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Juan Sartori

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mikemanc said:
The financial issues that have been discovered seem to revolve around court cases, why would Donald want or be able to talk about them publicly? He said we're putting bids in for players, some of which are close to fruition and we are very unlikely to require any outside funding. So why worry about the financial issues if they appear to be in hand?
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Are they in hand? My point is more on the wider issue, little snippets keep getting released, podcast by podcast, none of it (on the face of it) is good news. It doesn’t get challenged, not even to the point of him saying that he can’t discuss it, mere acceptance. I think there would be more heard discussion on the type of sauce provided for the burgers.
 
According to the earlier podcast the club cost Donald £40m of which he had to pay Short £15m upfront. Sartori has now bought 20% so has paid £3m for his share of the £15m paid to Short.
Presumably when the balance of £25m is paid to Short Sartori will need to pay his 20% of that which will be another £5m so total outlay of £8m.
Donald never went into that last part, that's my assumption from the first part.
 
sksk3021 said:
Seemed a bit reluctant to say much about him. Still no idea what is role is, if he got 20% for £3m seems a very strange deal when we are looking to take out short term loans.
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He didn't get 20% for £3m. He put a deposit of £3m down on his 20% stake. That means he will owe a balance, and may well have paid it by now.
 
Didn't Charlie clear this up by saying that the club was bought for £40m but Short is being paid in instalments. Sartori has come on board and put his £3m share in towards the first payment to Short. So each time there is another instalment due then Sartori will put his share in out of his pocket?

If it's 20% share of a £40m club then that's £8m total. So he's got another £5m to put in via the remaining instalments? Figures are probably not 100% accurate but that seemed to be the general idea.
 
oddbod said:
for 3 million!............good investment by him if we get back to prem! 20% share of a 40 million pound valued business for 3 million is a good deal in anybodies eyes.
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He's going to have to pump in a lot more than 3 million if we want to make it back to the prem
 
Irishblackcat said:
He's going to have to pump in a lot more than 3 million if we want to make it back to the prem
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SD was asked that yesterday that, if we make it back there, we'd be able to sign messi and his reply was yes..tongue in cheek but, to my mind, Donald is trying to get the club on an even keel and change the culture of safc before calling in the big guns.
 
Shipper said:
Are they in hand? My point is more on the wider issue, little snippets keep getting released, podcast by podcast, none of it (on the face of it) is good news. It doesn’t get challenged, not even to the point of him saying that he can’t discuss it, mere acceptance. I think there would be more heard discussion on the type of sauce provided for the burgers.
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If Donald says there's a 5/10% or 10/15% (I can't remember which he said) chance we will need a loan then I'd say they are pretty comfortable that the finances are in hand. The policing and rates seem to be disproportionately high and they are being challenged. The new costs cropping up seem to relate to actions by the former board so it's beyond control other than damage limitation.

You can either trust Donald when he says the finances are in hand, I don't think we'd be offering £1m for a player if they weren't, or you can assume he's lying/hiding things from us (as is his right) and worry about something that might never happen. Personally I'm going to trust him to get on with the job.
 
oddbod said:
Does this make sense to you fella?Have you a link ?either he can invest or not! and there is not much difference between 3 and 8 million especially i assume if he is refused efl approval he will get his investment back!
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Stop flapping man, the information is out there if you actually read or listen to it.
 
wackyjacky said:
According to the earlier podcast the club cost Donald £40m of which he had to pay Short £15m upfront. Sartori has now bought 20% so has paid £3m for his share of the £15m paid to Short.
Presumably when the balance of £25m is paid to Short Sartori will need to pay his 20% of that which will be another £5m so total outlay of £8m.
Donald never went into that last part, that's my assumption from the first part.
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Cleared up pretty well here.
 
Howard the Duck said:
I read this thread before listening to the podcast. I surprised to see most saying that he was cagey on Sartori and the loans. I thought he was very clear and, as usual, candid on it all. He waffled on for about ten minutes on it.
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Op looks to be trying to stir more shit up on the back of yesterday's meltdown on here.

He asks about Sartori when SD had just spoke about him at length on the podcasts, he/she then questions if he's been approved yet when everyone knows he has as SD mentioned it on Twitter last week.

If you're any kind of fan of the club, these are things you know just by keeping up to date with media or on here.

Now we've yet another post with people making up conspiracy theories whilst totally ignoring the only real facts we do have....the ones coming from our owners mouth and it's still not good enough for some people.
 
Shipper said:
Are they in hand? My point is more on the wider issue, little snippets keep getting released, podcast by podcast, none of it (on the face of it) is good news. It doesn’t get challenged, not even to the point of him saying that he can’t discuss it, mere acceptance. I think there would be more heard discussion on the type of sauce provided for the burgers.
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Discussing things that are in or could go to court is fraught with problems--it can lead to cases being retried or yu getting a good slapping from the judge/tribunal and having to pay more--I think better that he said nowt rather than even the snippets and then when it is sorted explain it.

Mboma said:
Op looks to be trying to stir more shit up on the back of yesterday's meltdown on here.

He asks about Sartori when SD had just spoke about him at length on the podcasts, he/she then questions if he's been approved yet when everyone knows he has as SD mentioned it on Twitter last week.

If you're any kind of fan of the club, these are things you know just by keeping up to date with media or on here.

Now we've yet another post with people making up conspiracy theories whilst totally ignoring the only real facts we do have....the ones coming from our owners mouth and it's still not good enough for some people.
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Agree with you totally
 
Not sure that the long-term plan about Sartori and investment is set in stone either – part of his involvement might be as much about his connections, family and otherwise, rather than just about him putting money in. From the previous podcast, didn’t he say something along the lines of “if you need a billionaire, Juan is someone who can find you a billionaire” or similar?
 
Crayola-Kid said:
Not sure that the long-term plan about Sartori and investment is set in stone either – part of his involvement might be as much about his connections, family and otherwise, rather than just about him putting money in. From the previous podcast, didn’t he say something along the lines of “if you need a billionaire, Juan is someone who can find you a billionaire” or similar?
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You want a billionaire? I can get you a billionaire...
 
Crayola-Kid said:
Not sure that the long-term plan about Sartori and investment is set in stone either – part of his involvement might be as much about his connections, family and otherwise, rather than just about him putting money in. From the previous podcast, didn’t he say something along the lines of “if you need a billionaire, Juan is someone who can find you a billionaire” or similar?
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He sounds like he's been brought in because of his contacts, there's the not so subtle link to his father-in-law who ha been keen on buying a premier league club for a while, it's an easy fit if things go the way SD is planning.

My guess would be that SD intends to get Sartori (and possibly his family) more hands on when we get promoted, when contacts and the possibility of more money for a promotion push could be on the cards.

Few if's & but's to contend with yet like.
 
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