Significant investment by FPP has been made

[kildaremackem]

What terrible circumstances? Having to find a £3 million striker?

having to fire all the previous scouts,s ome for corruption, and do it himself, to build an entirely new team

 

[Squat]

filed on companies house gerrin

edit: although this is 7 figures
Statement of capital on 31 October 2019

• GBP 1,000,000

 

[Sandman]

Not everyone is an expert in company law. Still look forward to clarification. Cautiously optimistic though.

 

[lozza]

can we afford maddison yet?

 

[Deleted member 7101]

Praise the lord where are all the doubters now eh

Gone missing marra.... to see if they can pull the deal apart in some way.

 

[kildaremackem]

can we afford maddison yet?

we could afford him lat time..but liek every club in league thought it was a terible deal..

 

[threepenny bits]

great news, we are clearly desperate for the investment, hopefully we dont do the Sunderland thing and fuck it up again!

 

[ChrisAshley]

having to fire all the previous scouts,s ome for corruption, and do it himself, to build an entirely new team

What?

 

[peil]

So what's the crack with ALS t shirts then?

 

[BigCatts]

James Hunter Quote -

Seems FPP group have completed deal for eight-figure investment in

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. No official confirmation from club or Companies House as yet, but Methven has been talking about it as a done deal. Will leave ownership structure unchanged - Donald 74%, Sartori 20%, Methven 6%

If FPP is putting in cash without taking a stake in return, does that make it effectively a loan (or, less likely, a gift)?


Very interesting

 

[Deleted member 26022]

I am going to wait before i comment, more on this because i am not exactly sure what this means.

 

[Sid James Park]

Once we get out of this league I think this initial investment will turn into a takeover.

 

[Father Jack Hackett]

Trick or treating

 

[kildaremackem]

What?

tehy were dleiberaley picking games the furthest away from safc they could..to get more money..so not lookng at the bets players,,just chjjosing the furtheest away distance..
they got fired.

 

[ChrisAshley]

tehy were dleiberaley picking games the furthest away from safc they could..to get more money..so not lookng at the bets players,,just chjjosing the furtheest away distance..
they got fired.

Ah yeah, think I remember Stewart Donald saying that.

 

[kildaremackem]

as the investment isnt actually taking a stake in the club, what actually is this investment classed as?

A loan, gift ?

a loan to the company that owns safc. legally SD and CM dont own sunderland their company does,
just as when ellis came in..he bought the company that owned safc then (drumaville) not safc..

 

[Jambezz]

I am going to wait before i comment, more on this because i am not exactly sure what this means.

Thanks mate. We'll all be waiting with baited breath.

 

[Teed]

How will SAFC access this fortune then, will they have to loan it from Donald?

 

[Father Jack Hackett]

Two cans, I think

 

[Deleted member 7101]

Once we get out of this league I think this initial investment will turn into a takeover.

I think so. It seems as though this may be an initial investment,which,if the plan...whatever it is...is met,will lead to the next stage.