New buyers put off by £20 million hole in accounts

[Grumpy Old Man]

Jack Ross had said he'd had discussions with them and from the way he was talking it was very much a takeover rather than mere investment that they had in mind.

Bob's being imprecise. Them taking a controlling stake is a takeover, simple as that. He's talking about them not wanting 100%, which is possible. Anything more than 50%+1 is a change of ownership.

A controlling stake in a company is over 50% and therefore a takeover, is it not?

Spot on.

 

[No. 1 is Gary Rowell]

What do you mean do I believe it? He's backed up what I was saying.

You were the one saying the owners were liars for saying "categorically" that a buyer would have to buy Madrox but then later saying they might use Madrox to buy other sporting companies.

I was pointing out that it wasn't what they said at all, that they actually only said it was "most likely" they'd sell Madrox, and that they said at the time that a buyer "could" buy the club from Madrox. I also pointed out that the statement was made long before they mentioned they might buy other sporting companies anyway so it's entirely possible that at the time they said it there were no plans to buy other sporting companies with Madrox whereas later they decided to consider doing it. I.E. the owners weren't lying, you were lying about what they'd said.

Grumpy has now told you that "both routes seem plausible".

Seriously, man. Just admit you were wrong and let's get on with our lives.

They said within months of being given the club that they were looking at other ventures man.

 

[Guinness Guzzler]

FPP never wanted to buy the club

If they never wanted to buy the club, why did they agree a price with Donald for a takeover?

 

[SVU]

Just when you think bob can’t get any worse, he comes out with another verbal turd.

I can imagine him sucking up to the owners:
‘Everyone love me and believes me on rtg, what do you want me to tell them? Oh don’t worry I’ll put them right and make sure they get behind you again’

From his avatar he’s at least in his 60s, how embarrassing to be coming out with such crap at that age.

 

[The Cabbage]

Erm what’s he got right in the last few weeks like?

He got the chief exec thing right. Can’t think of anything else though.

 

[lozza]

Just when you think bob can’t get any worse, he comes out with another verbal turd.

I can imagine him sucking up to the owners:
‘Everyone love me and believes me on rtg, what do you want me to tell them? Oh don’t worry I’ll put them right and make sure they get behind you again’

From his avatar he’s at least in his 60s, how embarrassing to be coming out with such crap at that age.

Just when you think bob can’t get any worse, he comes out with another verbal turd.

I can imagine him sucking up to the owners:
‘Everyone love me and believes me on rtg, what do you want me to tell them? Oh don’t worry I’ll put them right and make sure they get behind you again’

From his avatar he’s at least in his 60s, how embarrassing to be coming out with such crap at that age.

Like listening to a boris Johnson speech as clear as mud

 

[Butters]

sorry on this point we disagree, SD is not a liar at all he made a few mistakes but over estimated what he could change, and made statements to that fact.
A bit like Short promised the world the gave us Byrne and Bain.
Them 3 started the rot, these 2/3 have just not been able to stop it.
Honestly FPP never wanted a full buyout ,they wanted the 3 amigos to move it forward, but shit happens and things do not go to plan.
I am not sticking up for SD or CM but this was/is a bigger job than they thought, thats my take on it.

 

[Roker Pierre]

He got the chief exec thing right. Can’t think of anything else though.

Looking like he was right about the Newcastle takeover as well. That doesn't seem to be going as smoothly as it supposedly was a couple of weeks ago and tbf he did say that wasn't as straight forward as the press were saying.

 

[The Cabbage]

Looking like he was right about the Newcastle takeover as well. That doesn't seem to be going as smoothly as it supposedly was a couple of weeks ago and tbf he did say that wasn't as straight forward as the press were saying.

Hope so.

 

[heroesof73]

Like listening to a boris Johnson speech as clear as mud

Aye and it seems to be on repeat just like his mantras

 

[martinlumley]

Just when you think bob can’t get any worse, he comes out with another verbal turd.

I can imagine him sucking up to the owners:
‘Everyone love me and believes me on rtg, what do you want me to tell them? Oh don’t worry I’ll put them right and make sure they get behind you again’

From his avatar he’s at least in his 60s, how embarrassing to be coming out with such crap at that age.

fuck me who do you think rtg are like? its a few hundred lads on a message board, out of 30 odd thousand fans, many of whom have never heard of rtg. laughable.

 

[iansun]

Set up a ltd company, just to dissolve it a year later , honestly bob has got to be the most deluded person on this board

Not while mags are still on here he won't be.

 

[gards2]

As is his want haha or pleasure!

So, massive thread.

 

[Deleted member 30053]

What and you think FPP wanted to buy us out. ???
I thought you were more savvy than that.
FPP have NEVER wanted to buy us out, they just wanted an investment in a UK football team/club who had massive potential . that's why Michael never got on board.
He thought it was a massive risk to buy a club.

