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Am I the only one worried?

Discussion in 'Sunderland' started by Brian Storm, Nov 29, 2020.

  1. Brian Storm

    Brian Storm Well-Known Member

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    Who will chair the club? I keep having horrors in the back of my mind that it will be SD and this take over is actually just investment with a reshuffle of shares. Reassure me please.
     
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  2. Flamin hot

    Flamin hot Well-Known Member

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    It's all bad news mate, so prepare yourself for the worst
     
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  3. Guinness Guzzler

    Guinness Guzzler Well-Known Member

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    Donald wants nowt to do with it. Truth be told there's been **** all leadership at the club since the play off final. He'll want his money from his remaining shares, nowt else.
     
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  4. Julio

    Julio Well-Known Member

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    A chairman will be appointed inside a week or so i would imagine
     
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  5. Nacho

    Nacho Well-Known Member

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    I don't have anything concrete to go on but it seems to me that everything is looking very rosy. Mainly going off the ITKs on here who seem to know what's going on and all seem very positive. The only real concern was if Donald would sign and I believe he has now and will be handing over the baton to much wealthier people.
     
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  6. Disco down under

    Disco down under Well-Known Member

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    The Methven talk made me nervous.

    Not fussed who owns the shares. If a bloke like that runs the business it won't be fun.
     
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  7. Brian Storm

    Brian Storm Well-Known Member

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    That's not really what I'm worried about bud but thanks anyway <cheers> more concerned with who it will be. Go through the options within the share holders and ask if any are righ for the job
     
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  8. Brian Storm

    Brian Storm Well-Known Member

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    This is my worry. Let's go through the shareholders. SD and CM. No thanks. Juan is in active political duty back at home so not ideal given he already has a full-time job and the kid is only 22. I don't think any are in an ideal position to be running a football club.
     
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  9. Essayyeffcee

    Essayyeffcee Well-Known Member

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    IMO neither Donald nor Methven are interested in running the club, if they were, Donald wouldn't have resigned from being the Chairman and Methven wouldn't have resigned from being a director of the club. I doubt now there's a new lad with money coming in and with Donald having less shares, he'd jump at the chance of running the club again after the **** up he's already manged to preside over. They'll be in the background, waiting for someone else to fund a promotion and then try and make as much money as they can for their shares. KLD will bring someone in to run the day to day business and then report to the shareholders - just like in big business.
     
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  10. Brian Storm

    Brian Storm Well-Known Member

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    Happy with the investment mate. More worried about who will actively chair the pub and make the day to day finantial decision making. We've seen an abundance of money pass through the club before and it was far from successful. We need somebody in charge who ain't gonna **** it all up. Quinn blew half Shorts money and when Short thought he could do better he did even worse.
     
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  11. Brian Storm

    Brian Storm Well-Known Member

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    Yeah mate.i get the process, this isn't our first buy out. I'm just trying a generate a bit of discussion as to who. Hoping some of the itk have a few names we can look into. It is after all the next big decision before manager, this person will likely negotiate with said manager
     
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  12. flandersmackem

    flandersmackem Well-Known Member

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    In my experience in business, the Chairman/woman is much more just a front for the company and less of the actual decision maker. You could yourself well pleased with their choice of chairperson, only to find the power behind the throne is probably less than what you want. Looking at the snippets i'm seeing in various places, both Donald and Methven will be nowhere near the power base of this club, only waiting for the day the shares they have been given are worth enough to cash in.
     
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  13. Brian Storm

    Brian Storm Well-Known Member

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    But it's football mate and chairman's run the show. Yes they delegate but who they delegate to is utterly vital. Every chairman in my lifetime has ran the show. Murray, Quinn, Short, Donald. Ther decisions have had massive repicussions. Has something changed in football where the next Chairman won't run the show and make vital decicions?
     
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  14. flandersmackem

    flandersmackem Well-Known Member

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    I'll give you an example. Chelsea have Bruce Buck as Chairman. Roman Abramovich calls every single shot in that club. I'm not saying its the norm, but it happens and it could happen here, especially with our two potential owners, one based on Uruguay and one in France. Its just a theory
     
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  15. Disco down under

    Disco down under Well-Known Member

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    But a managing director is entirely involved and needs to be competent.

    My agency was shuttered in February thanks to an incompetent and completely toxic MD/Founder.

    The club is far bigger than a sporting director and whoever they report to needs to be able.

    Look at United with Woodward. They are drowning with his incompetence.
     
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  16. flandersmackem

    flandersmackem Well-Known Member

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    Not arguing at all about it...just saying it sometimes happens. Man City, Arsenal and Chelsea are not exactly suffering with the system....it could work with the right people involved...All I am saying the owner doesn't need to be the Chairman especially if that owner is not located in the same country as the business.
     
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  17. Disco down under

    Disco down under Well-Known Member

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    Absolutely. But finding that right person to take the club forward is huge. Just as important as this manager or sporting director.
     
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  18. flandersmackem

    flandersmackem Well-Known Member

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    Agree 100%
     
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  19. Smug in Boots

    Smug in Boots Well-Known Member

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    The new people could invest multi-millions without ever owning a share ...

    .... they want the shares because they equal control.

    No one would give Donald money after seeing him new waste it season after season.

    He distanced himself from the club, months ago, and won't be back either as chairman, CEO or kit man ...

    ... he has no usable skills.
     
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  20. I think people who are worried about who will be running the club from now on should consider the new owners' purpose, and allow them some credit. They have presumably bought the club with the desire to see it reach its' full potential,which will require very capable and experienced management from top to bottom. They have the benefit of seeing our experiences in the last 10 years or so and will be determined not to repeat the mistakes of the past. A significant amount of time and money will need to be spent to get us anywhere near meaningful improvement, not to mention any kind of return on the investment made.
    With that in mind, I'm not expecting this to progress with a string of second class appointments, and I don't think it will make a jot of difference if the owners live in France,Monaco or Uruguay.....they'll still be able to instruct and monitor their management staff from wherever they are.
    Finally,I don't think Donald will be anywhere near this......I agree with Smug.....he's wanted out,and it looks like he's got his wish. As for Methven, it appears that he's had a role in all of this and it may be we still find him involved with some kind of PR/marketing duties, but I don't believe he'll have any influence whatever in matters of our main business....football.
     
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