The debt was there
He didn't create it
He could off made the club pay it back
Most business men would
So I don't begrudge a few sports direct logos around
Even if he was aware of it the truth is it was there
If he was aware of it and chided not to buy the club
Where would we. E know under Shepard etc
Playing Sunderland next season maybe
The truth is it is there and sooner or later it will need paying
It won't go away
The club will always own the debt
It won't go away
It just sits there increasing
It's just a figure on a piece of paper
Until he either calls it in or the next owner pays it
He won't even oh he knew it was there he would still have left it there
It's us the fans who have been robbed by the previous owners
They spe
Whoever buys the club in the future will have to pay it. That’s partly why he upped the cost of buying the club in May. £149m debt + £250m to buy the club.
It looks like Staveley doesn’t have the finances to pay £400m then transfer money on top.
8 million a year- backdated 11 years would make a helluva hole in the mythical debt.
i wouldnt sell the naming rights at all
but to be fare he can have wal to ceiling adverts for all i care
i hardly notice them as i usually look at the lads on the pitch
although last season watching the footy we wee dealt with i did find myself looking around
and i thought
how can any idiot find a piece of wrighting on a wall offensive etc
especially when the person that has it there owns our club and saved us from the previous owners
as much as i liked the sunderland derbys
i think we would have fallen as quick if not quicker than them if he hadnt stepped in
now thats an opinion
and not put on here to create or shi73 stir
you are correct
i think the price went up as the debt did
its like one of those interest mortgages only
sooner or later someone has to pay it back
and i bet it wont be ash
naming writes may get us 2-4 mill on a good year
would only just pay the interest on the debt he had
so really this is what he is doing
saying if the club cant pay me it back ill have some free advertising
and who can blame him
at least his buisness makes money
not like northern rock etc