Significant investment by FPP has been made

[Mary Hinge]

so we've basically tried to pass off what's probably a loan as an investment?

Whee gives a Fook.....wa solvent, if we're not in a position to service it in 12-24 months wa Fooked anyway....

It's a free hit, get behind the Don and Parkodedden......

 

[Cack Stottie]

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The Echo statement was pretty clear, to me at least.

The investment is not in Sunderland AFC but Madrox Ltd. So whether it's a loan or not from FPP to Madrox really isn't our concern...

If we are going to assume anything it would be that it has been given with a view to FPP acquiring shares down the line when SAFC get promoted. Logically, anyways.

 

[ab 65]

Investment is good news. It just needs to be managed correctly with the right people making the calls at the AOL and recrutiment areas. Not sure I am so optimistic with Reid, Cotton and Donald himself making all the big boss calls.

Agreed re the investment.
I’m also worried about the scope of the remit for the three you mention, particularly Coton who seems to limit himself to the North West if possible.
I’d hope that as part of the investment package FPP have given the recruitment team some parameters and challenging KPI’s that means that Coton and co either deliver or are performance managed out of the club.

 

[Smartin]

Was hoping to see the back of Stewart Donald...

 

[Iain]

8 figure investment. For you Phil, that means 10m upwards

Great so that's 2 1/2 Will Griggs fuck me we'll be promoted by christmad

 

[jazz]

This place man ,expert managers, experts at running football clubs f***ing clueless thickheeds that's what .

 

[Scotty 1978]

Surely 4 billionaires aren’t going to loan a league one club millions of pounds, it’s got to be down payment for full ownership in the future

 

[Flea Market Trader]

I can see us on an episode of dragons den soon like.

 

[Deleted member 7101]

Great so that's 2 1/2 Will Griggs fuck me we'll be promoted by christmad

Aren’t you happy with it mate?

 

[Dan..Dan..Dan..Dan]

It seems like a 'see if this helps you get into the Championship, if you do we'll see about investing big(ger) time then' kind of move.

 

[max wartbug]

Wonder who their man will be? Have I missed mention of someone coming in to keep an eye on the investment and progress being made?

 

[SuperKevsLeftBoot]

Obviously a guess but a way of purchasing something for 12m instead of 50?

Fkn odd ...
I bet nowt comes out to tell us

 

[Deleted member 7735]

What is this then? No shares. Is it a loan that needs to be repaid?

What are they getting here? Before we get excited, let's wait and see eh

What’s it got to do with you if people are excited that 4 billionaires have invested in our club?
Youve just joined up to the board to b negative about this fact? Really odd behaviour.

 

[Guinness Guzzler]

Surely 4 billionaires aren’t going to loan a league one club millions of pounds, it’s got to be down payment for full ownership in the future

Of course it is. If we wanted a loan we'd have gone to a bank. If they wanted to operate as a bank they'd have set up FPP Bank Ltd and probably loaned to less risky customers than a slightly ailing third division football club. Sounds like they don't want the risk of being shareholders at this stage (if we don't do well the value drops). Instead they loan money so they can at least get 100% of it back if things go badly. If the money is well spent and we go up then they can convert it into shares and away we go, safe in the knowledge they've already invested in infrastructure to hopefully make succeeding and getting better returns in the future that bit easier. If they're concerned about risk it seems a sensible way of doing it

 

[stevo]

Thank god for capitalists,all together now hip hip hooray .Well done stewy and chas for keeping investment alive.Discussions and speculations abound ,and agendas getting rammed down our throats.Time for nurse Ratched to do her rounds.MILLIONS AND MILLIONS LOBBED IN HTL

 

[cluffy]

A classic glass half full/half empty scenario here

 

[Banks]

Of course it is. If we wanted a loan we'd have gone to a bank. If they wanted to operate as a bank they'd have set up FPP Bank Ltd and probably loaned to less risky customers than a slightly ailing third division football club. Sounds like they don't want the risk of being shareholders at this stage (if we don't do well the value drops). Instead they loan money so they can at least get 100% of it back if things go badly. If the money is well spent and we go up then they can convert it into shares and away we go, safe in the knowledge they've already invested in infrastructure to hopefully make succeeding and getting better returns in the future that bit easier. If they're concerned about risk it seems a sensible way of doing it

If things go badly though they don't get it back. My view is they get the club at a lower price.

 

[Deleted member 6694]

This is either the funniest reply, or the thickest. I can't make my mind up

It's the funniest thickest reply

 

[Guinness Guzzler]

If things go badly though they don't get it back. My view is they get the club at a lower price.

Well, they get it back either in terms of eventually getting the £10m or whatever it is back, or they get it back by having security over the club and thus effectively getting the whole thing for the cost of their initial investment, so they haven't got much risk in this deal

 

[RTG]

Photo by Mark Fletcher/MI News/NurPhoto via Getty Images Put all rumours and speculation aside and instead focus on what we know - what does the Sunderland Echo’s statement regarding investment by the FPP Sunderland Ltd group actually tell us, and what does that mean for the club going forward? The article posted today by the Sunderland Echo...

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