"investment" confirmed as a loan

[Secret Visage]

This looks like a huge clutching of straws.

Not at all. This is a calculated incentive by the looks of things. Get things sorted or we have the option to take the club.

Juan is by the looks of things the only one who'd personally be able to cover the £9 million repayment if he wanted to.

 

[shepherd88]

As you know I work for Americans, reputation isnt everything to them, it’s the only thing. Now I don’t know anywhere near as much about this as you do mate, but I’d agree wholeheartedly that these lads will not take a chance on reputational damage by allowing anything detrimental to the club. I know next to sod all but the impression I get is that Mr Donald and Mr Methven have been comprehensively outmanoeuvred.

And we can apply the same to Short, so we weren't in any administration trouble before SD and CM took over. Think a few said this at the time as well

 

[Thrall]

Not at all. This is a calculated incentive by the looks of things. Get things sorted or we have the option to take the club.

Juan is by the looks of things the only one who'd personally be able to cover the £9 million repayment if he wanted to.

Juan who we haven't heard from for months? He was just a front to buy the club ffs man. I honestly believe some of you lot believe in santa and the Easter bunny.

 

[Secret Visage]

Juan who we haven't heard from for months? He was just a front to buy the club ffs man. I honestly believe some of you lot believe in santa and the Easter bunny.

Juan wasn't involved when the club was bought.

 

[Thrall]

Juan wasn't involved when the club was bought.

Juan name was banded about from day one.

 

[Secret Visage]

Juan name was banded about from day one.

But not involved in the initial purchase which is what you intimated.

 

[Thrall]

But not involved in the initial purchase which is what you intimated.

Don't try and twist it, he was there as the carrot on the stick.

 

[Deleted member 39436]

A private investment that’s between Madrox and FPP that has no links to SAFC is what was said.

Apart from the legal charge against all our infrastructural assets. They can call it investment as much as they like but that is a loan and the owners are quite clearly misleading supporters with their public comments.

And have done since day one but some of the f***ing idiots on here have been blinkered by their spin

 

[Secret Visage]

Don't try and twist it, he was there as the carrot on the stick.

Just cold hard facts.

Anything else is supposition.

 

[luvulongtime]

Juan who we haven't heard from for months? He was just a front to buy the club ffs man. I honestly believe some of you lot believe in santa and the Easter bunny.

whoa ffs he isn't real ?

 

[Thrall]

Just cold hard facts.

Anything else is supposition.

Bollocks mate and you know it. He was going to be the big boy with his big family tease.

 

[Secret Visage]

Bollocks mate and you know it. He was going to be the big boy with his big family tease.

No bollocks about it.

JS wasn't mentioned on the day the news broke that the club had been sold by Ellis Short.

Try again....

 

[Thrall]

No bollocks about it.

JS wasn't mentioned on the day the news broke that the club had been sold by Ellis Short.

Try again....

So you were blinkered enough to believe Donald was our solitary investor that was going to get us back to the promise lands?

 

[one armed boxer]

Which means they lose the club. I suspect that if it came to that, and the Americans wanted the club, they'd simply activate the bail in clause.

Can u explain what a bail in clause is please.

 

[123SunTan]

Can u explain what a bail in clause is please.

Mumba gets to play?

 

[one armed boxer]

Mumba gets to play?

BAIL man BAIL! should have gone to spec savers!

 

[Grumpy Old Man]

Can u explain what a bail in clause is please.

The right to convert some or all of the loan into shares, thereby acquiring control.

 

[one armed boxer]

The right to convert some or all of the loan into shares, thereby acquiring control.

The Americans? And who has the right to activate that, them or Donald?

 

[Grumpy Old Man]

The Americans? And who has the right to activate that, them or Donald?

The Americans. It's a right they have in the event of a default, and it's cheaper and easier to do than calling in the security.

 

[Luna17]

The good news is that PP has held talks with SD after his evaluation of the squad and SD knows what is wanted.
If we can just hang in on the coat tails of 6th, you just never know.
For me, the top 2 has gone. We will be 10+ points away by Dec 31st.