Don't think there are any! I do have a sneaky feeling that the accounts will show they've done a good job in terms of reducing the cost base (and they'll deserve some credit for it) but it has come at the expense of any progress elsewhere. We're now a proper, bog standard league one side with next to no players worth anything, an academy stripped of any decent talent, questionable personnel in key positions. Still see clips of games like the Everton one under Allardyce and can't believe how quickly and how far we've fallen
Thing is though, most of us could have done something quite similar if we had a business background like those two. Stop plastic plants on a monthly basis, a cyro tank that Bain used etc. etc. I'm still waiting for the 'Dortmund Model'
Breaking that there’s a leaked document showing that Donald has written in a clause that he can charge up to 9% interest on ‘any funds loaned to Maddox’ Hitting national press now. This is another level.
The fans need to force these thieves out, there’s no other way. His position is untenable, he may own the club but he won’t be welcome anywhere near the club or city now
Even if no interest has been taken, there’s been clear thought and intention there. If there’s anyone left with any backing for these pirates now, I suggest they seek medical attention. This is way, way beyond one step too far. There’s no possible way that having the ability to charge the club interest can be anything other than negative for the club financially. It’s completely implausible that this could do anything to put money into the club.
People are defending him saying he ‘can’ not that he ‘has’. For me, the intention is there to do it by putting the clause in place. **** knows what else Is lurking in our books.
Intention is ****ing everything mate, in any walk of life. There’s no defence, let’s be honest ya hardly a stand alone revelation is it? I can’t call them cowboys as cowboys were good at what they did.
Mind I've been saying I think they'll sell Madrox. Cancelling the debt from Madrox to SAFC might make SAFC a less attractive purchase, but it benefits anyone who buys Madrox. And when would Donald get this interest? SAFC wouldn't owe it, it's a loan to Madrox, and Madrox have no income. But if someone bought Madrox then they'd benefit from the debt being cancelled but the current shareholders of Madrox would get a good interest on anything they'd put in. It only makes sense if he's preparing to sell Madrox
Sad to see GOM being attacked on RTG for posting facts and explaining the realities. As me Mam used to say ... ... when pitchforks come in through the door common sense goes out the window. She was crackers to be fair mind.
I’m even more annoyed at my ban now that what I’ve been banned for is proven to be true! Notice pwsafc is sticking up for him. Just waiting for tweedledee Fyl2u to joing tweedledum