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#DonaldOut

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Grumpy Old Man said:
No, because the loan is secured on, amongst other things, Madrox's shares in Sunderland, he can't sell those shares without FPP's permission. Effectively, they control any sales process. He can only really pay the loan off from his own or Sartori's resources, since he can't take out another secured loan without FPP's permission either.
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They could end up getting the club for a lot less and squeeze Donald into selling. ?
 
Grumpy Old Man said:
I don't know the full terms of the loan, but I do know the terms associated with the security, because they're all disclosed in documents filed at Companies House. So, whilst i couldn't tell you the repayment terms or interest rate on the loan, I can tell you what Donald can and can't do with the assets pledged as security.
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Could you see the yanks refusing the sale of the club if it meant getting their money back and walking away from this shitstorm?
 
Taffyduck said:
They could end up getting the club for a lot less and squeeze Donald into selling. ?
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Precisely. In fact, if they're real bastards, they could combine a couple of the loan terms with a brutal use of company law surrounding percentages of share ownership to get the club for less than £100k.
Abu Dhabi Red and White said:
Could you see the yanks refusing the sale of the club if it meant getting their money back and walking away from this shitstorm?
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Yes, if they want the club themselves, but at their price, not Donald's.
 
Abu Dhabi Red and White said:
Could you see the yanks refusing the sale of the club if it meant getting their money back and walking away from this shitstorm?
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I can see these Americans getting the club for under their valuation of £10 million pounds.

Donald valued it at what? £30 -£50 million :lol:

His ego has got the better of him and these blokes are clever. Loan him the money and wait until he can't afford to run things anymore and excepts a lower offer before he goes bankrupt.

He's been swamped by the financial aspect of running a club this size.
 
Taffyduck said:
I can see these Americans getting the club for under their valuation of £10 million pounds.

Donald valued it at what? £30 -£50 million :lol:

His ego has got the better of him and these blokes are clever. Loan him the money and wait until he can't afford to run things anymore and excepts a lower offer before he goes bankrupt.

He's been swamped by the financial aspect of running a club this size.
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Donald has always talked the talk about his financial ability to run the club even when hardly anyone else believes him. i guess it will be soon time for him to put up or shut up.
 
Ale taster said:
Trending on twitter.
All the fanzines have joined forces with a group statement.
Could a young'un post please.
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Times up Donald, I've definitely lost all faith in his ownership and lack of football acumen to take the club forward
Nelson! said:
Good on the fanzines/RAWA coming together to put that out jointly.

In most situations you'd expect at least one of the supporter led publications to hold a contrary view. The fact they're all singing from the same sheet (Parky needs to go, and so does Donald) tells you all you need to know about how bad things are.

I've never known us this unified. Time to put the pressure on in whatever way we can.
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Time to ramp it up on all forms of social media with one clear voice... this charlatan needs to go and take parky with him
 
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GordonMuchallNo1Fan said:
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when you see
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trending an assume its trump
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Looks like the ineptitude isn't just restricted to the club.

If you could pick a more recognizable person in the entire world and put it vaguely into a tweet hashtag.

Logon or register to see this image
 
pwsafc said:
Are you really that clueless , couldn’t care less what the fans forums say, this is the same groups that kissed his arse for the first 12mths!! My point which you can’t seem to grasp and people couldn’t for about 2 yrs with short is YOU NEED A BUYER FIRST before a owner can go anywhere
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Yet here you are on one, arguing like fuck with everybody challenging you.

Buyer = FPP
 
that's the January transfer window gone then. Great stuff. This should have waited until after the window shut imho.

any last glimmer of hope for this season now gone, and more serious problems coming up.
 
Wood Green Mackem said:
that's the January transfer window gone then. Great stuff. This should have waited until after the window shut imho.

any last glimmer of hope for this season now gone, and more serious problems coming up.
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As if he was ever going to give us any money anyway man...

If anything, pressure should force him to act and salvage his name.
 
MrOompapa said:
As if he was ever going to give us any money anyway man...

If anything, pressure should force him to act and salvage his name.
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regardless it's now yet another transfer window of distractions off the pitch .

we need ONE decent window to get back on track after wasting the summer due to.... yep ... off the pitch distractions.

a massively important month ahead for the future of our team and the club. The complete dross on the pitch hasn't changed all season... we need new players in asap
 
Johnsafc said:
Already paid season ticket money so it wouldn’t make a difference.

Its worth less, made major cuts within the club, the youth teams have bombed, we’ve got no parachute money left and nearly all of our talented players have left the club for buttons.
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Spot on. Little will help till renewal time.
 
Wood Green Mackem said:
that's the January transfer window gone then. Great stuff. This should have waited until after the window shut imho.

any last glimmer of hope for this season now gone, and more serious problems coming up.
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Shut up man. Some people are scared of their own shadow.

Letting Parky spend money in January would achieve nothing.
Wood Green Mackem said:
regardless it's now yet another transfer window of distractions off the pitch .

we need ONE decent window to get back on track after wasting the summer due to.... yep ... off the pitch distractions.

a massively important month ahead for the future of our team and the club. The complete dross on the pitch hasn't changed all season... we need new players in asap
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Unbelievable how naive people can be. Still believing SD and PP might turn it around if we just sit patiently.
 
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