Significant investment by FPP has been made

[Secret Visage]

Season card payments tomorrow.

Good timing.

 

[Bamber]

The investment will be made initially into the club’s holding company, Madrox Partners

Sunderland Association Football Club wont see any of it then

 

[No7]

Twice in 1 day? Yeeesssssssssss

 

[Hawyatt Earp]

YYYYYESSSSS. Finally!!!

 

[Seaham Towny]

Im very sus about this. Very wishy washy- mentions coton and the scouts continuing. Business as usual apart from a mythical "investment" coming in.

Would you have preferred a pdf of the contract or something?

 

[Dadsarmy73]

I fully expect Messi, Aguero, Hazard and Salah I’m by the end of January

 

[c1ark73]

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[No7]

"significant investment" could mean anything tbf. Just announce it or fuck off man.

8 figure investment. For you Phil, that means 10m upwards

 

[Pacific]

i'm no expert so this might sound daft but why are they sticking money in without taking any shareholding?

what do they gain from doing that

 

[Carl and the Passions]

Not taking shares is interesting. Basically a big loan then?

 

[Secret Visage]

Bit more detail

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[Carl and the Passions]

i'm no expert so this might sound daft but why are they sticking money in without taking any shareholding?

what do they gain from doing that

Interest payments and it’ll be secured against something

 

[TheSunderland]

Hopefully they realise how far out the depth the current owners are and try to get a majority
Sounds more like a loan than anything else...

 

[niknak_123]

New Dell laptop ordered again

 

[Roker Mackem]

Would you have preferred a pdf of the contract or something?

No just need someone to explain what it all means really- why are the shares still as before?

 

[Sleepy]

"significant investment" could mean anything tbf. Just announce it or fuck off man.

Im very sus about this. Very wishy washy- mentions coton and the scouts continuing. Business as usual apart from a mythical "investment" coming in.

Nothing is ever good enough eh lads!

 

[Roker Mackem]

Nothing is ever good enough eh lads!

Im not a Phil- far from it. Just wondered what it all means... confused by the share thing.

 

[Teed]

Sounds dodgy to me this.

 

[Deleted member 44493]

Even more reason for us to be everyone’s cup final

 

[Liverpool Beachball]

The group will not be on the shareholding register of the club as a result of this deal, but are believed to be investing a sum around the eight-figure mark.

It will be used to boost the club’s recruitment and academy structures, as well as the Stadium of Light and other infrastructure.

The investment will be made initially into the club’s holding company, Madrox Partners. Stewart Donald will remain the majority and controlling shareholder of that company.