SAFC Takeover Latest

[THE_MAINSTAND_BAND]

People going over the top like. We don’t know how these will invest,and we still have Jack Ross in charge who is totally clueless.

 

[safc_1973]

"They saw us crying on Netflix"

Got to be a new song for tonight

 

[KNGHTHOOD]

Gee what they'll do because tickets weren't going well for tonight.

 

[samaistonsrightfoot]

I’ve been critical of them in the past for certain things but fair f***ing play here like

Yes I've been critical of them as well for the playing side but now I can see why they didn't give a fuck about that as they just wanted to set us up to sell us to the demi gods.

 

[fixxxer]

75% of their own holding company which will look after their % of safc shares. Stewie n Charlie have their own holding co looking after their % of safc shares.
Which leaves 2 questions:
Who owns the other 25%?
What % of safc shares are owned by each holding company?

its says "75% or more" doesn't it? Not strictly 75%

 

[Comeback_Kenwyne]

None of that is visible in that FPP Sunderland Limited has only just been registered. Companies are usually formed like this to acquire the shares in the target acquisition company, be it a percentage or in whole. It could be a holding company, all will be apparent in due course. No amount of speculation will give a final position, just yet. The interesting thing is that it is registered at the club address, which suggests the rest is imminent and will follow in due course. SD and CM are not directors of this listed company but that doesn't mean that they can't be or won't be, it very much depends on the structure adopted. Interesting that there is a registration tying it back to the USA and specifically Delaware.

Delaware is a tax haven, no?

 

[Sid]

Dellicious!!!!!!

Edited

 

[ivanthereasonable]

Still on a f***ing train. I told you this would happen.

The inconsiderate bastards. Sack the board.

 

[JohnKay]

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Delightful, guess all those messages and the nights up praying didn't work out for them

 

[Julio]

People going over the top like. We don’t know how these will invest,and we still have Jack Ross in charge who is totally clueless.

If you cannot get excited about having maybe the wealthiest owners in world football i would jack it in like

 

[ironman]

There is no other 25%. The new American company owns 100% of the new English company. FPP are directors of both companies. That's all we know so far, I think.

F ING marvelous

 

[Roker Mackem]

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Looks like that thread has gone mysteriously quiet. Hmm wonder why

 

[Secret Visage]

@geordiedean has entered the denial stage.

 

[Deleted member 26022]

Delightful, guess all those messages and the nights up praying didn't work out for them

Total Sport tonight

 

[LondonBlackCat]

its says "75% or more" doesn't it? Not strictly 75%

As @Heaton_mackem pointed out, there’s one share in the Ltd co, owned by the American LLC.

The shares in SAFC will be divvied up in a company further down the chain no doubt.

75% or more can mean 100%, it seems CH doesn't specify if it's 100%. Just looked up the company I work for an it's the same 75% or more, despite definitely having only one controlling party.

 

[SAFC 2012]

Look at that little weasel @geordiedean calming everyone down man

 

[Northumberland Rocks]

Note the arms folded across the chest so as to hide the gravy stain.

cant hide the fat gut though

 

[Deleted member 13050]

Exactly my point

Where's this other 18% gone? As they've apparently taken 75%.

That’s not what that record at Companies House means

 

[Deleted member 26022]

Looks like that thread has gone mysteriously quiet. Hmm wonder why

all gone to jump off the Tyne bridge fingers crossed but honestly who give a fuck, today's a day to celebrate

 

[Deleted member 43563]

People going over the top like. We don’t know how these will invest,and we still have Jack Ross in charge who is totally clueless.

f***ing hell.