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Yes. Everyone misreading the first post that is fundamentally wrong on every level.

He’s paid for 59% of the club in a deal that values the ENTIRETY at £30 million. Meaning he’s paid £18 million.
Yup - albeit the first mention of £30m in the article is poorly worded and misrepresentative too - albeit he clarifies later on.
 
I don’t know why so many people are getting their knickers in a twist over such a little and insignificant thing as numbers.

The deal has to be finalised first. And so far all we have to go on what only amounts to words on a screen. Just because it says it will go through next week doesn’t mean it will.

Calm yourselves people. Getting worked up over nothing. It’s not healthy.
 
I don’t know why so many people are getting their knickers in a twist over such a little and insignificant thing as numbers.

The deal has to be finalised first. And so far all we have to go on what only amounts to words on a screen. Just because it says it will go through next week doesn’t mean it will.

Calm yourselves people. Getting worked up over nothing. It’s not healthy.
f***ing hell, the irony.
 
One thing for everyone to keep in mind is that no shares in Sunderland will change hands as part of this deal. KLD will be buying 590 of Donald's 740 shares in Madrox. Madrox will owe Donald the £11.7m he'd out in by July 2019, plus anything else he's put in since. The deal will involve KLD replacing that loan (or at least 59/74 of it), which will be repaid to Donald, and he will probably also assume responsibility for providing funds to Madrox to repay the FPP loan.
 
Classic journalist speak.

Translated it means: we have had a conversation with a very well placed, usually official, source (if it was a shitehawk, wouldn't run the piece) and maybe have even been shown documents briefly over lunch (I think we can rule that out in the current climate!) but no copy of the relevant documents or evidence has been shared with us formally to look over ourselves.

It'll be one of the main parties briefing. Either Methven, because he's a big gob and likes to stay relevant with journalists. Or maybe KLD side of things hoping it will help fuel a sense of inevitability pre EFL ratification.
You might be right.
 
One thing for everyone to keep in mind is that no shares in Sunderland will change hands as part of this deal. KLD will be buying 590 of Donald's 740 shares in Madrox. Madrox will owe Donald the £11.7m he'd out in by July 2019, plus anything else he's put in since. The deal will involve KLD replacing that loan (or at least 59/74 of it), which will be repaid to Donald, and he will probably also assume responsibility for providing funds to Madrox to repay the FPP loan.
You're going to be asked a shit load of questions based upon this post, good luck.
 
I don’t know why so many people are getting their knickers in a twist over such a little and insignificant thing as numbers.

The deal has to be finalised first. And so far all we have to go on what only amounts to words on a screen. Just because it says it will go through next week doesn’t mean it will.

Calm yourselves people. Getting worked up over nothing. It’s not healthy.
😂😂😂😳😳😳
 
The current trio may be shit at the ins and outs of running a football club but there’s no doubt about their salesmanship.
I seriously wonder if Short is still due some money. Never made sense to me that he walked away from such a large amount.
 
End of the day if you want something you pay the money. Whilst I absolutely begrudge Donald making a killing on the deal, perhaps somebody paying over the odds for us could be interpreted as a signal of intent? Far better than someone buying the club on the cheap with a view to making a profit...
Was it the Oystons that paid £4 for Blackpool? That didn’t go well at all.
 
Isn't it good to learn the market thinks our entire club is worth approximately 1.25 Didier N'Dongs...

In fact, given the exchange rate weakening of the pound since we signed him, maybe that signing was bigger in real terms than this.

Crazy.
 
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