Donald not responding to takeover offers?

[Father Jack Hackett]

Or maybe there’s more bad news incoming? Someone always seems to disappear just before something negative emerges.

Very true

 

[hudson88]

I hope you are right. The alternative is unthinkable.

Surely even the current lot in charge wouldn’t be so daft as to be posting on here, let alone posting what Summerbee said.

They’ll 100% be looking in on here, but as for posting?

 

[ir35]

Dave Jones deleted his twitter accoun?, probably getting grief for being another one of Donald’s puppets

He hasn’t.

 

[hudson88]

Dave Jones deleted his twitter accoun?, probably getting grief for being another one of Donald’s puppets

Still there for me

 

[Plank]

No way is that Summerbee actually Tom Sloanes. Or has it been confirmed he is?

 

[Wearside Wanderer II]

Or maybe there’s more bad news incoming? Someone always seems to disappear just before something negative emerges.

yes mate, always a common trait with these lot

He hasn’t.

he had gone last night for me.

Just looked again And he’s back from the dead.

 

[darius]

fluffer

Just a proper Sunderland Supporter, not just fair weather

 

[Hep]

doing / saying nothing for 18 months has let it get worse, to the point where it is now an utter shambles. Not sure how fans / Rawa etc. having their say makes it worse now - something has to be done

What has got worse, we've gone from a club making a loss to financial stability. The fans anger seems to be just because we missed out on promotion and a dodgy article from the daily mail.

We are the exact issues and what is the 'something' that has to be done?

 

[Binxy]

What has got worse, we've gone from a club making a loss to financial stability. The fans anger seems to be just because we missed out on promotion and a dodgy article from the daily mail.

We are the exact issues and what is the 'something' that has to be done?

What has got worse?

Well I'd say finishing in our lowest ever position for a start.

 

[deleted user 785]

What has got worse, we've gone from a club making a loss to financial stability. The fans anger seems to be just because we missed out on promotion and a dodgy article from the daily mail.

We are the exact issues and what is the 'something' that has to be done?

Financially stable?????? There are more questions than answers on that front.

 

[Hep]

What has got worse?

Well I'd say finishing in our lowest ever position for a start.

that was down to covid, Were we not 3 points/1game of second when things got closed down?

Financially stable?????? There are more questions than answers on that front.

What questions?

We lost £20m in 2018, they've turned that around. It was obviously going to be painful, but the alternative was bankruptcy.

 

[woodlebert]

that was down to covid, Were we not 3 points/1game of second when things got closed down?

This is a good point. Remaining games were cancelled and positions were voted on and allocated

 

[deleted user 785]

that was down to covid, Were we not 3 points/1game of second when things got closed down?

What questions?

Why did we need a 10m loan, that doesn't suggest we're financially stable ? Where is the missing parachute payments. Not all of it can be accounted for.
Let's not get into the different versions of how they acquired the club.

As for the playing side and our recruitment...
Also the academy is an absolute joke.

 

[Forrest Gump]

Why did we need a 10m loan, that doesn't suggest we're financially stable ? Where is the missing parachute payments. Not all of it can be accounted for.
Let's not get into the different versions of how they acquired the club.

As for the playing side and our recruitment...
Also the academy is an absolute joke.

You on?

 

[deleted user 785]

This is a good point. Remaining games were cancelled and positions were voted on and allocated

Wed have been promoted or at least in the play offs had we mustered more than 1 point from games with Gillingham and Bristol Rovers. Our form wasnt good.

You on?

Fucks thou on about?

 

[Forrest Gump]

Wed have been promoted or at least in the play offs had we mustered more than 1 point from games with Gillingham and Bristol Rovers. Our form wasnt good.

Fucks thou on about?

R E P O R T E D

 

[Hep]

Why did we need a 10m loan, that doesn't suggest we're financially stable ? Where is the missing parachute payments. Not all of it can be accounted for.
Let's not get into the different versions of how they acquired the club.

As for the playing side and our recruitment...
Also the academy is an absolute joke.

The £10m loan was an investment, it makes us more stable.

The parachute payments are not missing. It very simple, when they bought the club off short, the parachute money was used as part of that deal. Whilst a lot of people have been fooled by the daily mails spin on that, let put it in context. As part of this deal where the parachute payments were used, we wrote off £137M of debt. For me that's an outstanding piece of business.

If you were buying the club and someone said give me the parachute money and I'll write off £137M, would you agree? Think about the alternative.

 

[Father Jack Hackett]

that was down to covid, Were we not 3 points/1game of second when things got closed down?

What questions?

We lost £20m in 2018, they've turned that around. It was obviously going to be painful, but the alternative was bankruptcy.

Seen the accounts have we?

 

[Hep]

Why did we need a 10m loan, that doesn't suggest we're financially stable ? Where is the missing parachute payments. Not all of it can be accounted for.
Let's not get into the different versions of how they acquired the club.

As for the playing side and our recruitment...
Also the academy is an absolute joke.

Our form wasn't good but we need to face up to the reality that the club has to break even financially, which has meant a lot of hard decisions. There isn't a queue of billionaires waiting to lose £20+M a year on us.

Seen the accounts have we?

https://beta.companieshouse.gov.uk/company/00049116/filing-history/MzIzMzE0ODAzOGFkaXF6a2N4/document?format=pdf&download=0

 

[Grumpy Old Man]

Why did we need a 10m loan, that doesn't suggest we're financially stable ? Where is the missing parachute payments. Not all of it can be accounted for.
Let's not get into the different versions of how they acquired the club.

As for the playing side and our recruitment...
Also the academy is an absolute joke.

The club didn't borrow that money. Madrox borrowed it, and used it to buy £9m of new shares in Sunderland. You can fairly ask why Madrox borrowed the money. It actually represents part of the parachute being repaid to the club.