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FPP to take full control

Discussion in 'Sunderland' started by Whiteleas Wanderer, Jan 19, 2020.

  1. Iansun

    Iansun Well-Known Member

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    That's what I've felt for a while
     
    #4301
  2. West stander

    West stander Well-Known Member

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  3. Confucius

    Confucius Well-Known Member

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    Apologies lads but where did this bit about Madrox and another club come from
     
    #4303
  4. West stander

    West stander Well-Known Member

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    From the statement to the echo.

    Madrox responded: “Madrox was indeed created as the vehicle in which to acquire Sunderland AFC. However, it is looking at other investments in the sport and leisure sector to complement this. That was a contributing factor in seeking a wider investment base and this along with the fact that some investors wish the detail of their financial involvement, like many people investing in businesses, to remain private, means that Madrox affairs must remain confidential.”

    By having the debt changed over it opens up the possibility that FPP via Madrox could invest in someone else. A cnuts trick if they do it mind.
     
    #4304
  5. Confucius

    Confucius Well-Known Member

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    Cheers mate.
     
    #4305
  6. Smug in Boots

    Smug in Boots Well-Known Member

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    #4306
    Ban the Ketchup and Burrywurr like this.
  7. Mr_B

    Mr_B Well-Known Member

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    Surely if they wanted to invest in someone else, they would simply invest on their own, rather than making things unnecessarily complicated by doing so via Madrox.
     
    #4307
  8. Burrywurr

    Burrywurr New Member

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    You’d have thought so, unless they really have invested in Donald as he suggested. But even if they have, this latest PR fiasco isn’t showing him in a good light. With more to follow as well in the Athletic if that comes off. I doubt they appreciate that level of scrutiny.
     
    #4308
  9. Iansun

    Iansun Well-Known Member

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    I detest these owners
     
    #4309
    Huds0n likes this.
  10. alan reed

    alan reed Well-Known Member

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    steady on lads, getting a bit serious here now.
     
    #4310
    Smug in Boots likes this.

  11. Gillythedilf

    Gillythedilf Well-Known Member

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    That says to me they hope to sometime in the future invest in other types of facilities etc linked to the club in and around the SOL etc.
    If FPP and co do take a leading role then I’d assume this would become the case.

    that’s the way I see it and a counter argument to debate over.
     
    #4311
    The Berk, Mr Gilbert, Mr_B and 7 others like this.
  12. Huds0n

    Huds0n Well-Known Member

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    Exactly how I read it as well
     
    #4312
  13. Ban the Ketchup

    Ban the Ketchup Active Member

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    Statement from club is like something Vicky Pollard would come out with
     
    #4313
  14. Brainman

    Brainman Well-Known Member

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    Saying that Madrox is a vehicle to acquire SAFC and is looking at other investments to complement this doesn't sound like they want to replace SAFC.
    I would be more hopeful hearing that. And with Smug's news about a small change in the position of FPP I'm a tiny bit more hopeful.
     
    #4314
  15. Montysoptician

    Montysoptician Well-Known Member

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    Just about how I read it, I was encouraged until I read some of the responses over the road and on Twitter <doh>
     
    #4315
  16. West stander

    West stander Well-Known Member

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    I really hope so. It’s been ongoing so long that I think everyone is weary of it. I hope the people at FPP see what’s going on and step in as it’s getting out of hand now. If they don’t, I would question if they ever would get involved because as things stand the relationship between fans and club is as low as I can remember.
     
    #4316
  17. The Norton Cat

    The Norton Cat Well-Known Member

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    Exactly. It could mean anything from golf courses to gyms to sportswear manufacturers. It would be a sensible and responsible thing to do too.
     
    #4317
    Smug in Boots likes this.
  18. Dorset

    Dorset Well-Known Member

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    I'll raise you The Drifters
     
    #4318
    Ban the Ketchup likes this.
  19. Porterfield73

    Porterfield73 Well-Known Member

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    could this connect to the O'Brien involvement perhaps?
     
    #4319
    Smug in Boots likes this.
  20. Gillythedilf

    Gillythedilf Well-Known Member

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    Over the rd is that busy in times like this the decent sensible posts get lost amongst the static and hysteria.
     
    #4320

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