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FPP to take full control

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

  1. Evil Jimmy Krankie

    Evil Jimmy Krankie Well-Known Member

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    And my favourite band growing up was AC/DC with a lead guitarist dressed as a schoolboy.....probably says something about me!
     
    #6081
  2. ROKER PARK

    ROKER PARK Well-Known Member

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    Bet you liked Jimmy Clitheroe too!
     
    #6082
  3. Evil Jimmy Krankie

    Evil Jimmy Krankie Well-Known Member

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    Never heard of him to be honest. Who did he play for?
     
    #6083
    Monkey boy likes this.
  4. ROKER PARK

    ROKER PARK Well-Known Member

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    As an alternative -
     
    #6084
    Nathan Brazil and Smug in Boots like this.
  5. rooch 3

    rooch 3 Well-Known Member

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    I never slept for a whole week when my Aussie mate called me a Pom it’s just so disgusting.
     
    #6085
    Sunderlad likes this.
  6. SAFC2403

    SAFC2403 Well-Known Member

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    #6086
    Dorset and Gil T Azell like this.
  7. BigPete

    BigPete Well-Known Member

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    Donald please fall down the stairs you ****
     
    #6087
    Draig likes this.
  8. Evil Jimmy Krankie

    Evil Jimmy Krankie Well-Known Member

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    Well I think we can finally put the Dell rumours to bed now. And I’d like to place on record my thanks to Donald, Methven, Sartori and their management team at Sunderland for the exemplary way they have led our great club and taken it to the level it now finds itself at. Take a bow gentlemen, you should feel proud of yourselves.

    https://www.sunderlandecho.com/spor...their-sunderland-takeover-talks-began-2902625
     
    #6088
    Draig, Wor Giacchi and DH4 like this.
  9. SAFCDRUM

    SAFCDRUM Well-Known Member

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    This is pleasant news first thing on a ****ty rainy day.
     
    #6089
  10. BigPete

    BigPete Well-Known Member

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    Shame that encrochat went down could have found a hitman <laugh>
     
    #6090

  11. rooch 3

    rooch 3 Well-Known Member

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    Is that the end of this post now then.<laugh>
     
    #6091
  12. ROKER REVIEW

    ROKER REVIEW Active Member

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    Disappointing. Very grim being a Sunderland supporter right now. When will it end.
     
    #6092
  13. Montysoptician

    Montysoptician Well-Known Member

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    I am sure that Smug got his information from connections to Glenn Furhman (apologies if I am wrong @Smug in Boots) and Furhman left MSD in February to set up his own investment company.
    I may be a glutton for punishment but I still cling to the hope that Furhman is the driving force behind the takeover/investment at SAFC and nothing much has changed with this news.
    https://www.sunderlandecho.com/spor...l-takeover-talk-rumbles-stadium-light-1421992
     
    #6093
    Last edited: Jul 3, 2020
  14. Flatheed

    Flatheed Well-Known Member

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    Correct Dell and FPP are not the same group. One of FPP is named as a director of MSD but that is not the same group as FPP.
     
    #6094
  15. Bank of England 2

    Bank of England 2 Well-Known Member

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    Yes, that's right mate. It was Furhman who Smug mentioned. This article says that only Platek is involved in MSD UK Holdings. This probably confirms why the UK Company that was initially interested in us was wound up. Fuhrman is rich enough to be able to handle us on his own, or with other high profile associates. I, like you, are not discounting him just yet.
     
    #6095
  16. Kittenmittons

    Kittenmittons Well-Known Member

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    Furhman has split with Piatek and Phelan, but it is a terrible sign if 2/3 of them have moved on to something that would make it nigh on impossible to take us over. I think this probably is the nail in the coffin, albeit there will always be a slim hope until the loan agreement ends that Furhman disagrees with their assessment.
     
    #6096
    Montysoptician and Random lad like this.
  17. TeamOfTalents

    TeamOfTalents Well-Known Member

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    It's Sunderland.... Whatever the worst possible outcome is will happen. We're doomed!
     
    #6097
    rooch 3 likes this.
  18. Kittenmittons

    Kittenmittons Well-Known Member

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    I've had a look through the charge sheet quickly - they are pretty similar to us in the headline terms. They've loaned them money with an option to convert the debt into equity, or take over on default.

    So basically, they're either loaning money on commercial terms to clubs now as GOM suggests (which a lot of people have spent the last year telling us that FPP don't do) or they were interested in us but have at best made a bigger play for Southampton on the same flexible terms that allow them a full range of ownership options with no liability if the club or football falls into decline.

    Like I've said before, there is plenty of evidence that this is their preferred way to do business - this is a good illustration of why we should be careful about blaming Donald for FPP not being in charge, because there's another indication that this is how they wanted to do it.
     
    #6098
  19. Smug in Boots

    Smug in Boots Well-Known Member

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    That's right mate, a close friend, Ben Brown, who's a millionaire art dealer. He asked me to look after his estate but Mrs Smug didn't like his wife.

    The WhatsApp message from Fuhrman said he'd bought Sunderland.

    I've no idea what that means under the present circumstances tbh ...

    ... I've had my fingers crossed so long Mrs Smug has to butter my toast.
     
    #6099
  20. Gil T Azell

    Gil T Azell Well-Known Member

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    That line in bold is enough to give me a semi on just hoping & praying.
     
    #6100
    Smug in Boots likes this.

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