The 2nd Part of the Murray Interview >>

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The Exile

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Pepe said:
we have no cash, which he has said on numerous occasions, however yet again the response from the protest boys is 'murray out'. If he steps down we will still have no money, and the likely outcome could be the banks calling their debt in. The banks our obviously happy with him being in charge as they want their money back and to be fair he seems hell bent on giving them it back. If he goes and one of the so called take over merchants does not come in (highly probable) then we go bust. End of story. Still, Murray will be out, just so will Sunderland.
Another Murray In Myth. The club will not disappear if he goes. Name me one club in the top two divisions that has.
 

---Nemo---

Striker
Pepe said:
we have no cash, which he has said on numerous occasions, however yet again the response from the protest boys is 'murray out'. If he steps down we will still have no money, and the likely outcome could be the banks calling their debt in. The banks our obviously happy with him being in charge as they want their money back and to be fair he seems hell bent on giving them it back. If he goes and one of the so called take over merchants does not come in (highly probable) then we go bust. End of story. Still, Murray will be out, just so will Sunderland.
Lord help us it's little wonder he's still here, despite decades of trying and failing to establish us as a Premier League side.
 
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ceefax cat 2

Guest
Richy Rich said:
I laughed at that one anarl - although to be fair with inflation alone the 1.5 mil would probably be about 15 million now.

are we now living in brazil
 

RTRsBM

Striker
ceefax cat 2 said:
i have stated this on many occaisions. unfortunately people on here refuse to accept this.
To both Joe and ceefax - even Murray admitted an investor tried to buy him out. His reason ofr turning him down was he was asian and the people of sunderland would not like that - the racism apart confirms the fact murray is a liar. and you 2 idiots have fallen for his lies
 
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ceefax cat 2

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RTRsBM said:
To both Joe and ceefax - even Murray admitted an investor tried to buy him out. His reason ofr turning him down was he was asian and the people of sunderland would not like that - the racism apart confirms the fact murray is a liar. and you 2 idiots have fallen for his lies
links
 

RTRsBM

Striker
Pepe said:
we have no cash, which he has said on numerous occasions, however yet again the response from the protest boys is 'murray out'. If he steps down we will still have no money, and the likely outcome could be the banks calling their debt in. The banks our obviously happy with him being in charge as they want their money back and to be fair he seems hell bent on giving them it back. If he goes and one of the so called take over merchants does not come in (highly probable) then we go bust. End of story. Still, Murray will be out, just so will Sunderland.
What crap. If they call our debts in we go bankrupt and they get jack. Our assets are virtually worthless except to a football club and short of wimbledon no one is going to relocate. the stadium is not prime land and a barn in the middle of a green belt area is worth nothing. The players who would command a fee (very few) would go for virtually nothing in a fire sale. Do you think Sunderland AFC did not exist before Murray and will cease to when he dies you prick?
 

RTRsBM

Striker
ceefax cat 2 said:
it was a long time ago and was well publicised - showing that Murray has kept up his mantra for well over 10 years that he will only sell to someone who he thinks is suitable - ie no one
 
RTRsBM said:
What crap. If they call our debts in we go bankrupt and they get jack. Our assets are virtually worthless except to a football club and short of wimbledon no one is going to relocate. the stadium is not prime land and a barn in the middle of a green belt area is worth nothing. The players who would command a fee (very few) would go for virtually nothing in a fire sale. Do you think Sunderland AFC did not exist before Murray and will cease to when he dies you prick?
Debts = 40 million ish
SOL/AOL = 70 million ish (market value)

chances of going bankrupt = 0
 
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ceefax cat 2

Guest
RTRsBM said:
What crap. If they call our debts in we go bankrupt and they get jack. Our assets are virtually worthless except to a football club and short of wimbledon no one is going to relocate. the stadium is not prime land and a barn in the middle of a green belt area is worth nothing. The players who would command a fee (very few) would go for virtually nothing in a fire sale. Do you think Sunderland AFC did not exist before Murray and will cease to when he dies you prick?
of course sunderland will survive post murray - but will it prosper. the banks who in reality control sunderland give us more slack with murray in charge than say a firm of accountants. you just have to look at some of the things at ipswich last season and in the summer. the club has been raped under the terms of the administration agreement. most people accept murray will move on if someone with a sack of gold to invest comes along. But anyone who believe things can only get better if murray fucks of are fools
 
