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SD has decided to sell!!

Discussion in 'Sunderland' started by HeatonMackem, Dec 30, 2019.

  1. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    In some ways the timing of the Ross sacking ties in with this. He wants x, they say it's not worth that unless it's in the championship. He says not to walk away but instead to give him the chance to get us to the championship where he can make the money. Knowing that Ross didn't look like doing it and knowing the fans were turning, he quickly rolls the dice. Ross goes, he gets in someone he hopes can get us up.

    If it works, he gets more return for his money. If it doesn't he knows the fans will turn on him, he knows we'll be stuck in league one with no parachute money, very few saleable assets on the playing side, loads of players out of contract and, suddenly, he'd likely need to put more in with no guarantee of success. Eventually he'd be throwing good money after bad and making it more and more likely that he'd rack up a sizeable loss. Staring that in the face as he is now maybe he cuts his losses and accepts what is currently on the table.

    Tin hat conspiracy time, maybe he was all set to do it and his appearance on the radio was to communicate that to the fans (and maybe it was mooted to radio Newcastle prior to Doncaster although not communicated until afterwards) and then 2 much improved performances and a few points led to him canceling as he's tempted to ride it out a bit longer and see if Parkinson can turn it around
     
    #541
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  2. Comfy

    Comfy Well-Known Member

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    They won’t be bothered about the difference from then to now, they have an ex England manager who is advising them and who’ll be telling them what a opportunity it is for somebody to get a club the size of us and take them to the promise land for the price they will get us for. Remember they are the ones who got this person in to advise them so they will be listening
     
    #542
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  3. Magnus

    Magnus Well-Known Member

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    I was told dell was putting most of the money in and by the time we got back to the prem him and FPP would end up with 75% and SD With 25%
     
    #543
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  4. Kittenmittons

    Kittenmittons Well-Known Member

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    I hope so mate. I really do.

    Let's see what Donald says here.
     
    #544
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  5. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    I think that's always been Donald's aim. After all he currently owns about £15m worth of club (that's what he paid for it). If they came in and we became mint he might have 25% of one worth nearer £300m, plus most clubs in the PL make profit so he could get dividend payments in the meantime until he wants to sell.

    The issue as I see it is that, as we go, he likely couldn't afford to put 25% of the money in, not if they're seriously investing. That being the case, much like Methven when he came, Donald would need to be doing something in lieu of funding, or else why would FPP go for it? All I can see is that they don't know football, so maybe the hope would be that Donald would run the club day to day (ties in with the talk of his company opening a Sunderland branch, let's him stay local) and that would be his contribution. Of course now it looks like he isn't suited to it, the fans don't want him doing it, so maybe FPP say you've had your chance but we now want all of it, take the money we think it's worth or risk sitting on it and losing a lot more down the line
     
    #545
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  6. Magnus

    Magnus Well-Known Member

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    Maybe he sold the business just to keep us ticking over until the summer, that 10m just looks like a down payment and I think he’s played it down Incase FPP pull the plug and it puts off other buyers
     
    #546
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  7. Kittenmittons

    Kittenmittons Well-Known Member

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    It's not FPP.
     
    #547
  8. Kittenmittons

    Kittenmittons Well-Known Member

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    If they were gonna buy it they would have bought it already.
     
    #548
  9. Kittenmittons

    Kittenmittons Well-Known Member

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    We sold them our vision, they invested the money in a management team and if I'm not there it's unlikely that they'll want to take it on - never say never.

    They have not put in an offer to buy - clarifies this explicitly.
     
    #549
  10. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    Sorry, what isn't?
    Edit: don't worry, seen your subsequent posts!
     
    #550

  11. Kittenmittons

    Kittenmittons Well-Known Member

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    We were close to completion on another deal, FPP offer was different and less than other offer, was never to control it.
     
    #551
  12. Kittenmittons

    Kittenmittons Well-Known Member

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    Sorry just transcribing Donald

    FPP money - he's just paying it back if someone else buys, hasn't spent any of it
     
    #552
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  13. DH4

    DH4 Well-Known Member

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    Pretty unequivocal that FPP will not be buying the club and that he will return the £10 million :emoticon-0101-sadsm
     
    #553
  14. Essayyeffcee

    Essayyeffcee Well-Known Member

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    Not so sure about that! You accept a deal and then knock it on the head cos these other guys were offering less?
     
    #554
  15. Kittenmittons

    Kittenmittons Well-Known Member

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    He said it was because they were the right people for the club.
     
    #555
  16. Oliver's Army

    Oliver's Army Well-Known Member

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    Confirmed - none of the loan has been spent. The lift is still ****ed! :emoticon-0106-cryin #prayforthelift.
     
    #556
  17. Essayyeffcee

    Essayyeffcee Well-Known Member

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    Was listening but not too sure about what he said
     
    #557
  18. O'conner flood

    O'conner flood Well-Known Member

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    things will esculate now
     
    #558
  19. Kittenmittons

    Kittenmittons Well-Known Member

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    Doesn't want to take a loss as club is better off

    FPP deal was best for the club. It was about his track record.

    Never about valuation, about who brings best value to Sunderland - expects a long period of club being up for sale as he does DD on potential buyers
     
    #559
  20. Essayyeffcee

    Essayyeffcee Well-Known Member

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    Small steps first.......
     
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