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Significant investment by FPP has been made

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kildaremackem said:
the plan 18 month ago was to get the club financially stable while also spending more than all our rivals put together..they did that
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I thought the plan was to rebuild a football club from top to bottom with long term aims? To make the recruitment smarter, the academy more productive and end the ‘piss taking party’?

To me, we have a squad packed full of never have been, never will be and are unlikely to ever be players that are the wrong side of 25. There have been substantial sums (for this level) paid on a couple of them as you mentioned.

I think it’s a reasonable question to ask why have the academy and scouting networks been existing on a skeleton staff when Donald has been telling us we’re the best financially organised club in the football league (also that we had data analysts and a scouting system when asked in a podcast), that we have considerably the biggest budget that teams in the division above wouldn’t be able to compete with and are now having to rely on outside investment (18 months down the line) to basically get us on an even keel in terms of club infrastructure again?

The tune changes quite a lot. It’s admirable that they realise it needs development but don’t try and pull the wool here.
 
kingkeane said:
They are not telling us much. Is it a loan? They haven't bought a share so how do they get their money back? How is it an investment for them?
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they need to clera this up..but it looks like a loan to madrox (ie not to sunderland so sunderland not laible for the debt) that can be conbveretd to shares later..
companies hosue filings will reveal all..when they are ade..which will be soon..
 
chriswallace85 said:
Stewart Donald said we didn't need anybody's investment to get out of League 1.
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Indeed he did. We probably still don't. Investment was always originally intended to happen after promotion to the Championship, but the plan had been to get promoted in that first season. We missed out on that promotion but they've still secured investment and are saying they're planning on spending it on the academy and on rebuilding a significant scouting network, not necessarily to spend directly on players to get us out of League 1. Those are aspects of the club that will being long-term improvements regardless of which division we're in.

So how was what he said bullshit?
 
viccarlton said:
Which places them where in the league table of competency?
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on the football side? very low down..

on the business side..very high up..

american private equity frms buy businesses..thats why they want thes eguys to stay on..they are good at running safc as a business..thats what investos care about..
 
£10 million capital been put into Sunderland Limited from today on companies house

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The Sheepfolds End said:
I thought the plan was to rebuild a football club from top to bottom with long term aims? To make the recruitment smarter, the academy more productive and end the ‘piss taking party’?

To me, we have a squad packed full of never have been, never will be and are unlikely to ever be players that are the wrong side of 25. There have been substantial sums (for this level) paid on a couple of them as you mentioned.

I think it’s a reasonable question to ask why have the academy and scouting networks been existing on a skeleton staff when Donald has been telling us we’re the best financially organised club in the football league (also that we had data analysts and a scouting system when asked in a podcast), that we have considerably the biggest budget that teams in the division above wouldn’t be able to compete with and are now having to rely on outside investment (18 months down the line) to basically get us on an even keel in terms of club infrastructure again?

The tune changes quite a lot. It’s admirable that they realise it needs development but don’t try and pull the wool here.
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but they have a squad of never have beens..they have a squad of people who have literally done it! at this level!
the proble is people who have done it are likely already in their prime or past it..which is what tje problem is..
 
fyl2u said:
It's exactly what they detailed when they first arrived man! They said "the pisstake party stops here" and detailed the ways the club were wasting money including scouts taking the piss with their expenditures. They always said they'd be looking to bring in more investors in the future and that more money would be spent on the club later.

I've seen no evidence at all that either of CM or SD are "bullshitters" as you put it. All I see is a couple of guys rebuilding our club in the manner they always said they would.

