Takeover rumours

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Best uncapped Keeper said:
Everything seems to have gone quiet. Coleman's presser seems to concentrate on next season with same owner and no investment. Hopefully lull bfore the storm with confidentiality of dicussions being respected as alternative too horrendous to contemplate.
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Apologies sold have updated this thread yesterday.

Latest from a local journo yesterday

It's one main man with a couple of backers going to take part control running the football side whilst Short stays in the background financing the debt etc

Described as a unusual and interesting set up but something could be announced in the coming week.

I hope takeover I'd announced after relegation. It'd take the sting out of it
 
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DAPARKERSAFC said:
New takeover information courtesy of ALS

local consortium, lead by lifelong supporters. Successful businessmen
business minded approach to off field running
football experts will be involved including ex-player input
funds available for young, hungry lads who want to play for the club & understand passion required

- aim is to connect the fans, team, academy, staff and local businesses.
- number of meetings with Board and Ellis representatives over a number of weeks
- Big meeting in London with Short after Sheff Wed game
- All due diligence done, solid bid put forward by group


Short wants complicated deal involving league status, debt position and value of future players.
local consortium ready to takeover now, no matter what league club is in next year.
consortium want to save club and make the fans proud again

ALS will be making no further comment
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Cheers for that
 
This all sounds very 'League One' to me. If they don't have the financial clout to buy Short out completely, it suggests that under their (partial) ownership, there won't be much difference in the amount available to the manager to fund a promotion push.

In fact, it sounds ideal for Short. Someone else 'runs' the football side of things, and so takes the flak when it goes tits up, while Short hides behind them, making sure he gets his money back.
 
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The Norton Cat said:
This all sounds very 'League One' to me. If they don't have the financial clout to buy Short out completely, it suggests that under their (partial) ownership, there won't be much difference in the amount available to the manager to fund a promotion push.

In fact, it sounds ideal for Short. Someone else 'runs' the football side of things, and so takes the flak when it goes tits up, while Short hides behind them, making sure he gets his money back.
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This!!!

The more I hear about this "deal" with Short still retaining some control at the club the less I like the idea!
 
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Irish businessman William O'Brien has been linked with a potential takeover over of Sunderland. According to the Times, O'Brien and a group of English investors are interested in a deal to take the club off Ellis Short's hands. Short is willing to sell and there are believed to be a number of interested parties at this stage. The report says that Niall Quinn has acted as a sounding board for the group, though it is understood that the club legend is not close to any potential deal and certainly has no interest in returning to the club in a frontline capacity.
O'Brien runs a successful crane hire and storage company with bases across Europe. He offered no comment to The Times when approached regarding his interest.

Read more at: https://www.sunderlandecho.com/spor...-with-potential-sunderland-takeover-1-9102212
 
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Found this intriguing from the club's twitter account before last nights game.

Komatsu a Japanese company similar to Catterpillar.

Can't find anything relevant on Schlüter...
 

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DAPARKERSAFC said:
Found this intriguing from the club's twitter account before last nights game.

Komatsu a Japanese company similar to Catterpillar.

Can't find anything relevant on Schlüter...
Click to expand...

It looks like the two companies have a joint venture here
Could just be a corporate event for the Komatsu staff.
 
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