Significant investment by FPP has been made

[Guinness Guzzler]

yeah a convertibel loan but into madrox not safc..so the debt isnt on safc..i think..

Hope the club puts out a statement with some more detail tbh. Is it just a loan initially, which we pay ball with interest and if they fancy they could then just bugger off and have nowt to do with us again, or is it similar to the deal with the Marlins where they can be paid back in shares and eventually own a chunk of the club. Don't see why they'd want the former like, they aren't a bank, but I hope there's something guaranteeing future involvement in the club

 

[bluesman]

Where does it say ten million? just read it will find it and post.

 

[hank williams]

Praise the lord where are all the doubters now eh

 

[kildaremackem]

So we have gone from.potentislly richest owners in England to a loan from them

they arent the richest owners in egnlAND...and if they camer in it would always haver been a loan anyway..
for example abramavhivh loans the money to chelsea he put in..

 

[roker beach]

Well, we may feel a little underwhelmed that it’s not the takeover, but the good news is that FPP did not walk away and may be around for a while.

If the money is going to be spent on infrastructure, which is good, then our current squad need to start doing it in the pitch. If they do, it will give us great momentum.

 

[cluffy]

What is this then? No shares. Is it a loan that needs to be repaid?

What are they getting here? Before we get excited, let's wait and see eh

You certainly waited and seed before you joined the board like

 

[kildaremackem]

says eight figure ssum so £10 is the lowest..

 

[The Voice Of Reason]

What’s the next level been able to get a point at Lincoln/Shrewsbury...

Only joking made up for a bit good news

 

[Liverpool Beachball]

thats literally what the article says they are doing..

“There’s a large scouting network now being put in place by Tony Coton, including substantial numbers of scouts in this country, Scandanavia and elsewhere.

Is Coton not part of the recruitment team that needs overhauling?

 

[GlasgowMackem88]

On a day I needed some good news, and SAFC at pretty much an all time low since my life began in 1988, they go and reel us right back in again

 

[BigCatts]

Large investment could be anything, I’m guessing it’s maximum 10m.

 

[AB22 Easy Tiger]

They have invested in the holding company and not directly in to the club thus the ownership and shareholding remains unchanged - basically they have loaned Donald money?

No, they've invested.

 

[Ghandi Floss]

Are they literally loaning Madrox 10-12m quid? Would like and hope to know details here. No shareholdings ...

@Grumpy Old Man Does it look like this, or is it real investment? Please dumb your answer down, as I really don’t understand the financial side of all this!

 

[Perryqhill]

We don't Kno the details. It's gone from a takeover to an investment and now sounds like a loan.

It was always investment and still is.

 

[Guinness Guzzler]

At least we might be able to spend sensibly in January, just need to make sure we're still in the hunt then

 

[Sleepy]

Praise the lord where are all the doubters now eh

They're still on here, en-masse, moaning like bitches!

As usual

 

[AB22 Easy Tiger]

Large investment could be anything, I’m guessing it’s maximum 10m.

It says 8 figures, could be anything between 10 - 99 million

 

[Snappy]

Hilarious this board. Just be happy it's something.

 

[ExileBFG]

No, they've invested.

For no shares in return? Sounds like a loan.

 

[ChrisAshley]

says eight figure ssum so £10 is the lowest..

They're giving us a tenner, things must be bad.