Promotion may well have take a season (or possibly two) more than they and we had hoped, but the rest of the plan appears to me to be still in place. Bring it on! Stage 2!
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The output on the pitch would suggest they're not doing a great job with this plan of theirs mind.
 
kildaremackem said:
they need to clera this up..but it looks like a loan to madrox (ie not to sunderland so sunderland not laible for the debt) that can be conbveretd to shares later..
companies hosue filings will reveal all..when they are ade..which will be soon..
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"Not liable for debt" not entirely sure, the Parachute Payments scenario is evidence that we probably are.
 
fyl2u said:
I've see a lot of folks on here go off the deep end about things that could be taken a number of ways, such as use of the word "budget" in the early interviews when a lot of people assumed he meant "transfer fee budget". It's not the only example of a lot of people getting the wrong end of the stick and then getting angry that this "promise" they'd invented in their own heads wasn't fulfilled. The "100 points" controversy was another main offender, where loads of people missed the parts of the same paragraph where he said he was "aiming" for that total, not promising it. RAGE THAT WE'RE NOT LOOKING LIKE WE'RE GOING TO GET 100 POINTS!!!! RAGE THAT HE PROMISED IT, BECAUSE IF HE HADN'T PROMISED IT THEN WE WOULDN'T BE RAGING LIKE THIS ANYWAY, HONEST WE WOULDN'T!!!!
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It was absolutely clear what Donald meant when he was talking about budget in the podcast when it was discussed. And it was absolutely to do with transfers and recruitment. Go back and listen to the podcast again, listen to the context and then maybe reassess.

And whilst the 100 point thing is being used as a stick to beat Donald with, he did indeed open himself up to that. Why would he do that to the manager? Why would he say it? Especially when we were clearly having to cut the wage bill and reduce the quality and depth of the squad to make us financially viable? It was a moment of absolute madness that made life incredibly difficult for the manager and raised expectation. It was as daft as Moyes and the ‘relegation battle’ comment.
 
The Sheepfolds End said:
It was absolutely clear what Donald meant when he was talking about budget in the podcast when it was discussed. And it was absolutely to do with transfers and recruitment. Go back and listen to the podcast again, listen to the context and then maybe reassess.

And whilst the 100 point thing is being used as a stick to beat Donald with, he did indeed open himself up to that. Why would he do that to the manager? Why would he say it? Especially when we were clearly having to cut the wage bill and reduce the quality and depth of the squad to make us financially viable? It was a moment of absolute madness that made life incredibly difficult for the manager and raised expectation. It was as daft as Moyes and the ‘relegation battle’ comment.
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your completely right sout the 100 point thing..
 
kildaremackem said:
on the football side? very low down..

on the business side..very high up..

american private equity frms buy businesses..thats why they want thes eguys to stay on..they are good at running safc as a business..thats what investos care about..
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The business world is beyond me, I look at our team and our position in the league (the lowest in our history) their worth as far as I’m concerned is in where our team is, at the moment we’re abysmal and this needs to be addressed with utmost importance, I couldn’t give a f#ck who owns the club and how much money they will make in the future (their main aim) all I want is a decent football team.
 
kildaremackem said:
the owners have nott been clear//deliberately..is saying they have lied man! thats what !"dleiberately" means...they deliberately consciously chose not to tell us stuff or to obsfuscate!

cretin.

ellis short was a billioanire who saw us as good investment opportunity..
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howld on! Aren't you slagging people off who slag off the owners on a message board elsewhere?
Double standards that mind.
 
kildaremackem said:
we dont..this isnt for the first team now..did you not read the thing?
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Gerraway.

I was referring back to @fyl2u's comment that Donald had said from the start we'd strip back and look for investment. That's bollocks. Investment was mentioned a lot times but he at pains to say it wouldn't be needed now, and might not even be needed in the future. Yet here are, still in League 1, courting investment for months on end whilst the footballing operation of the club has undoubtedly suffered.

So the money goes into infrastructure - into scouting networks, into this and that - and what of the first team squad? Are we just closing our eyes and crossing our fingers hoping that Parky pull off a miracle? Or are we settling in for another 18 months of League 1? Are we already "planning" for 2019/2020 or is our newfound wealth going to restructure our recruitment team in such a way that we unearth some cheap talent (cos the investment isn't for the team remember) in the January transfer window to all us to push for promotion this season? It's 1st November. I'm not exactly optimistic.
 
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