Surprised no-one has pulled him up for “Michael” yet. First name terms with one of the richest men in the world eh?

Bob man they did, SD even said he didn’t know if the new owners wanted him. Stop peddling this shit on behalf of Donald, he’s a lying f***ing toad and a hopeless owner of football clubs.

Donald is that pathetic he is now living vicariously through Bob on the SMB.

Don’t apologise for disagreeing marra, it’s healthy sometimes. SD has lied about the takeover, investment and loan, no two ways about it. That’s just one of a few things he was caught out on. He tried selling to Campbell even before FPP came along, now he’s said he was always looking to investment. They haven’t been able to stop it and made it worse because they are inept, employed their mates and ensured the piss party continued, but on their terms. FPP wouldn’t have a clue who they were and they don’t travel 1000s of miles in a private jet just for the hell of it. If FPP don’t want us, fine, if their intention was to invest in those 3 knuckleheads, thank fuck then. However SD hasn’t the first clue how to run a football club, the whole place is a shambles, now he took the risk thinking he could make a few bob, so he should take the rough with the smooth and fuck off losing money and selling the club for what it is worth, not what he thinks it is worth so he can save some Wonga and buy some poor bastard other club

Great post!

 

[SVU]

fuck me who do you think rtg are like? its a few hundred lads on a message board, out of 30 odd thousand fans, many of whom have never heard of rtg. laughable.

Yeah, I know that. Does he though? He spends plenty time trying to rally the troops in Donald’s favour as though it’ll make a difference.

 

[Zak's Dad]

There are 5 or 6 reasons why we are where we are going back 12 years, until we accept all the parts, and move forward stop the shit digging we are never gonna move to where we need to be

Bob,

I absolutely agree with the first bit, this clearly isn't an overnight occurrence and there a number of books to be written about it.

The second bit though?
We (the fans) have no control over whether we move forward, in individual games we can sometimes make a difference, but the only people who have the direct power to move us forward are the team on the pitch and the owners. Why is it up to the fans to act differently and not the owners?

 

[raven_5]

Don’t apologise for disagreeing marra, it’s healthy sometimes. SD has lied about the takeover, investment and loan, no two ways about it. That’s just one of a few things he was caught out on. He tried selling to Campbell even before FPP came along, now he’s said he was always looking to investment. They haven’t been able to stop it and made it worse because they are inept, employed their mates and ensured the piss party continued, but on their terms. FPP wouldn’t have a clue who they were and they don’t travel 1000s of miles in a private jet just for the hell of it. If FPP don’t want us, fine, if their intention was to invest in those 3 knuckleheads, thank fuck then. However SD hasn’t the first clue how to run a football club, the whole place is a shambles, now he took the risk thinking he could make a few bob, so he should take the rough with the smooth and fuck off losing money and selling the club for what it is worth, not what he thinks it is worth so he can save some Wonga and buy some poor bastard other club

Pretty much this. Beg the Americans to take it for 10m and move on, nothing to gain anymore, Donald.

 

[pwsafc]

What and you think FPP wanted to buy us out. ???
I thought you were more savvy than that.
FPP have NEVER wanted to buy us out, they just wanted an investment in a UK football team/club who had massive potential . that's why Michael never got on board.
He thought it was a massive risk to buy a club.

I know you wont be bothered but your getting some stick on the 606 msg board, I posted to posts with nothing offensive in and suddenly I'm banned for nowt

 

[Sons of The Wear]

Let’s be factual. The takeover was always takeover and not about a small investment as has happened. It was a whisker away from happening and only the owners and FPP know why it didn’t materialise.
Could it be that FPP thought it highly unprofessional that the owners were telling certain factions what was happening before everything was signed, sealed and delivered?

Whatever the reason for it failing to materialise, it was disingenuous that in a subsequent meeting with RAWA that Charlie Methven suggested that there was a problem attracting investors to SAFC because “there is a specific problem with Sunderland fans and they are known in the game as an issue and that isn’t attractive to potential investors” as per the released minutes of the RAWA along with the charming analogy that “the club need to be like the well presented girl going to the ball-not the drunk girl jumping about with mascara running down her face”.

Trying to blame the fan base for the failure of the takeover is not on, just as it’s ridiculous to say that the joint fan groups statement in December (at the lowest ebb in the history of SAFC and which most fans agreed with at the time) has stopped any potential investor coming in to buy SAFC. The owners need to take some responsibility for the takeover failing, and should also stop asking and actively encouraging any individual supporter to come onto this message board to act as their apologist as Is clearly happening as the lad is a Sunderland fan of long standing and should not be used in this manner. This sort of manipulation is so transparent.

 

[Scotty 1978]

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