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Scumbag Short Slagging the fans

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Maybe. Or maybe that isn’t the case at all.

He hasn’t worried enough about how us sliding into this mess affects his reputation to do anything to stop it, so I’m not sure letting the club die (not that I think it ever will) would be much of a concern either.


Don’t know. Who says someone has?
I could be wrong be wrong, but that' just running costs. Staff wages, utilities, general repairs, bar stock ect. Surely if any of those people, suppliers or contractors hadn't been paid for months someone would have kicked up a fuss by now?
 
I'm calling bullshit on that one. Not because I support Short, but because it would be an incredibly stupid thing to do, and for the most part he has been pretty guarded in how he speaks.
 
I could be wrong be wrong, but that' just running costs. Staff wages, utilities, general repairs, bar stock ect. Surely if any of those people, suppliers or contractors hadn't been paid for months someone would have kicked up a fuss by now?
The bar stock is contracted out is it not, but either way I don’t see how all that could amount to £3m a month, let alone a £3m a month shortfall over what we take in with matchday money, Tv money and parachute payments, even being in the Championship. Who knows maybe I’m wrong and just a cynical tw@t but as said this is a world of fake news where Trump can be President so anything is possible.
 
Playing devil's advocate here, but that was long on hearsay, and light on detail. The debt situation is exactly how I've described it on numerous occasions. any owner has to resolve SBC. What happens to the amounts owed to Drumaville is part of the negotiations. If the buyers buy Drumaville, then it's basically unaffected. If they buy Sunderland, then it has to be resolved in the purchase contract.
Too right
 
Everyone loved him when he was giving talks at Wembley, celebrating derby wins and sporting FTM badges
At the time we thought it meant Fuck The Mags

Can anyone explain the comments ref 'a deal having been as good as done when Sunderland in the Premier leave but then the goal posts were moved'?
Thanks,
MADBOB claimed the deal was nearly finished until a last minute problem with the valuation of property owned by SAFC (The Hilton and summat else)

Hopefully that's not where Preece got it from ;)
 
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I'm not one to criticise anyone who doesn't go any more, god knows it's been boring and shit watching us lose most weeks and this now looks like 2 relegations without even having a "battle" worthy of the name, plus obviously you more than qualify as an exile now!

That being said it always grates when I see people who aren't going say "it's better in my account than paying off Ellis". I've seen that a few times. The money that I, and others who still go, continue to spend is not going to Ellis in any shape or form. He's currently getting nothing out of SAFC, he's putting money in to cover our losses and, when he eventually sells, he might not even get back the money he has loaned the club.

What we continue to pay is, instead, going a tiny way towards helping to address the external loan which must be paid or refinanced by the end of next season and which, if it isn't dealt with properly, could spell the end of our club. We aren't funding Ellis Short's lavish existence, we're helping to fund the continuation of a club that is a hell of a lot more than the current incompetent "custodians".

Agree with most apart from paying off the debt. Correct that he isn't directly getting the money because the club is running at a loss however he's a billionaire mate, subsidizing us is a drop in the ocean. Not ideal for him granted and so, but on the grand scheme of things were just a dint, a decent dint to be fair.
 
The tightest person I know is also the richest person I know.
But putting the club into admin isn't an option for him. The only other option is to stop pumping money into an already failed project and go down the leagues. We're not the first. I think he got complacent of just managing to stay up and thought we might have been able to scrape a few more
 
People can't genuinely believe that? Have you listened to it? Giving Preece credence when he jumps from the debt being 3 figures to 9 figures and 'aah dinnaa'.

Short is bloody hopeless at running the club but he buys and sells companies and assets, has done for years, made himself a billionaire in the process, but now he's going into discussions about selling something and slagging off what he's trying to sell? Honestly, man. :lol:
 
Someone was saying at the weekend to expect some negative publicity for Short in the coming weeks.

Some pressure to be applied on him to sell?
 
I'm not one to criticise anyone who doesn't go any more, god knows it's been boring and shit watching us lose most weeks and this now looks like 2 relegations without even having a "battle" worthy of the name, plus obviously you more than qualify as an exile now!

That being said it always grates when I see people who aren't going say "it's better in my account than paying off Ellis". I've seen that a few times. The money that I, and others who still go, continue to spend is not going to Ellis in any shape or form. He's currently getting nothing out of SAFC, he's putting money in to cover our losses and, when he eventually sells, he might not even get back the money he has loaned the club.

What we continue to pay is, instead, going a tiny way towards helping to address the external loan which must be paid or refinanced by the end of next season and which, if it isn't dealt with properly, could spell the end of our club. We aren't funding Ellis Short's lavish existence, we're helping to fund the continuation of a club that is a hell of a lot more than the current incompetent "custodians".
Prepare to be told you love Short and are sticking up for him.
 
So who has been paying the near £3 million a month it costs to run the club?

I doubt it's anything like that. That number has come from a lazy journalist presuming that losses have continued at the same level as they were in 2015/16. That loss included a £27m deficit on player trading, most of which was non-cash amortisation. When looking at funding, you look at cash flow, not profit - not that a journalist would understand that. In 2015/16, while make an accounting loss of £33m, there was a cash inflow of over £24m. That's a little misleading, because we know some PL cash was received earlier than usual, but the underlying cashflow was probably neutral. I'll reassess when we see 2016/17 results to see what this year's funding requirements might really look like.
 
All boils down the the fact Bob Murray’s eyes were too big for his belly. He built the stadium too big, trying to run before he could walk. 47,000 crowds were never going to be sustainable in the long term, unless we had continued ‘success’. Thousands going then was based on the novelty factor.

His initial plan was for a 34,000 seater stadium incidentally. In the premier, we would have been like Norwich, packed out every week.

Simply put, the ground is too big (captain obvious statement at present I realise!).
We should have left it at 42,000. I know things were going great at the time but to extend it was maybe a bad idea in the long run. He was obsessed with have 'one more seat than Newcastle'. We must be the only 2 in Britain that our obsessed with attendances.
 
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