if kitten appeared there’d have to be Argus he’d have that many eyes to dry.
     
    #12951
  12. Dancingstripes

    Dancingstripes Well-Known Member

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    Now I'm being labelled another poster once again :emoticon-0102-bigsm

    Your just continuing to prove my point.

    Goodnight.
     
    #12952
  13. Wheatsheaf

    Wheatsheaf Well-Known Member

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    When you really want to believe someone however the situation is unravelling around them
     
    #12953
  14. Southern A

    Southern A Well-Known Member

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    if there's no takeover then you've been getting fed duff info as well tho, right?
     
    #12954
  15. O'conner flood

    O'conner flood Well-Known Member

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    he's another bull ****ter no nowt
     
    #12955
    Wheatsheaf likes this.
  16. Southern A

    Southern A Well-Known Member

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    wasn't suggesting that at all. Just that he'd heard there was a takeover but it wasn't Fuhrman or Storey. So if the takeover was a complete fabrication then his source (whoever it is) has also been misleading him.

    Hopefully for all our sakes none of the sources have!!
     
    #12956
    Wheatsheaf likes this.
  17. Confucius

    Confucius Well-Known Member

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    What is this supposed to mean? You’ve been strongly hinting it will go through in some way
     
    #12957
  18. Wheatsheaf

    Wheatsheaf Well-Known Member

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    I've been told early November barring any hitches..that's hasn't changed just lots of finacial uncertainty going on around the edges..
     
    #12958
  19. John 11:35

    John 11:35 Well-Known Member

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    Donald seems to put off investors because he’s pretending to be something he’s not.

    When questions are asked his answers are too vague, too long and often inaccurate. If you’re buying third party fire and theft that’s something to be endured but if you actually want to buy something as complex and expensive as a football club it’s a problem.

    Sammy Yu tried to get talks going a couple of times but couldn’t get with Stew’s patter. Ultimately the buck gets passed until someone like Mark Campbell is in negotiations <doh>
     
    #12959
    Blond Bombshell likes this.
  20. Bob Cheval

    Bob Cheval Well-Known Member

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    Does he put off investors? Other than FPP have any of these so-called potential buyers been real? Campbell appears to be a chancer, ZZ Pop is a loon, Micky Gray was bankrupt. None of these people have any money at all. The only real bidder was FPP and at a price SD would wear a big loss on.
     
    #12960
    C19RK73, Dorset, John 11:35 and 3 others like this.

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