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New buyers put off by £20 million hole in accounts

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doon toon said:
The news I have heard is nothing to do with Bracewell and 2 wealthy businessmen, but it relates to the yanks with the Dell connection, and a deal being very close to sign off. If I am wrong so be it, but just what I was told yesterday hence my previous post. If its correct then something could happen pretty soon. Oh, and the purchase price is now £10 million.
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New owners, new direction, Donald rightly loses money for his failure. Too much like good news for Safc fans
 
doon toon said:
The news I have heard is nothing to do with Bracewell and 2 wealthy businessmen, but it relates to the yanks with the Dell connection, and a deal being very close to sign off. If I am wrong so be it, but just what I was told yesterday hence my previous post. If its correct then something could happen pretty soon. Oh, and the purchase price is now £10 million.
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Ban this fucker for life.


😁
 
doon toon said:
The news I have heard is nothing to do with Bracewell and 2 wealthy businessmen, but it relates to the yanks with the Dell connection, and a deal being very close to sign off. If I am wrong so be it, but just what I was told yesterday hence my previous post. If its correct then something could happen pretty soon. Oh, and the purchase price is now £10 million.
Click to expand...

Haway!
 
Grumpy Old Man said:
No, it's the opposite. There was an amount owed by Madrox to Sunderland for the balance of the parachute payment. This has been written off in the books of Sunderland, meaning that balance no longer exists. Capital injections after the write off crate an amount owed to Madrox by Sunderland. Having the balance that way round could actually be more attractive to a buyer, because it would make anything they put in potentially recoverable. If they were simply paying down an amount already owing to the club, that wouldn't be the case.
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Might be wrong but I thought the parachute payments could only be paid to the club itself. so how did Madrox end up with the para money?
 
doon toon said:
The news I have heard is nothing to do with Bracewell and 2 wealthy businessmen, but it relates to the yanks with the Dell connection, and a deal being very close to sign off. If I am wrong so be it, but just what I was told yesterday hence my previous post. If its correct then something could happen pretty soon. Oh, and the purchase price is now £10 million.
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Bracewell?
 
JC91 said:
Bracewell?
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Someone had on earlier they heard bracewell was involved with a bid with 2 business men
doon toon said:
The news I have heard is nothing to do with Bracewell and 2 wealthy businessmen, but it relates to the yanks with the Dell connection, and a deal being very close to sign off. If I am wrong so be it, but just what I was told yesterday hence my previous post. If its correct then something could happen pretty soon. Oh, and the purchase price is now £10 million.
Click to expand...
Here we go again lads and lasses. Dinnar if a can take it this time
 
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