Expert drops verdict as Sunderland agree behind-the-scenes deal

Below is a summary of the full article. Click here for the full version from Football Insider or go back to LFC Live.

I think they did the Macquarie loan before and this is just extending it further. “They obviously felt they could do it now because they feel safe from relegation, which I think they are.

I think everybody would accept the fact they are. So they’ve extended it through to next summer, from what I understand.

Also, I think that the parent company with Louis-Dreyfus also has a lot of debt to Sunderland, but they’ve also said they’re going to put that into equity. “And the fact they’ve got the security of not being in a relegation battle, it has probably allowed them to get a more successful interest rate than they would have had to if they’d been in that relegation battle.