Scoot Posted October 16, 2017 Share Posted October 16, 2017 How is it even possible to get 8 points from 12 games in that league ffs. Aye, especially with it just being a pub league and all that. Link to post Share on other sites More sharing options...
Sima Posted October 16, 2017 Share Posted October 16, 2017 https://www.readytogo.net/smb/threads/grayson-not-worried-about-being-in-relegation-zone.1397101/ Grayson is a one-off like Enjoyed this post from the thread. Any PL money has always been used for operating reasons - that's not going to change. Our problem, as I tried to explain in another thread, is that we simply couldn't afford to shoot for that and fail. The massive problem is the external debt. As I said in the post you responded to, money due from the PL is part of their security. While you can get some understanding of what's in the loan agreement from the charge documents at Companies House, there are no indications of any covenants associated with the loan. It's by no means implausible that there's a condition that the loan, at any time, cannot exceed future monies due (and that means with certainty, not on the assumption that promotion could be achieved). On that basis, given that this year's parachute payments are committed, we could be looking at them insisting on the debt being no more than £54m now, and £17m by the start of next season. Given that Short is unwilling or unable to commit more cash, that could go a long way to explaining the club's behaviour. Even this cautious accountant didn't think that the transfer spend would be as low as it was. I don't see the debt due to Drumaville as an existential threat - the debt due to SBC is. Shooting for promotion and missing could put us in a situation where £70m or so has to be found, and an owner unwilling to provide it. We're caught between a rock and a hard place, and, frankly, at the moment I'm more concerned with having a club to support than what division they happen to be in. Glorious if true. Link to post Share on other sites More sharing options...
afar Posted October 17, 2017 Share Posted October 17, 2017 https://www.readytogo.net/smb/threads/grayson-not-worried-about-being-in-relegation-zone.1397101/ Grayson is a one-off like Enjoyed this post from the thread. Any PL money has always been used for operating reasons - that's not going to change. Our problem, as I tried to explain in another thread, is that we simply couldn't afford to shoot for that and fail. The massive problem is the external debt. As I said in the post you responded to, money due from the PL is part of their security. While you can get some understanding of what's in the loan agreement from the charge documents at Companies House, there are no indications of any covenants associated with the loan. It's by no means implausible that there's a condition that the loan, at any time, cannot exceed future monies due (and that means with certainty, not on the assumption that promotion could be achieved). On that basis, given that this year's parachute payments are committed, we could be looking at them insisting on the debt being no more than £54m now, and £17m by the start of next season. Given that Short is unwilling or unable to commit more cash, that could go a long way to explaining the club's behaviour. Even this cautious accountant didn't think that the transfer spend would be as low as it was. I don't see the debt due to Drumaville as an existential threat - the debt due to SBC is. Shooting for promotion and missing could put us in a situation where £70m or so has to be found, and an owner unwilling to provide it. We're caught between a rock and a hard place, and, frankly, at the moment I'm more concerned with having a club to support than what division they happen to be in. Glorious if true. Why would any financial institution agree to secure any loan on future PL TV money there, when Sunderland every year flirted very heavily with relegation? Although it would be glorious if it happened, I highly doubt they are in any serious danger of imminent administration, maybe later down the line though if they don't sort themselves out somehow. Link to post Share on other sites More sharing options...
Sima Posted October 17, 2017 Share Posted October 17, 2017 It's alreet though, if you rank our two clubs currently they are a better proposition than we are for a takeover https://www.readytogo.net/smb/threads/pros-for-buying-safc-vs-nufc.1397341/ We have a better ground, state of the art training facility which is all paid for. We will be cheaper by around £200 million and have similar levels of debt. They have a better squad, they have £100 million a year TV money but there is little doubt that if somebody wanted to "buy" the Championship then it could be done with SAFC without too much trouble. You would end up with a Premier league football club for a smaller investment than buying the mags. In terms of fanbase both are similar and any threat of success and both stadiums would be sold out each week. Depends what you want I guess....Sunderland is primed and ready for a revolution and for somebody to make themselves an absolute legend as an owner.....Newcastle is on a hiding to nothing unless you have the really big money to throw at it like the Arabs as massive spending in the Prem will buy you mid table these days. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted October 17, 2017 Share Posted October 17, 2017 No one will invest in SAFC, because there is nowt to invest in. Shitty club, shit stadium, dump of a city and a fanbase that cannot bother to turn up and when they do they just litter the place and racially abuse their players' mams. Link to post Share on other sites More sharing options...
