Looks that way, really sad if true.So every so called ITK was just spouting shit?
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Looks that way, really sad if true.So every so called ITK was just spouting shit?
Looks that way, really sad if true.
I’m sorry bob but anyone with any financial nouse would have went in and stemmed the tide by looking at the books. Simple facts are they have failed massively in their business venture to make Quick money and I hope it hits the hard in the pocketgreat reply, the staff were a joke we were bleeding millions every month.
i do not defend SD anymore, but we as a club were donald ducked if we had continued trading.
Basically yes.So every so called ITK was just spouting shit?
Basically yes.
They are Sunderland supporters who want to let their fellow fans know that there is light at the end of the tunnel. What’s wrong with that, you miserable twat?why don’t they all just belt up, do they get an award if one of them happens to be correct? It’s attention seeking at its best it really is
Told he’s running the financial side of the club again, urghhhI know the old club solicitor and she left because of Methven
More chops than a chinese butchers ub the offing thenTold he’s running the financial side of the club again, urghhh
Changing sides again Berb?great reply, the staff were a joke we were bleeding millions every month.
i do not defend SD anymore, but we as a club were donald ducked if we had continued trading.
Very sensible answer and one I agree with.I'll say yes... In some form or another
Disagree, they sat on their arses and ran about like headless chickens. It ws obvious in the meetings on stid2 they were incompetent and out of their depth. No amount of editing could disguise that. (which btw is hardly likely imo, given this was a highly respected production team)
great reply, the staff were a joke we were bleeding millions every month.
i do not defend SD anymore, but we as a club were donald ducked if we had continued trading.
They are Sunderland supporters who want to let their fellow fans know that there is light at the end of the tunnel. What’s wrong with that, you miserable twat?
Bleeding millions? We posted a profit excluding the Madrox write off mate.great reply, the staff were a joke we were bleeding millions every month.
i do not defend SD anymore, but we as a club were donald ducked if we had continued trading.
Must be a f#cking long tunnel.They are Sunderland supporters who want to let their fellow fans know that there is light at the end of the tunnel. What’s wrong with that, you miserable twat?
Been muzzled mateWigan are for sale for £3.3m. Club, stadium and training ground. Thats the min amount that’d pay off all creditors thus avoiding a 15pt deduction next season. There’s been no takers. A deal for £2.2m may be possible apparently if buyer is prepared to take on a 15 pt penalty but no ones buying in covid times.
Macclesfield are no more. Wound up yesterday. For sale at £500k though a deal was possible for £150k but no ones buying in covid times.
We don’t hear much from the “it’s only flu“ crew these days.
If I was Mr Moneybags looking to buy SAFC, i'd see straight away, that as it stands with covid, there is not a chance of breaking even, never mind making a profit. I'd see a majority share owner who probably can't keep funding the club for much longer, and 2 minority share owners, one who has no money, and one who doesn't seem to want to part with his money, though we can't be sure of that, Mr Sartori may be putting money into the club. So, even before looking at any books, you would surmise that the club can't be far off the point where it is trading whilst insolvent.
I'd try and get into talks about buying the club, and if I can, then it may mean that there is actually nobody else trying to buy. Once you're doing your due diligence you will find out how close to the wind SAFC is sailing. If things are dire, I would drag it out for all it's worth, hope the club goes bust, and buy it from the Administrator, or buy cheap from desperate owners saving myself quite a bit of money. Not good for the fans, possible 10 point deduction, but good for me. Not a low risk strategy for me, but it's a punt worth taking, because the upside could be huge.
The question is, is this what's happening now?
I'm standing by to be shot down on this.
So every so called ITK was just spouting shit?