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The Times - Donald - Loans

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Moving the shitheads out quickly was obviously factored into the cash flow, maybe naively they underestimated the power these twats have.

Must admit the £8m we owe Short for Dong and the £5m on Alvarez is a kick in the stots......am sure there'll be more to come......Fookin Rollacoasta til the window closes....we have to stick with the Don, not these Fookas in the Magedia, he could have made a fast buck and flogged the club within a week of buying it and we wouldn't be buying seats if we were Fookin skint, would we?
 

Hull_Mackem said:
Yes I don't understand this Maggie Byrne saying Cattermole won't leave a penny behind . Why would we agree to that? He either leaves with no payment or stays and gets paid.
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They will be expecting us to pay the difference.
Say he is on £60k a week now and gets a new club paying him £30k a week then we would pay him £30k so we would save £30k on what we would need to pay him if he stays.
 
I don't believe this story. It contradicts everything Stuart Donald said on the podcast yesterday. If Juan's capital is "not even needed" this season, then there clearly aren't cash flow problems.
 
fredthefan said:
Donald probably pissing the journos off by not giving them “exclusives” and talking directly to his main audience, us.
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Ive thought about this recently too, the local media/journo's must be raging about the owner being open and talking directly to the fans as they don't have any 'exclusives' to generate clicks on the website. Couple weeks back James hunter made up a bullshit story on Twitter about the club being in chaos and the owner replied and corrected him. In the past they've got away with writing anything they wanted but we have an owner who doesn't take anyone having a pop at the club when it's untrue. I was a bit unsure about the new owner when he first came in but no matter what happens on the pitch, I do feel we have an owner who thinks like us fans, he has the clubs back and actually cares like we do.
 
The Rat said:
Worrying.

Sunderland are facing cash-flow problems only one month after Stewart Donald's takeover of the club, with the new owner speaking to seven financiers about securing loans to help kick-start his regime.

What the fuck?

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This article says nothing, from the small amount we can see without paying them to read on.

"Sunderland may tackle cash-flow issue with loans"

A journalist writing may can instantly be assumed to know fuck all about the situation. Yes, we may. We may equally tackle cash-flow issues with a pork-pie. Pointless drivel.

Only a little further down the shite journo reveals the degree of bullshit he's had to pile up to get his wanky non-committal headline out.

"The Times understands that Donald has been offered loans of £8 million... but has yet to reach an agreement with any would-be lenders. "

We're in such dire straights that lenders are OFFERING us money, but we HAVE NOT reached an agreement with them? This is the exact opposite of concerning.

The article could just as easily be headlined 'Sunderland may continue to reject any bad financial deals they're offered' but that wouldn't have made you twist. We've been clickbaited.
 
Surely Donald wouldn’t be daft enough to go on a fans podcast stating the intentions of being debt free and no more overdrafts and then arranging credit and overdrafts?
 
The Sheepfolds End said:
Surely Donald wouldn’t be daft enough to go on a fans podcast stating the intentions of being debt free and no more overdrafts and then arranging credit and overdrafts?
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Exactly, let's trust the man himself rather than a third party London based newspaper.
 
The Rat said:
Worrying.

Sunderland are facing cash-flow problems only one month after Stewart Donald's takeover of the club, with the new owner speaking to seven financiers about securing loans to help kick-start his regime.

What the fuck?

You must be logged on to see external links
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Clearly you didnt listen to what he said last night, we have been approached by several people wanting to invest but he is not interested.
 
The Rat said:
Worrying.

Sunderland are facing cash-flow problems only one month after Stewart Donald's takeover of the club, with the new owner speaking to seven financiers about securing loans to help kick-start his regime.

What the fuck?

You must be logged on to see external links
Click to expand...

You just couldn't wait to post this could you. You could brighten up a room just by leaving.
 
The Rat said:
Taking out loans 1 month into owning it? Why couldn't you give a fuck?
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Because he isn’t taking out loans

The Rat said:
Worrying.

Sunderland are facing cash-flow problems only one month after Stewart Donald's takeover of the club, with the new owner speaking to seven financiers about securing loans to help kick-start his regime.

What the fuck?

You must be logged on to see external links
Click to expand...
It’s in the newspaper so must be true
 
I've had big doubts over the new owners from day one. Personally, I think they're in well out of their depth. Hope to be proved wrong but not convinced at all.
 
Well with stories like this, you can sense the agents are well and truly rattled.
Nice one Stewart, keep it going.
 
If he is or isn't, there is fuck all I can do about it. So going to enjoy the world cup, the coming heatwave and not worry about things I can't change.

Life is much easier this way.
 
Nowt like a nuance on here...

There's the possibility that Donald has his heart and head in the right place but has also shied away from some of the more 'difficult' areas. The news that came out about Alvarez yesterday was a case in point; we knew they had done minimal due diligence and that basically confirmed it from the horse's mouth.

Don't see why the OP is getting stick. For a starter, debt isn't necessarily a bad thing anyway. It's how you manage it that matters.
 
nilid69 said:
This article says nothing, from the small amount we can see without paying them to read on.

"Sunderland may tackle cash-flow issue with loans"

A journalist writing may can instantly be assumed to know fuck all about the situation. Yes, we may. We may equally tackle cash-flow issues with a pork-pie. Pointless drivel.

Only a little further down the shite journo reveals the degree of bullshit he's had to pile up to get his wanky non-committal headline out.

"The Times understands that Donald has been offered loans of £8 million... but has yet to reach an agreement with any would-be lenders. "

We're in such dire straights that lenders are OFFERING us money, but we HAVE NOT reached an agreement with them? This is the exact opposite of concerning.

The article could just as easily be headlined 'Sunderland may continue to reject any bad financial deals they're offered' but that wouldn't have made you twist. We've been clickbaited.
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He even said that on the Podcast, we have people wanting to invest but are not interested....Paper writes a few lines hoping to shit up fans enough to get them to pay for the rest.

Rizla said:
I've had big doubts over the new owners from day one. Personally, I think they're in well out of their depth. Hope to be proved wrong but not convinced at all.
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Fuck off man, never heard of people less out of their depth, seem to have worked out exactly what the problems are incredibly quickly.

Now Short, there was a bloke out of his depth as were virtually everybody he appointed to the board hence where we are now.
 
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