Willow Posted October 17, 2017 Share Posted October 17, 2017 Shitty club, shit stadium, dump of a city and a fanbase that cannot bother to turn up and when they do they just litter the place and racially abuse their players' mams. They should use this as a club motto under their crest Link to post Share on other sites More sharing options...
xLiaaamx Posted October 17, 2017 Share Posted October 17, 2017 Imagine trying to seriously suggest that Flatpack Ikea shit-tip is a better ground ffs. Its 20 years old and yet it's already falling apart. Link to post Share on other sites More sharing options...
Wallsendmag Posted October 17, 2017 Share Posted October 17, 2017 Imagine trying to seriously suggest that Flatpack Ikea s***-tip is a better ground ffs. Its 20 years old and yet it's already falling apart. Pink is the "in" colour marra. Link to post Share on other sites More sharing options...
Tsunami Posted October 17, 2017 Share Posted October 17, 2017 Listened to a bit of Jim White on Talk Shite this morning, they were talking about the possible sale and had some sensible callers. Then came some random Mackem who basically bleated on about how it should be them, cheaper, better stadium, better training ground and the 52,000 ‘Daft Geordies’ and their unrealistic expectations. I actually think the presenters felt a bit sorry for him. Link to post Share on other sites More sharing options...
Ikon Posted October 17, 2017 Share Posted October 17, 2017 Thought the Turkish guy had just bought us for a moment, because when i loaded the Official site I was asked if I accepted cookies. Link to post Share on other sites More sharing options...
Scoot Posted October 17, 2017 Share Posted October 17, 2017 It's alreet though, if you rank our two clubs currently they are a better proposition than we are for a takeover https://www.readytogo.net/smb/threads/pros-for-buying-safc-vs-nufc.1397341/ We have a better ground, state of the art training facility which is all paid for. We will be cheaper by around £200 million and have similar levels of debt. They have a better squad, they have £100 million a year TV money but there is little doubt that if somebody wanted to "buy" the Championship then it could be done with SAFC without too much trouble. You would end up with a Premier league football club for a smaller investment than buying the mags. In terms of fanbase both are similar and any threat of success and both stadiums would be sold out each week. Depends what you want I guess....Sunderland is primed and ready for a revolution and for somebody to make themselves an absolute legend as an owner.....Newcastle is on a hiding to nothing unless you have the really big money to throw at it like the Arabs as massive spending in the Prem will buy you mid table these days. It's mind boggling that they type this shit and actually believe it. Link to post Share on other sites More sharing options...
Guest milburn990 Posted October 17, 2017 Share Posted October 17, 2017 It's alreet though, if you rank our two clubs currently they are a better proposition than we are for a takeover https://www.readytogo.net/smb/threads/pros-for-buying-safc-vs-nufc.1397341/ We have a better ground, state of the art training facility which is all paid for. We will be cheaper by around £200 million and have similar levels of debt. They have a better squad, they have £100 million a year TV money but there is little doubt that if somebody wanted to "buy" the Championship then it could be done with SAFC without too much trouble. You would end up with a Premier league football club for a smaller investment than buying the mags. In terms of fanbase both are similar and any threat of success and both stadiums would be sold out each week. Depends what you want I guess....Sunderland is primed and ready for a revolution and for somebody to make themselves an absolute legend as an owner.....Newcastle is on a hiding to nothing unless you have the really big money to throw at it like the Arabs as massive spending in the Prem will buy you mid table these days. It's mind boggling that they type this s*** and actually believe it. Their delusional posts are hilarious they're all on what Dave the Rave is on. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted October 17, 2017 Share Posted October 17, 2017 I'm not one for criticising poor attendances because lets face it, they are a well supported club still. But we sold out almost every game during both relegation seasons and have been shat on just as much as they have. I genuinely believe their stadium should have been a 30K seater stadium similar to St. Marys as even if they were doing well, it won't be filled every week. They literally can't give tickets away these days, even I as a Geordie have been offered free tickets to the SOL through work. Link to post Share on other sites More sharing options...
