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New buyers put off by £20 million hole in accounts

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nelford_safc said:
He has spent a fortune on you and has you operating at a profit safe in the premier league. He got you a mag self entitled ‘world class manager’ and the only 2 times you were relegated you were instantly promoted. You’ve broken your transfer fee record in the last 2 transfer windows. You only think him leaving is a good thing because you think a murderous medieval regime that stones gays to death are going to buy yous the champions league.
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Totally correct marra.
 
To be honest I can't see anything other than a huge loss now for SD.

He's got to just accept it and get out.

Many wealthy people have got into football and left it again feeling many millions poorer and bitter to boot.

He had a plan, it was a life gamble for him, it's completely gone down the shitter, yet nonetheless, in football terms it's actually not THAT much money, albeit it is to him obviously.

In the same way Ellis did the right thing, now Stuart has to do the right thing and accept he's lost £20m whereas Ellis probably lost £275m.
 
TopCat said:
Lot of people on here furious about something they don't understand :lol:
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Absolute ground hog day on here.

The 25mill club loan to SBC, being paid for by the parachute payments as part of the agreement to buy the club, has been discussed so many times on this forum over the last 2 years.

Every single time you get a lot of people talking about "stealing the clubs money" when it was part of the purchase agreement with Short that the parachute payments will cover the loan.

Gets boring as hell to read.

The legitimate complaint is that Donald basically lied/didn't make it clear how the whole purchase was financed, yet it turns into "he owes us this/he owes SAFC that".
 
flusheding said:
Absolute ground hog day on here.

The 25mill club loan to SBC, being paid for by the parachute payments as part of the agreement to buy the club, has been discussed so many times on this forum over the last 2 years.

Every single time you get a lot of people talking about "stealing the clubs money" when it was part of the purchase agreement with Short that the parachute payments will cover the loan.

Gets boring as hell to read.

The legitimate complaint is that Donald basically lied/didn't make it clear how the whole purchase was financed, yet it turns into "he owes us this/he owes SAFC that".
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The owners personally claimed the money would be paid back, then it's in the accounts as a write off.
 
I think it might be an idea for Donald releasing a statement clarrifying whether the report is true or not. As it stands there's a lot of very unhappy punters that that have no idea whats going on with the club.
Be interesting to see how many season ticket holders cancel the direct debits because of this.
Worrying times indeed
 
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