"investment" confirmed as a loan
- Thread starter BigCatts
- Start date
- Status
Hawyatt Earp
Striker
Which means should Donald and Methven fail, the Americans fully take over.
So... can it be today?
Let's just pray it's one of the latter two
Cappuccino Kid
Striker
Could explain Del Boy disappearing into thin air.
Last edited:
Father Jack Hackett
Striker
Someone cancel Madrox's direct debits, sharpish
The Cabbage
Striker
That’s promising. Once Donald fails - as he is bound to do - we get new owners and every single one of these failures gets bounced.
Wansbeck Viking
Winger
So what are the outcomes in this?
Father Jack Hackett
Striker
Basically, they'll own the club if payments aren't made and, if they have no interest in it can probably flatten the SOL and build a massive B&M Bargains.
May be a better way to spend a Saturday afternoon, actually.
heroesof73
Striker
We going to rise from the ashes just like the Phoenix
We going to rise from the ashes just like the Phoenix
We going to rise from the ashes just like the Phoenix
Wansbeck Viking
Winger
Coeus
Striker
None of this makes any sense to me. Why would SD take out a loan to fix a lift and sound system?
They have to pay back more you would assume and neither a lift nor speakers will help with those repayments? It's all very odd to me.
Loans are typical to accelerate a manner in which to make money, not to heap debt on yourself, no?
They have to pay back more you would assume and neither a lift nor speakers will help with those repayments? It's all very odd to me.
Loans are typical to accelerate a manner in which to make money, not to heap debt on yourself, no?
As far as I can tell it doesn't really take us any nearer to knowing the plan. They've got a charge against the assets (which will be the shares in SAFC), but I'm pretty sure SBC (the lot that loaned Sunderland money previously, not the mentalist) had similar and they obviously never had any intention of owning Sunderland. So as before it could just be a secured loan that they repay, or it might mean that FPP are intending taking over at some point (no time like the present imo)
Father Jack Hackett
Striker
Isn’t there one next to McDonald’s
Aye but we could have a mega store. Think of the size of the pick n mix, man
Super Ted
Striker
Last edited by a moderator:
f***ing mint this mind, the loan is secured against the SoL and the AoL but f***ing Methven tells us it's none of our business as they have no financial link to SAFC. That looks like a f***ing link to me, salmon pants
Last edited by a moderator:
Super Ted
Striker
Looks that way, f***ing unbelievable.
The PR from Methven makes me feel physically sick.
North Yorks Mackem
Winger
Apologies for being a bit thick but what does this mean?
Last edited by a moderator:
- Status
