Serious takeover talk

It was £1m, it's now £10m, so £9m has been put into the club.

 

It's a disgrace that he's had to stop because of it. Some people should be ashamed by the bile and vitriol that they've spewed towards him and his family.

 

Confused, would that not be 11?

 

No, the statement of capital tells us how much the share capital has gone up to, like a bank balance. The SH01 form shows that £9m of new shares have been sold to Madrox, increasing the balance from the old £1m to the new £10m.

 

I hope he has reported it to the relevant authorities.

 

That says Tony Davison is still an active director.

 

Aye and it shouldn't take him having to pump money into the club for people to stop giving him crap. What a bunch of babies football fans can be. Embarrassing.

I hope that now the investment has gone through he'll feel welcome again at the games but like I say it shouldn't have taken that. Can't help but feel like the relationship is soured for good now.

If what Methven says is true, and I believe it is, the guys running the club don't deserve a scrap of the criticism they've been taking.

 

I like the part in the interview where he says that if anybody has anything to ask or say, come along to the talk ins or fire questions to them on the podcasts and they can give the answers. Basically he is calling out the faceless trolls and cowards hiding behind their keyboards, good on him!

 

That's a really good interview. Couldn't ask for more in-depth or a view into the strategic decisions.

 

Sadly there's some who will never change their views of the owners.

 

Big thanks again to @Smug in Boots for shining some light when things were looking bleak. I've had a big grin since the news came out - really exciting. Feels like we can regroup and go forward now.

Sad for the the trolls and abusive messages to Smug and Donald. Cowardly, destructive and paints the supporters in a bad light. I don't know how they can be dealt with but we're not alone in that regard.

 

Not trying to be a pedant but I thought CM's comments related to SAFC, not Madrox?

 

Completely agree mate.

 

Regardless whether you agree with all the decisions Donald has made he's a decent bloke who doesn't deserve the over the top criticism. Some criticism I'm sure he agrees with, he isn't stupid.

 

At Companies House there’s been a £9 million capital injection into Madrox which seems to have then been transferred to the club so it appears that it’s a loan to Madrox and repayable by them but not on the club’s books if that makes sense.

 

Sunderland Ltd

 

Just got a bad feeling like it’s a false dawn marra

 

Is there a waiting list?

 

"You think more of football than you do of me"!

 

It is a disgrace, but if I had the opportunity to speak to Mr Donald and Mr Methven I would ask them to see the difference between social media and the real world.

Not scientific, but I have spoken to 6 SAFC fans in person since yesterday and everyone is of course waiting for more details, but on the whole genuinely buzzing about the news. I have just been on to RTG and its depressing with people like a post called Wallace slagging everything off. Certainly on social media it gives the village idiot the same platform as a Solomon and across the road there are certainly many mag and wums acting as SAFC fans.