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Serious takeover talk

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

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  1. MKmackem

    MKmackem Well-Known Member

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    **** it...I'm off to buy 10 lucky dips for tonight's euro lotto, when I win the big one I'll buy the club...no iffs no buts....
     
    #4921
  2. TeamOfTalents

    TeamOfTalents Well-Known Member

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  3. Sheep Farmer

    Sheep Farmer Well-Known Member

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    #4923
  4. Smug in Boots

    Smug in Boots Well-Known Member

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    #4924
  5. Sheep Farmer

    Sheep Farmer Well-Known Member

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    #4925
  6. Chunksafc

    Chunksafc Guest

    #4926
  7. Jack TheLad

    Jack TheLad Well-Known Member

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    (Chronicle)

    Report: MSD Partners' takeover of Sunderland is OFF

    They report:

    SUNDERLAND’S super-rich American bidders are pulling out of takeover talks over the valuation of the club.

    The League One sleeping giants have been told the shock news after MSD Partners spent over a month trying to finalise a deal.

    The group, led by Glenn Fuhrman and backed by Dell computer cash, were unhappy with the buy-out plan after due diligence.

    Owner Stewart Donald hoped to sell for a good price and keep a major say in the Black Cats.

    But the Americans have too many questions unanswered.

    The parties discussed initial figures over a multi-million sale before Fuhrman flew in to push on with the deal a few weeks ago.

    Those numbers changed after queries were raised by the American’s legal team during a lengthy investigation.

    The Americans felt the club was over-valued and also doubted whether they had as many assets on the academy side as they were led to believe.

    Now Donald and his men are on the look-out for other investors.

    He is also under pressure to sack boss Jack Ross but that would be a costly exercise.
     
    #4927
    East Durham likes this.
  8. Sheep Farmer

    Sheep Farmer Well-Known Member

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    Any comments Smug?
     
    #4928
  9. The Berk

    The Berk Well-Known Member

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    I thought the price was agreed
     
    #4929
  10. Confucius

    Confucius Well-Known Member

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    #4930

  11. SonOfHodge

    SonOfHodge Well-Known Member

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    #4931
  12. SAFC CLUD

    SAFC CLUD Well-Known Member

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    this club never fails to inflict misery
     
    #4932
  13. Chunksafc

    Chunksafc Guest

    did you have your cricket box on?
     
    #4933
  14. Rocky

    Rocky Well-Known Member

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    We're utterly f*cked without a takeover. Sick as a chip
     
    #4934
  15. Turtle

    Turtle Active Member

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    I trust Alan Nixon, he’s been ahead of anyone in the press on this story from day one. Could be a massive loss of opportunity for our club.
     
    #4935
  16. Sheep Farmer

    Sheep Farmer Well-Known Member

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    Seeing as Jack only has a contract till the end of the season you’d hardly think it was that costly
     
    #4936
    Peterleeyacker likes this.
  17. FulwellBri

    FulwellBri Well-Known Member

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    #4937
  18. SAFC CLUD

    SAFC CLUD Well-Known Member

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    Cans back in the bin
     
    #4938
    TonyG likes this.
  19. West stander

    West stander Well-Known Member

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    Well I guess it means someone has to come out and say something one way or another.
     
    #4939
  20. Scotlands number 9

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    How have we managed to **** this up man
     
    #4940
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