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Serious takeover talk

Discussion in 'Sunderland' started by Smug in Boots, Aug 21, 2019.

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  1. Smug in Boots

    Smug in Boots Well-Known Member

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    What bothers me, but only slightly, is that we're supposed to be moving into a new place where we look professional and serious.

    Leaking info to fanzines, twittering and talking about the takeover in a Blackhill club looks 3rd rate imo.

    I really admire Donald, and have praised him highly, but the current atmosphere has stagnated imo.
     
    #2821
    Guinness Guzzler likes this.
  2. kirkyboy

    kirkyboy Well-Known Member

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    Hopefully we’re in the endgame now and everything is on lockdown pending an official announcement?

    A few more days maybe......
     
    #2822
    My Left Foot and Smug in Boots like this.
  3. West Winger

    West Winger Well-Known Member

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    Yeah I’m sure there’s a certain percentage over which the remaining shareholders have to sell up. It might be if 75% of shareholders agree to sell, then the remaining 25% have to sell compulsorily.
     
    #2823
  4. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    Someone on the SMB has suggested it might be 90% which would be a pain like. Surely Sartori wouldn't risk the whole deal over a couple of million quid mind, he only spent £3m so not like he can be expecting massive profits in that time (you'd bloody hope not anyway, if he ****s this up I'll go and live in Uruguay and vote against him at every election)
     
    #2824
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  5. Roker Mackem

    Roker Mackem Active Member

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    Thatll show him
     
    #2825
  6. Ned Doig

    Ned Doig Well-Known Member

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    Absolutely.... The event had been planned a while. They are something that all branches can have and they've been going on since last season. They generally happen before home games or for branches further afield when we are playing near by the next day.

    The aim of them is to promote the branches and grow the branch membership. For Consett, this worked as close to 50 old members and people on the fringes joined or rejoined the branch, pushing the membership close to 300. From a branch perspective, it was a huge success. It also heavily increased the social media presence for the branch. Job done from the club's and branch perspective.

    People are looking into it far too much. There was never going to be a groundbreaking announcement at a social club in Consett, despite all the ridiculous rumours about Netflix being there etc.

    The takeover question aside, for which the answer could have been written before it was answered, the night was very much a repeat of all of the podcasts that we've all heard. The only exception was the Jack Ross position in light of the previous weekends result at Bolton.

    As I've said previously, the answer to the takeover question gave nothing away and I took the response positively. Shame on the person who took the better than 50/50 chance comment in a negative way and couldn't get it out quick enough.

    Think about it logically, the club have been very open on almost everything since Donald and Methven arrived. All of a sudden, they've gone deathly quiet. Why? This will be due to NDA's and the legalities of the deal. If they could say something they would.

    It'll happen, just be patient. I'm not ITK but that's my gut feeling from what I picked up on Friday night.
     
    #2826
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  7. West Winger

    West Winger Well-Known Member

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    Yeah between them, Donald and Methven own 80% of the shares and a compulsory purchase can only be triggered at 90%.
     
    #2827
  8. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    GOM over there has cleared it up a bit. They can't force Sartori to sell his shares in Madrox. However, the club is Sunderland limited, which Madrox owns. If the Americans wish (which they probably do) they can just buy Sunderland limited (which would then be owned by FPP rather than Madrox). They can agree to sell a business linked to Madrox just on the strength of the shares held by Donald and Methven. So it's unlikely Sartori can cause a major issue
     
    #2828
  9. Stone Pony

    Stone Pony Member

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    Smug, I really don’t know why you’re wasting your own time and effort explaining yourself to these WUM.It’s pretty obvious by the information you have supplied that you know someone connected
    Totally agree with everything you’ve said. It will happen,I’ve been told “it’s days away not weeks”, but I was originally told the 16/9 but that turned out to be the meetings in London. I’m hoping Smug knows sumit?
     
    #2829
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  10. BigPete

    BigPete Well-Known Member

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    Looks like Steve3000 got banned, hes complaining about it on RTG.

    Mods are really efficient here and I like that he tried to derail that thread on many occasions over there. Good job :emoticon-0148-yes:
     
    #2830
    halfman, MKmackem, happy feet and 3 others like this.
  11. Mikki Disco

    Mikki Disco Well-Known Member

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    Stick me down for a postal vote as well
     
    #2831
    Guinness Guzzler and West Winger like this.
  12. Dunder Mifflin

    Dunder Mifflin Well-Known Member

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    Good, he abuses other posters but is the first person to go running when someone says something about him.
     
    #2832
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  13. BigPete

    BigPete Well-Known Member

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    True noticed it loads on RTG.

    I presume your Bears, Beats, Battlestar galactica?
     
    #2833
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  14. Dunder Mifflin

    Dunder Mifflin Well-Known Member

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    please log in to view this image
     
    #2834
    halfman, Mikki Disco and BigPete like this.
  15. BigPete

    BigPete Well-Known Member

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    The KGB don't wait for nobody!

    Love that show
     
    #2835
  16. SAFCDRUM

    SAFCDRUM Well-Known Member

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    You cant say that on here mate, I'm still in therapy.
     
    #2836
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  17. BigPete

    BigPete Well-Known Member

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    Anyone with half a brain could see Mvilla was the better option and he wanted to come here...

    Shame Moyes didn't even have that so we broke our transfer record on Ndong
     
    #2837
    SAFCDRUM likes this.
  18. Toddius

    Toddius Active Member

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    Sorry marra! *gets back in his box*
     
    #2838
  19. BigPete

    BigPete Well-Known Member

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    Looks like the thread over there maybe getting locked due to bickering.

    Proper breath of fresh air this place like
     
    #2839
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  20. :emoticon-0102-bigsm
     
    #2840
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