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Happy to organise a plane to fly over us but no desire for anything actually productive for their club.

 

How big is their loan to the 3rd party? Would the parachute payment/player sales (lol) cover it?

Surely Ellis will either have to take a hit himself or just go in to admin now.

 

Around £60m for the pp and the loan to sbc. They are first in line for their credit so will be in then out. Rest is owed to short. If they go in to administration now short gets nothing so it won’t happen.

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Guest covmag

i wouldn't  waste money on a plane for those bitter bastards, let them stew in the shit and laugh at them.

 

2 in a row

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Guest neesy111

Fucking League One man :lol:

:lol: :lol:

They'll play when it's international weekends now, right? :lol:

 

Depends how many internationals they have away.

 

1st round of FA cup.

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Guest covmag

Fucking League One man :lol:

:lol: :lol:

They'll play when it's international weekends now, right? :lol:

no streams to watch it in the pub or at home, brief highlights, never mentioned, tourism lol hit, no revenue, need a new team and up to their eyes in debt, relegated by Burton  Albion  :lol:  oh my giddy days  :lol:

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Been out all afternoon, just got in to check the scores

 

Saw they lost

 

:lol:

 

Then that they were leading with 4 minutes to go

 

:lol: :lol:

 

Realised Bent got the equaliser

 

:lol: :lol: :lol:

 

Then read about the disallowed goal

 

:lol: :lol: :lol: :lol:

 

I'm in tears here!

 

Our next game couldn't be funnier either. At Everton, who they 'relegated us' against, with Fat Sam as manager, for a place in the top half of the Premier League. Mitro is nailed on to score against them Friday as well. Its in the stars.

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https://www.bbc.co.uk/sport/football/43784572

 

"Interest payments alone are £8m per year and even the remaining two parachute payments will not cover the outstanding money owed to the bank, which has a two-year repayment schedule in place."

 

 

"The published attendances in the mid-20,000s have been patently massaged to add gloss to a desperate situation," said Barnes. "In reality the true numbers turning up have been closer to 15-18,000, which in the circumstances is commendable."

 

 

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"The debt remains huge, even if player sales and the reduction in wage bill to £35m have trimmed down the last reported figures of £137.3m from April 2017.

 

To put it into perspective, Uefa's annual report lists Sunderland as having the 13th highest net debt in Europe, more than that of Paris St-Germain, Porto and rivals Newcastle.

 

Former Manchester City and Everton midfielder Jack Rodwell remains under contract and, although his salary also recedes, it still totals upwards of £40,000 per week. By contrast, the average salary of a League One player is between £1,700 and £2,500.

 

Any transfer fees or other sources of income such as parachute payments, central funding or television revenues - the majority of which are reduced in the third tier - will go straight towards servicing debt."

 

 

sensiblechuckle.gif

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Sure I heard they've never been relegated in their history. Nothing short of a miracle if they survive a second time. It's very possible now too.

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