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FPP to take full control

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

  1. cumbrianmackem

    cumbrianmackem Well-Known Member

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    Done but will it make a difference?
     
    #6321
  2. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    Mate, what you're saying is plausible. I'm just saying that I (and others) literally know it isn't the case. It was a full takeover. You might choose not to believe that, but I've been pretty open about my source. I'm not guessing or speculating. It was a full take over that fell through, then it became the loan that FPP offered.
     
    #6322
    Chip, farnboromackem, Huds0n and 10 others like this.
  3. Iansun

    Iansun Well-Known Member

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    Nobody knows , but it can't hurt
     
    #6323
    cumbrianmackem, DH4 and Smug in Boots like this.
  4. Robertson

    Robertson Well-Known Member

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    Right. It was a bit awkward in parts.
     
    #6324
  5. Ozzymac

    Ozzymac Well-Known Member

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  6. Whiteleas Wanderer

    Whiteleas Wanderer Well-Known Member

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  7. sheepman

    sheepman Well-Known Member

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    #6327
  8. Blond Bombshell

    Blond Bombshell Well-Known Member

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    Done
     
    #6328
  9. Random lad

    Random lad Well-Known Member

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  10. Granger

    Granger New Member

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  11. Dave_39

    Dave_39 Well-Known Member

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  12. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    He needs to **** right off
     
    #6332
  13. Dave_39

    Dave_39 Well-Known Member

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    exactly all Donald cares about is himself and not club as this would prove beyond doubt as Campbell could not afford to run us like Donald can't Campbell could not afford Falkirk FFS
     
    #6333
  14. Nads

    Nads Well-Known Member

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    This Campbell **** has no money and is trying to blag status.

    Couldn’t find Falkirk and reckons he can raise this titanic.

    Get to **** you prick.
     
    #6334
  15. Essayyeffcee

    Essayyeffcee Well-Known Member

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    @WiseMenSayPod
    We understand Mark Campbell is claiming to be close to completing a deal to takeover #SAFC. Campbell wants to complete the takeover by the end of July.

    @WiseMenSayPod
    However, things look very similar to the sitation last year. We're told Campbell needs to provide proof of funds in order to move the deal forwards. As we understand it, he is yet to do this, and didn't do so last year either. #SAFC

    @WiseMenSayPod
    We understand that if Campbell can show proof of funds this time around, then a deal can be wrapped up pretty quickly.

    Campbell is attempting to work with US investors in order to complete the deal, but has previously claimed all funding is coming from him alone. #SAFC

    @WiseMenSayPod
    The deal which Campbell believes he has in place could be worth up to £30m. A further £5m is apparently due to Ellis Short if we return to the PL (lol).

    This was a clause agreed upon by Madrox, and they want this obligation shifted to any new owner that comes in.
    #SAFC - is this what caused the FPP deal to fall through?

    @WiseMenSayPod
    MC's group appears to include John Park and Ryland Morgans on the football side of things.

    On the financial side he hopes to attract US investors and will name Stephen Barbalaco as CEO. #SAFC

    @WiseMenSayPod
    From discussions we've had it appears MC does not have funds of his own and is reliant on others stumping up both proof and the monies in total.

    Appears eerily similar to his previous bid, and his attempt to buy Falkirk. #SAFC

    @WiseMenSayPod
    As it stands it seems unlikely Campbell can conclude the deal. He does not appear to be a reputable buyer, so why are #SAFC entertaining him?

    And why did we allow him to he involved in our 19/20 season preparations before he provided proof of funds?

    @WiseMenSayPod
    We think the majority of #SAFC fans would agree that the time for the club to change hands is now, however it must fall in to the hands of the right buyer for a fair price. Donald must do the right thing for the club and its supporters.
     
    #6335
    Robertson, ISOE II, alan reed and 2 others like this.
  16. Robertson

    Robertson Well-Known Member

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    **** me. If an extra 5 or 10 million would get FPP in, we should raise it ourselves.
     
    #6336
  17. Essayyeffcee

    Essayyeffcee Well-Known Member

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    So @Smug in Boots is that like for post or for the bit in bold? Not that I'm getting paranoid for any kind of news regarding FPP........ :emoticon-0105-wink:
     
    #6337
  18. Magnus

    Magnus Well-Known Member

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    You would expect he would need 40m upfront, that’s to buy the club and to pay off FPP, unless that’s who he’s hoping his American investors are going to be
     
    #6338
  19. Magnus

    Magnus Well-Known Member

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    Ryland Morgan’s has started following us on twitter
     
    #6339
  20. sheepman

    sheepman Well-Known Member

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    This blokes a nutter but he has some bollox.
    Having heard a few things from Falkirk, his mode of operation seems to be to turn up promising the earth
    and turning the heads of gullible money grabbing owners (wonder who that could be) with grand plans.
    Agreeing a deal then saying
    Ok I'm off to find the money now.
    His big Achilles heal seems to be that no bugger wants to invest with him. (so far ???????)
    New York Property Tycoon or Bankrupt pub landlord take your pick
    Sunderland being Sunderland I've a bad feeling about this.
     
    #6340

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