HaydnNUFC Posted October 17, 2017 Share Posted October 17, 2017 It's alreet though, if you rank our two clubs currently they are a better proposition than we are for a takeover https://www.readytogo.net/smb/threads/pros-for-buying-safc-vs-nufc.1397341/ We have a better ground, state of the art training facility which is all paid for. We will be cheaper by around £200 million and have similar levels of debt. They have a better squad, they have £100 million a year TV money but there is little doubt that if somebody wanted to "buy" the Championship then it could be done with SAFC without too much trouble. You would end up with a Premier league football club for a smaller investment than buying the mags. In terms of fanbase both are similar and any threat of success and both stadiums would be sold out each week. Depends what you want I guess....Sunderland is primed and ready for a revolution and for somebody to make themselves an absolute legend as an owner.....Newcastle is on a hiding to nothing unless you have the really big money to throw at it like the Arabs as massive spending in the Prem will buy you mid table these days. The guy saying he thought Keane was going to create a Ferguson esque dynasty Link to post Share on other sites More sharing options...
afar Posted October 17, 2017 Share Posted October 17, 2017 My work doesn't "trust" the RTG forum, so I can only imagine the crap they are spewing, must be a horrible time for them really. There is nothing at all for them to have any hope for with their own team, so their only really solace right now is to find something that they can cling to in a negative aspect about us. Trying to twist the possible(if unlikely) sale of NUFC, into a them or us situation where the clear winner is them is bizarre in the extreme, but when you are clutching at straws for comfort what can you do ? Link to post Share on other sites More sharing options...
Guest milburn990 Posted October 17, 2017 Share Posted October 17, 2017 Most of the SMB's seem to think the only pros for buying the mackems over us is the lower price they are worth, the delusion has failed to take account of their debt. http://www.totalsportek.com/football/clubs-with-the-most-debt/ and this is when they were still in Premier league. Link to post Share on other sites More sharing options...
Dokko Posted October 17, 2017 Share Posted October 17, 2017 Love it how they once a season filled their ground (against us and heavily subsidised with free tickets) and we sell out pretty much every game, even in the championship, yet the level of support is somehow the same. What they are getting now is their true reflection, with no free tickets on offer. Even those who’ve paid currently aren’t turning up. If we had any success we’d need a bigger ground, they’d just about fill theirs on the cheap. But yer knaa, it’s canny similar. Link to post Share on other sites More sharing options...
Paully Posted October 17, 2017 Share Posted October 17, 2017 That thread! What a deluded bunch of idiotic, bitter bellends they are! I genuinely hope they sink down the leagues and we never play them again! Link to post Share on other sites More sharing options...
Decky Posted October 17, 2017 Share Posted October 17, 2017 Could they genuinely be finished with another relegation? Link to post Share on other sites More sharing options...
Ameritoon Posted October 17, 2017 Share Posted October 17, 2017 I feel like they'll just squeak by for some reason. There's just so much shit at the bottom of the table, Bolton has pretty much already taken one spot. Obviously a better investment than a Premier League club though Link to post Share on other sites More sharing options...
geordiedean Posted October 17, 2017 Share Posted October 17, 2017 That thread! What a deluded bunch of idiotic, bitter bellends they are! I genuinely hope they sink down the leagues and we never play them again! This seconded....they can go fucking pop and we never play them again for all I care...hopefully the North sea just swallows the whole of the fuckers up. After all its already eaten half of their catchment area Hope Nissan goes fucking tits up and its a deserted wasteland of a place too Link to post Share on other sites More sharing options...
Dokko Posted October 17, 2017 Share Posted October 17, 2017 That thread! What a deluded bunch of idiotic, bitter bellends they are! I genuinely hope they sink down the leagues and we never play them again! This seconded....they can go fucking pop and we never play them again for all I care...hopefully the North sea just swallows the whole of the fuckers up. After all its already eaten half of their catchment area Hope Nissan goes fucking tits up and its a deserted wasteland of a place too Cheers fuckface Link to post Share on other sites More sharing options...
Decky Posted October 17, 2017 Share Posted October 17, 2017 Yeah strange comment that. Some things are more important than football. I wouldnt want to see anyone lose their jobs, especially in a company which I'm sure hires plenty of Newcastle fans as well. Link to post Share on other sites More sharing options...
Dokko Posted October 17, 2017 Share Posted October 17, 2017 Yeah strange comment that. Some things are more important than football. I wouldnt want to see anyone lose their jobs, especially in a company which I'm sure hires plenty of Newcastle fans as well. Its the kid of pathetic small minded bitter shite i'd expect from them lot. Didn't realise we did that level of stupidity, looks like we do. Link to post Share on other sites More sharing options...
sbnufc Posted October 17, 2017 Share Posted October 17, 2017 Just caught the end of the advert on the radio for Sunderland City of Culture 2021 "we have Penshaw Monument and the Glass centre, it's bursting with culture!" Link to post Share on other sites More sharing options...
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