Micky Gray


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Well the good news is that if this particular takeover falls through for whatever reason then there are still very interested and seemingly disappointed others as backup.

That's a good position to be in for us and Short. And now that Short has shown his cards on paying the debt off he would have to do similar with the others.

It's all good.
 
I would be very sceptical that Short has wiped the debt out until it's in black and white. Very rich people tend to not get rich by giving away shit loads of money.
I wouldn't be surprised if in the details of the sale he has wiped the debt to stop the debt rising but the new owners have to pay him back over X amount of years.

Could be wrong, maybe he is just a Sunderland fan and wanted to give a huge amount of money away for the benefit of the fans.

One of the few things I have learned since the takeover is that Short really paid the debt off up front and out of his own pocket. 100%.
 
One of the few things I have learned since the takeover is that Short really paid the debt off up front and out of his own pocket. 100%.
Doesn't mean the club will be debt free under the new owners though does it? It might be debt free it might not be, at present nobody knows unless there is information out there I am unaware of.
That's all I was saying.
 
Doesn't mean the club will be debt free under the new owners though does it? It might be debt free it might not be, at present nobody knows unless there is information out there I am unaware of.
That's all I was saying.

Even if it did not say much, the takeover announcement says "I have paid off all debts owed by the club to leave it financially strong and debt free for the first time since years before I owned it"

The club will be debt free when the take over is completed (at least for the time that the switch-over happens), but if we don't get shot of the likes of Chodwell then it wont last long.
 
Doesn't mean the club will be debt free under the new owners though does it? It might be debt free it might not be, at present nobody knows unless there is information out there I am unaware of.
That's all I was saying.
:lol::lol::lol:
 
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