‘The real story of the takeover’

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Headline: Owners improve financial viability of club near bankruptcy and may turn a profit....

What a joke that article is. The owners have worked hard to turn our fortunes around, as such the club’s valuation increases. They haven’t announced they are selling, they have been honest throughout regarding money ringmarked as a consequence of the takeover. Their performance as owners at SAFC has been fantastic from my point of view, not sure what more we could ask for?
 
palm 1 said:
An article written by Mags in an attempt to disrupt our club days before the biggest game of the season . It happens all the time and guess what, the numpties on here fall for it hook line and sinker.
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Honestly if I didn’t read this forum I wouldn’t have paid any attention to the article. Maybe there’s a lesson to be taken away from that....?
 
quick maths said:
Headline: Owners improve financial viability of club near bankruptcy and may turn a profit....

What a joke that article is. The owners have worked hard to turn our fortunes around, as such the club’s valuation increases. They haven’t announced they are selling, they have been honest throughout regarding money ringmarked as a consequence of the takeover. Their performance as owners at SAFC has been fantastic from my point of view, not sure what more we could ask for?
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The problem is IF he sells and doesn't repay the £32 million that's being reported then he has basically took that from the club. That's why people are concerned.

Apparently bought the club for £37million from Short, used £5 million of his own money and used £32million of the club's. If he sells now for let's say £40 million. Would he repay the £32 million and take the £8 mil himself or would he take the whole £40 million, leaving us losing £32mil?
 
West_Winger said:
If only there was someone with experience of PR at the club who could counteract this kind of thing.

Oh. Awkward.
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He’d be out of his depth tbf.

Making the odd glib comment about a team two divisions above him to score easy points with the easily-swayed is more his level.
 
HarryChest said:
The problem is IF he sells and doesn't repay the £32 million that's being reported then he has basically took that from the club. That's why people are concerned.

Apparently bought the club for £37million from Short, used £5 million of his own money and used £32million of the club's. If he sells now for let's say £40 million. Would he repay the £32 million and take the £8 mil himself or would he take the whole £40 million, leaving us losing £32mil?
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Excuse my ignorance, but I don't understand how SD (or anyone else for that matter) could (allegedly) borrow money from a business he didn't own to buy that very business?
 
Sima said:
He’d be out of his depth tbf.

Making the odd glib comment about a team two divisions above him to score easy points with the easily-swayed is more his level.
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I think you need to have a look a little deeper at the work Charlie Methven and his company have done in the past before judging his PR abilities.
 
The Rat said:
Despite what certain trolls on the thread think, I actually want Donald to stay and not to sell. But i've got an agenda so not allowed to say that.
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2 questions for you seeing as you appear to know all...

1. What difference is their in using the parachute payments to pay off Short and using your own funds to run the club vs using your own funds to pay off Short and the parachute payments to run the club? Remember that once SD purchsed the club the parachute payments were in effect his anyway.

2. Given your posting history and negativity towards the owners why exactly do you want SD to stay. I'm genuinely interested in your reply to this question.
 
HarryChest said:
The problem is IF he sells and doesn't repay the £32 million that's being reported then he has basically took that from the club. That's why people are concerned.

Apparently bought the club for £37million from Short, used £5 million of his own money and used £32million of the club's. If he sells now for let's say £40 million. Would he repay the £32 million and take the £8 mil himself or would he take the whole £40 million, leaving us losing £32mil?
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Either way the club will be over £100million better off than this time last year. And it’s a huge IF, the owners haven’t suggested they are selling at all.
 
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