A £100m takeover deal for Sunderland could be agreed in principle by the end of this week, Sky Sports News HQ understands. Two rival bids, one from Germany and a second, a multi-national consortium, led by a group of Sunderland fans and financed in part with American money are working night-and-day to reach agreement with present owner Ellis Short. (Sky) I know they are Championship now but I'm surprised they are only going for that amount compared to the figures rumoured for Saints.
Cannot guarantee return to PL, so not surprised that being in the Championship means a dramatically lower price than Saints. Money will have to be outlayed to gain promotion without certainty it will work.
In three years time we will know more about the continued Chinese investment in football, so that's not such a bad thing. They have boasted the Italian league, so there are signs that it may be a good thing while the tv money is still so obscene.
Please can we stop bumping this thread when there is no news. I get my hopes up something has actually happened, but of course it never has.
Can anyone shed some light on this? :- https://beta.companieshouse.gov.uk/company/00053301/filing-history
It looks like Kat has created a proper Board to run the Club and is taking a back seat to let them do it as they see fit. For the moment I guess she still has a say on the funding? Not being business minded I have no idea how that works. Does it open the door for the Chinese investors or is it a sign that there will be no deal after all?