how does that make it a plus?Also, another plus is that the short-term loan is Macquarie with a history of making such loans to PL clubs, instead of private equity like MSD.
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how does that make it a plus?Also, another plus is that the short-term loan is Macquarie with a history of making such loans to PL clubs, instead of private equity like MSD.
how does that make it a plus?
I think both are equally bad (or good depending on your view)Assuming you approach MSD because Macquarie turns you down as a bad credit risk.
We have to get used to being one of the top clubs in football (soon).
Banks see football clubs as a bad credit risk, so few are prepared to lend at all, and those that do give them junk bond ratings.I think both are equally bad (or good depending on your view)
Banks see football clubs as a bad credit risk, so few are prepared to lend at all, and those that do give them junk bond ratings.
Not sure when the club accounts are out but I've just read an article with the following quotes:
Finance expert Adam Williams has shed some light on the position Sunderland find themselves in from a commercial perspective, and how success will only breed success for the Black Cats from here on out.
Williams said: “Sunderland have a lot going for them – and that’s mainly thanks to their fans. They’ve got a massive, highly engaged fanbase. That delivers commercial income. They generated £16m in annual commercial income at the last count, which was quadruple what they earned in the first year following Kyril Louis-Dreyfus’ takeover.
“The mood music I’m hearing is that, under business chief David Bruce, they are set to post a very impressive set of financial results in 2024/25. And in 2025/26, the finances are going to boom ever further.”
Not sure when the club accounts are out but I've just read an article with the following quotes:
Finance expert Adam Williams has shed some light on the position Sunderland find themselves in from a commercial perspective, and how success will only breed success for the Black Cats from here on out.
Williams said: “Sunderland have a lot going for them – and that’s mainly thanks to their fans. They’ve got a massive, highly engaged fanbase. That delivers commercial income. They generated £16m in annual commercial income at the last count, which was quadruple what they earned in the first year following Kyril Louis-Dreyfus’ takeover.
“The mood music I’m hearing is that, under business chief David Bruce, they are set to post a very impressive set of financial results in 2024/25. And in 2025/26, the finances are going to boom ever further.”
Not sure when the club accounts are out but I've just read an article with the following quotes:
Finance expert Adam Williams has shed some light on the position Sunderland find themselves in from a commercial perspective, and how success will only breed success for the Black Cats from here on out.
Williams said: “Sunderland have a lot going for them – and that’s mainly thanks to their fans. They’ve got a massive, highly engaged fanbase. That delivers commercial income. They generated £16m in annual commercial income at the last count, which was quadruple what they earned in the first year following Kyril Louis-Dreyfus’ takeover.
“The mood music I’m hearing is that, under business chief David Bruce, they are set to post a very impressive set of financial results in 2024/25. And in 2025/26, the finances are going to boom ever further.”
I imagine gate receipts have jumped, too, this season with not only the high attendances but also the additional hospitality we now have. That Banks place must be a real money spinner, with tickets around £10k a season.“The mood music” ffs.
He’s made it sound like he’s got some inside info.
24/25 - widely reported our best year for kit sales in a generation.
25/26 - PL money.
You don’t have to be a financial guru to guess that![]()
How would you have done/do it then genius. Start with the Le Fee/Watson/Bellingham transfers if you like. As many people have said, KLD has an army of people around him that deal in billions and don’t seem to lose many of them!!So, now its borrowing money to gamble with. That is normally the way to financial ruin
Gambling is dangerous enough without borrowing the money to gamble.
Your scenario may mean that the extra 3 places higher ( if it happens) pays off the cost of the loan, it doesn't however replace the money you have spent now, so you do not have it for next season. The club will not earn enough money to pay the cost of the loan and to replace the funds it has taken early
You can't spend the same pot of money twice. If it is spent this season, then there is a shortfall in the money for next season
Now we’re in fantasy land.. Cowie, loans?? The fucker dropped a penny in the old club shop and when he bent to pick it up , it hit him on the back of his head!This is the problem with the internet. People think they know everything and have the right to. Then get their knickers in a twist about nowt.
Imagine bitd people in pubs around Wearside debating “I heard Tom Cowie has taken out a new loan! What does it mean?”![]()
2 tickets to 76 yards and an extra pie should do itWhat will Dembele cost these days?
All the mags at my work must have been wide of the mark when they said we were fucked financially - what a surprise.Not sure when the club accounts are out but I've just read an article with the following quotes:
Finance expert Adam Williams has shed some light on the position Sunderland find themselves in from a commercial perspective, and how success will only breed success for the Black Cats from here on out.
Williams said: “Sunderland have a lot going for them – and that’s mainly thanks to their fans. They’ve got a massive, highly engaged fanbase. That delivers commercial income. They generated £16m in annual commercial income at the last count, which was quadruple what they earned in the first year following Kyril Louis-Dreyfus’ takeover.
“The mood music I’m hearing is that, under business chief David Bruce, they are set to post a very impressive set of financial results in 2024/25. And in 2025/26, the finances are going to boom ever further.”
Because they’re fucked by PSR themselves?Why are mags obsessed with our finances?
5K over a couple of seasons?I'm not surprised with that analysis. I alone must have spent around £5000 on shirts and merchandise over the last couple of seasons. The Hummel gear has been that good.
Why are mags obsessed with our finances?