Guest bimpy474 Posted October 9, 2012 Share Posted October 9, 2012 Please say there not going to put Wonga signs on the stadium roof, like the sports direct signs. Shirt deal not stadium deal you wanga Link to post Share on other sites More sharing options...
Stifler Posted October 9, 2012 Share Posted October 9, 2012 The fact that most banks didn't back them as they started up because of their "business practice" speaks volumes. Aren't they direct competition for banks? A banks way of a short term loan is a credit card, you don't get a Wonga loan if a bank is willing to give you a credit card. Banks generally only do long term and higher value loans and mortgages. Link to post Share on other sites More sharing options...
lxsln Posted October 9, 2012 Share Posted October 9, 2012 Is 8M right? Sunderland is getting more than double if this is right. "The Black Cats recently signed a £20 million deal with not-for-profit group Invest in Africa, which will see them bare the organisations logo on the front of their shirts for at least two years" edit: or is it 20/2yrs? Link to post Share on other sites More sharing options...
54 Posted October 9, 2012 Share Posted October 9, 2012 Please say there not going to put Wonga signs on the stadium roof, like the sports direct signs. Shirt deal not stadium deal you wanga They have Puma signs on the stadium, don't they? Link to post Share on other sites More sharing options...
Guest neesy111 Posted October 9, 2012 Share Posted October 9, 2012 Not a chance Sunderland are getting 20M a season, maybe 2M. Link to post Share on other sites More sharing options...
Si Posted October 9, 2012 Share Posted October 9, 2012 The fact that most banks didn't back them as they started up because of their "business practice" speaks volumes. Aren't they direct competition for banks? A banks way of a short term loan is a credit card, you don't get a Wonga loan if a bank is willing to give you a credit card. Banks generally only do long term and higher value loans and mortgages. So why would the bank's support them? Link to post Share on other sites More sharing options...
Guest firetotheworks Posted October 9, 2012 Share Posted October 9, 2012 If Sunderland are getting 20m a year, I imagine it'll be the same kind of laundering that other clubs are using to legitimately fund themselves within the Fifa Financial Fair Play nonsense. Link to post Share on other sites More sharing options...
Guest bimpy474 Posted October 9, 2012 Share Posted October 9, 2012 Please say there not going to put Wonga signs on the stadium roof, like the sports direct signs. Shirt deal not stadium deal you wanga They have Puma signs on the stadium, don't they? Erm......i was attempting to lighten the mood. Seeing as that failed, i would expect to see some advertising in the ground, same as Virgin i wouldn't Wonga. Link to post Share on other sites More sharing options...
Guest neesy111 Posted October 9, 2012 Share Posted October 9, 2012 The fact that most banks didn't back them as they started up because of their "business practice" speaks volumes. Aren't they direct competition for banks? A banks way of a short term loan is a credit card, you don't get a Wonga loan if a bank is willing to give you a credit card. Banks generally only do long term and higher value loans and mortgages. So why would the bank's support them? Because most businesses go to banks for lending. Link to post Share on other sites More sharing options...
Disco Posted October 9, 2012 Share Posted October 9, 2012 With Wonga and SportsDirect as main sponsors I wonder if there is a market for them to give 20/20, Ace Lager cans and FrostyJack exclusive rights to vending alcohol on the concourses. Link to post Share on other sites More sharing options...
Wallace Posted October 9, 2012 Share Posted October 9, 2012 Is 8M right? Sunderland is getting more than double if this is right. "The Black Cats recently signed a £20 million deal with not-for-profit group Invest in Africa, which will see them bare the organisations logo on the front of their shirts for at least two years" edit: or is it 20/2yrs? Think there is some confusion over the Sunderland deal. I am sure I read somewhere that the £20m is a figure they could achieve if a certain amount of investment in Africa occurred as a result of the sponsorship. But as with us in the Virgin deal, the actual figures have never been made clear. Link to post Share on other sites More sharing options...
Stifler Posted October 9, 2012 Share Posted October 9, 2012 The fact that most banks didn't back them as they started up because of their "business practice" speaks volumes. Aren't they direct competition for banks? A banks way of a short term loan is a credit card, you don't get a Wonga loan if a bank is willing to give you a credit card. Banks generally only do long term and higher value loans and mortgages. So why would the bank's support them? No way to accurately assess the likely hood of repayments within such a small time scale and with such little detail, no way to hold up any mis-payment disputes in court to an acceptable level, and then there is the APR %. Link to post Share on other sites More sharing options...
Mole_Toonfan Posted October 9, 2012 Share Posted October 9, 2012 Anyone know the financial implications of the deal? Link to post Share on other sites More sharing options...
Guest pintofscottsellers Posted October 9, 2012 Share Posted October 9, 2012 With Wonga and SportsDirect as main sponsors I wonder if there is a market for them to give 20/20, Ace Lager cans and FrostyJack exclusive rights to vending alcohol on the concourses. To be honest I would rather drink that than Carling. Link to post Share on other sites More sharing options...
TaylorJ_01 Posted October 9, 2012 Share Posted October 9, 2012 With Wonga and SportsDirect as main sponsors I wonder if there is a market for them to give 20/20, Ace Lager cans and FrostyJack exclusive rights to vending alcohol on the concourses. To be honest I would rather drink that than Carling. I would rather drink a bench than drink carling Link to post Share on other sites More sharing options...
Ishmael Posted October 9, 2012 Share Posted October 9, 2012 It's brand association suicide. Link to post Share on other sites More sharing options...
Robbo Posted October 9, 2012 Share Posted October 9, 2012 Lee Ryder @lee_ryder Wonga rename stadium St James' Park #NUFC Link to post Share on other sites More sharing options...
Super Duper Branko Strupar Posted October 9, 2012 Share Posted October 9, 2012 It's brand association suicide. He owns SportsDirect ffs. He doesn't give a flying fuck about Brand Association. Link to post Share on other sites More sharing options...
Elliottman Posted October 9, 2012 Share Posted October 9, 2012 Lee Ryder @lee_ryder Wonga rename stadium St James' Park #NUFC # WTF?!!!!!!!!!!!!!! Link to post Share on other sites More sharing options...
piggelbet Posted October 9, 2012 Share Posted October 9, 2012 Lee Ryder @lee_ryder Wonga rename stadium St James' Park #NUFC :fwap: Link to post Share on other sites More sharing options...
Wilson Posted October 9, 2012 Share Posted October 9, 2012 Link to post Share on other sites More sharing options...
Super Duper Branko Strupar Posted October 9, 2012 Share Posted October 9, 2012 Lee Ryder @lee_ryder Wonga rename stadium St James' Park #NUFC Can't be the case, surely? Virgin couldn't do it so how could Wonga? It's already been clarified they are definitely not stadium sponsors. Link to post Share on other sites More sharing options...
TaylorJ_01 Posted October 9, 2012 Share Posted October 9, 2012 Lee Ryder @lee_ryder Wonga rename stadium St James' Park #NUFC huh? Thought they didn't have stadium naming rights? Infact, it says that explicitly in the last article posted. Unless Pee Spyder is monging again. Link to post Share on other sites More sharing options...
Robbo Posted October 9, 2012 Share Posted October 9, 2012 He's the only one running with it atm though... as a word of caution Link to post Share on other sites More sharing options...
HawK Posted October 9, 2012 Share Posted October 9, 2012 Still hoping for WongArena for the shits+giggles factor. Link to post Share on other sites More sharing options...
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