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SAFC Takeover Latest

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Osklen said:
You are right we don’t know anything yet about their investment plans...hopefully it’s ambitious although we do still have to meet the financial fair play rules.

It would be interesting to see how Ross would. React to having a reasonable budget. Presumably also a lot more players may be interested in coming to us if the new boards plans are communicated. Ross was right to some extent that the club does need to grow more sustainably, albeit we do need a good cash injection now to get us out this league.
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A reasonable budget?

What was last seasons budget?

I wouldn't trust him or our "recruitment team" with a f***ing penny and hopefully these new owners feel the same.
 
As Peter ,Paul and Mary once wrote an d sung.....

Where have all the Mags gone?
They've went missing
Where have all the Mags gone.
Since a week ago
Where have all the Mags gone?
Crying eyes out every one
When will they ever learn?
When will they ever learn?

Where have all the Mags gone?
They've went missing
Where have all the Mags gone?
Since a week or so ago
Where have all the Mags gone?
Shouting at shops every one
When will they ever learn?
When will they ever learn?

Where have all the Mags gone?
They've went missing
Where have all the Mags gone?
Since a week or so ago
Where have all the Mags gone
Punching horses every one
When will they ever learn?
When will they ever learn?


Where have all the Mags gone?
They've went missing
Where have all the Mags gone?
Since a week or so ago
Where have all the Mags gone
Ashleys played them every one
When will they ever learn?
When will they ever learn?

-----------------😎😎😎😎😎😎---------
This was posted on the other thread.
I've just tidied it it up.
As I say time and again
NOT all Geordie's are mags and
NOT all mags are Geordie's.

Please refer to the great unwashed support as Mags.
Don't disrespect the Geordie's who support SUNDELLAND.

Geordie and proud Sunderland supporter.
STID, FTM
 
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Biffo The Bear said:
Well i can say with upmost honesty that overjoyed was not my first emotion sir.
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Maybe in the long run this could help you lot get rid of Ashley, if we achieve takeoff I reckon the pressure will be too much and he will end up having to sell.
If I'm honest I would love the whole area to get that buzz of the late 90's back, needs a good Newcastle team as well as SAFC.
 
riffraff said:
They may well do.
I thought the FPP Sunderland Ltd was a holding company looking after F, P and Ps shares in SAFC and that F, F and P own 75 % of FPP Sunderland Ltd according to someone upthread. Which is why I asked who owns the other 25% of FPP?
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People are getting confused because it says the new english company is owned 75% (or more) by the new american company. It's actually 100% because the english company only has 1 share. We don't know who owns the new american company or what proportion of club shares the new english company will own.
 
JohnKay said:
Maybe in the long run this could help you lot get rid of Ashley, if we achieve takeoff I reckon the pressure will be too much and he will end up having to sell.
If I'm honest I would love the whole area to get that buzz of the late 90's back, needs a good Newcastle team as well as SAFC.
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It needs a f***ing garbage Newcastle and a superbly minted Sunderland. Fuck them
 
Grumpy Old Man said:
Right, the situation. The new company is owned 100% by the American LLP. As that's registered in Delaware, which has very limited disclosure requirements, it's guesswork as to who the partners are. My guess is all four. Dell isn't a director of the newco, because he's intended to be a passive investor. Going forward, I'd guess that the newco will own a majority stake in Sunderland, with the minority interest staying with Madrox.
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You certainly know your stuff mate, but I thought that Delaware disclosure thing was a bit of a myth. I've read or seen something recently about it and cant figure out what it was but it said that it wasn't true
 
Thanks for that. Hopefully his involvement is divulged, to an extent, in the press release.
Grumpy Old Man said:
Right, the situation. The new company is owned 100% by the American LLP. As that's registered in Delaware, which has very limited disclosure requirements, it's guesswork as to who the partners are. My guess is all four. Dell isn't a director of the newco, because he's intended to be a passive investor. Going forward, I'd guess that the newco will own a majority stake in Sunderland, with the minority interest staying with Madrox.
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