"The only lose-lose would be for Juan, Charlie and I": Sunderland owner explains the FPP loan deal

14 November 2019

SAFC
Photo: Getty Images "The investment we have got - or loan, if you want to call it that - is into our holding company Madrox, and that owns Sunderland in its entireity," explained Donald.

A quartet of American businessmen invested £9 million in Sunderland AFC's holding company, Madrox, earlier this month.

Stewart Donald, one of the owners of the club, assures the fans that the only potential downside would be for him and his partners.

Christian Fomsgaard Jensen cfj@offthepitch.com

Two weeks ago, Sunderland AFC's owners, Stewart Donald, Charlie Methven and Juan Santori, secured an "eight-figure investment" in their holding company Madrox, which ultimately owns the football club.

The investors are American billionaires Glenn Fuhrman, John Phelan, Robert Platek and Michael Dell. Papers lodged at Companies House have since revealed that the investment was £9 million (or seven figures) and that the loan is secured against the football club and their assets, including the Stadium of Light and the Academy of Light, writes the Chronicle.

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