Sunderland fans react to reports of FPP Sunderland completing investment deal

by Kyle Archer share

3 minute read 1/11/2019 | 08:50am

A selection of Black Cats fans have been reacting to reports from the Sunderland Echo claiming FPP Sunderland have completed their investment into the Stadium of Light outfit.

It is alleged that the group have agreed on a deal to invest a ‘substantial sum’ into the League One side, but only on the ownership side of the club.

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The funds are believed to be heading toward improving Sunderland’s recruitment and academy structures – amongst other infrastructure – and will be directed to Sunderland’s holding company Madrox Partners, with Donald maintaining his 74% controlling ownership of the Black Cats and the other share percentages in the club remaining exactly the same.

Methven is quoted as telling the Echo that FPP Sunderland’s investment will be ‘in our management of the club’.

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“The deal that we’ve signed is for FPP Sunderland to invest a very substantial sum into our management of the club,” he said. “Really, it’s to embark on phase two of the rebuild of Sunderland, having had a gruelling 18 months stripping everything back to ensure there’s no wastage anywhere.

“It’s now time to start building again. We’ve always been clear that would require a bit of investment, from our very early interviews and podcasts, and we said that it was no good suddenly looking for it when we needed it.”

Reacting to the report, one Sunderland fan has declared that it reads like the owners have just been given a bonus, while others are sceptical about how the ownership structure hasn’t changed despite a considerable investment.

Here’s a look at what Black Cats fans have been saying about the report…

Am I reading too much into CM stating “investment into their management of the club and not into the club itself?! Reads like they’ve just been given a bonus!

— darren birbeck (@dazbir1) October 31, 2019

An “investment” with no change to capital structure…so a loan then? Clear the debt just to be saddled with it again – seems a bit dodgy

— Garry Johnston (@GarryJ7) October 31, 2019

interesting they arent changing the ownership %s at all – is it a loan?

— beergrind (@_kathaar) October 31, 2019

I really don’t understand why they’d invest upwards of £10m without any shareholding? Something not adding up

— Adam Guest (@adamguest) October 31, 2019

Perhaps it’s just a starter pack investment and any further investment dependant on whether we can gain promotion ?

— Cows Cottage Antiques (@copperdale) October 31, 2019

Maybe a loan until they get finer details sorted and go through the Fit and Proper tests? Then that money comes out of what they buy their shares for?

— Andrew Tonge (@tongey93) October 31, 2019