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ceefax cat 2

Guest
RTRsBM said:
it was a long time ago and was well publicised - showing that Murray has kept up his mantra for well over 10 years that he will only sell to someone who he thinks is suitable - ie no one
so in other words no evidence of any recent (last five years say) interest
 
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ceefax cat 2

Guest
Hetzkes Ballet Teacher said:
Debts = 40 million ish
SOL/AOL = 70 million ish (market value)

chances of going bankrupt = 0
not true hbt. businesses go bankrupt because they run out of cash - having assets which are illiquid tend not to pay the wages
 
ceefax cat 2 said:
not true hbt. businesses go bankrupt because they run out of cash - having assets which are illiquid tend not to pay the wages
But its not about paying the wages (currently the wage bill matches our revenues, so we are told).

The issue was about banks calling in loans, thereby bankrupting us. No chance of that at all as long as we have the collateral that we have.

Of course anything's possible, its all about opinions, jumpers for goalposts, etc.
 
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ceefax cat 2

Guest
Hetzkes Ballet Teacher said:
But its not about paying the wages (currently the wage bill matches our revenues, so we are told).

The issue was about banks calling in loans, thereby bankrupting us. No chance of that at all as long as we have the collateral that we have.

Of course anything's possible, its all about opinions, jumpers for goalposts, etc.

i think we are violently agreeing. the bank will support us as long as we operate within agreed limits. the requests on here to show ambition - spend more than we have - we see the banks withdrawing support.

hence the nonesense on here that murray going could only make things better. the bank could push for more of their money back (less spent on team) very easily.
 

RTRsBM

Striker
ceefax cat 2 said:
so in other words no evidence of any recent (last five years say) interest
so now there is a time limit? and yes i know of a serious enquiry that was knocked back by murray
 
ceefax cat 2 said:
i think we are violently agreeing. the bank will support us as long as we operate within agreed limits. the requests on here to show ambition - spend more than we have - we see the banks withdrawing support.

hence the nonesense on here that murray going could only make things better. the bank could push for more of their money back (less spent on team) very easily.
Very true. Its amazing what the cooperation of banks can depend on anarl. I know one company that folded because a manager rated by the bank left while a financing agreement was just being dotted - the bank decided not to follow through cos of the departure.
 

The Exile

Striker
At the moment aren't we running just to stay still financially though? The banks, if they are in charge, are effectively denying us the money to keep the team in the only division that will allow them to pay off the debt. Will we be back to just paying the interest when relegated in the expectation of another wedge when promoted again? Which is a bigger risk, allow us another five million now, potentially stay up and pay another, probably bigger chunk off, or watch us go down and potentially never come back up? We may just be putting off the inevitable.
 

RTRsBM

Striker
Hetzkes Ballet Teacher said:
Debts = 40 million ish
SOL/AOL = 70 million ish (market value)

chances of going bankrupt = 0
so who exactly are these assets worth £70m to? you have fallen for murrays shite. The sol would be worth its scrap value and not much for the land and the aol worth very little to a farmer
 
RTRsBM said:
so who exactly are these assets worth £70m to? you have fallen for murrays shite. The sol would be worth its scrap value and not much for the land and the aol worth very little to a farmer
It doesnt matter - that would be accounted for in the valuation. For example if the same facilities had been in central London, they'd have been valued at many times the 70m.
 
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ceefax cat 2

Guest
RTRsBM said:
so now there is a time limit? and yes i know of a serious enquiry that was knocked back by murray
links or evidence please?
 

RTRsBM

Striker
Hetzkes Ballet Teacher said:
It doesnt matter - that would be accounted for in the valuation. For example if the same facilities had been in central London, they'd have been valued at many times the 70m.
dont be so stupid
 
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