1. Log in now to remove adverts - no adverts at all to registered members!

Kyril Louis-Dreyfus has increased his shareholding in the Club.

Discussion in 'Sunderland' started by Dave_39, Mar 17, 2023.

  1. Dave_39

    Dave_39 Well-Known Member

    Joined:
    Sep 24, 2019
    Messages:
    6,407
    Likes Received:
    11,379
    Sunderland AFC today confirms Kyril Louis-Dreyfus has increased his shareholding in the Club.

    Mr Louis-Dreyfus has increased his stake to 58%, with Juan Sartori increasing his shareholding to 33%.

    The acquisition has been made through the purchase of shares previously held by Stewart Donald, who has reduced his stake to 9%.

    SAFC’s Board of Directors and governance remains unchanged.

    17th March 2023 - SAFC
     
    #1
  2. Hudson92

    Hudson92 Well-Known Member

    Joined:
    Aug 2, 2021
    Messages:
    10,155
    Likes Received:
    26,504
    Excellent news, slowly getting rid of the leaches
     
    #2
  3. OldArgus

    OldArgus Well-Known Member

    Joined:
    Jul 20, 2020
    Messages:
    141
    Likes Received:
    534
    For most fans, this can only be seen as a welcome move and a significant vote of confidence by Mr Dreyfus in his plans for SAFC.
    However, it will be interesting to see how long before someone sees some ulterior motive in this move?
     
    #3
  4. OldNewtown

    OldNewtown Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    2,011
    Likes Received:
    5,509
    Be interesting to know how much KLD and Satori paid for the shares, not that we will ever find out.
    Just wonder if Donald is finding it expensive to fund his share of costs.

    Edit - Just a thought, wonder if the sale of shares is to meet Donald's liabilities
     
    #4
    Last edited: Mar 17, 2023
  5. DH4

    DH4 Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    3,341
    Likes Received:
    6,999
    SD can't afford to keep up with KLD and JS either way, the are nudging him out bit by bit.
     
    #5
  6. 7Mackem78

    7Mackem78 Well-Known Member

    Joined:
    Aug 11, 2020
    Messages:
    661
    Likes Received:
    1,285
    Always thought the long game would squeeze him out. The more we spend on transfers, the more it would cost him. Now only has to put 9% of a transfer in, which is probably affordable till we get in the prem.

    His remaining stake will be worth more at that point though, so will be a case of who blinks first.
     
    #6
    Robertson likes this.
  7. Snaggey

    Snaggey Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    8,275
    Likes Received:
    41,584
    I thought SD still has a massive say on how the club is run, and invests £millions.....I read it on here.
     
    #7
  8. rooch 3

    rooch 3 Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    18,742
    Likes Received:
    27,800
    Bob will be crying in his pint of Carling.
     
    #8
  9. Smug in Boots

    Smug in Boots Well-Known Member

    Joined:
    Jan 27, 2011
    Messages:
    65,032
    Likes Received:
    151,106
    Makes you wonder how Bob knew nothing about this ...

    ... what with them being so close and Donald doing so much to help KLD at the club.


    'It's absolutely wonderful and a great time for the club imo.

    Sounds to me like Donald has been unable to fund his percentage and has been forced to surrender some shares ...

    ... ironically Stewart's injury, and another season out of the PL, may finish him off altogether.'
     
    #9
  10. Oliver's Army

    Oliver's Army Well-Known Member

    Joined:
    Oct 10, 2019
    Messages:
    32,299
    Likes Received:
    62,422
    I reckon it will end up 65% for KLD and 35% for Sartori at the end of the season. Donald cant afford to keep up imo.
     
    #10

  11. Brainman

    Brainman Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    1,528
    Likes Received:
    6,168
    With over 90% KLD and Sartori have complete control of everything.
    Donald is less than irrelevant. <cheers>
     
    #11
  12. rooch 3

    rooch 3 Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    18,742
    Likes Received:
    27,800
    You know the score Smug, he’ll be on next saying he knew a week ago but was told not to say anything :emoticon-0113-sleep
     
    #12
  13. Smug in Boots

    Smug in Boots Well-Known Member

    Joined:
    Jan 27, 2011
    Messages:
    65,032
    Likes Received:
    151,106
    He's now officially a laughing stock ...

    ... I'll raise a glass to his new status this evening.
     
    #13
  14. Smug in Boots

    Smug in Boots Well-Known Member

    Joined:
    Jan 27, 2011
    Messages:
    65,032
    Likes Received:
    151,106
    One of the good things about the KLD regime is that very little is known in advance. There used to be quite a bit of info swirling around and I'd get messages from quite a few people, nothing at all now.
     
    #14
  15. Prehab26

    Prehab26 Well-Known Member

    Joined:
    Sep 5, 2020
    Messages:
    13,643
    Likes Received:
    44,433
    Little is about these days. You're correct there.

    Slowly but surely Donald is getting pounded into dust.
     
    #15
  16. John Wick

    John Wick Well-Known Member

    Joined:
    Sep 2, 2020
    Messages:
    7,567
    Likes Received:
    16,692
    When was this news officially broken?
     
    #16
  17. Smug in Boots

    Smug in Boots Well-Known Member

    Joined:
    Jan 27, 2011
    Messages:
    65,032
    Likes Received:
    151,106
    I wonder if an emergency general meeting will be called by the 'RTG its NOT a takeover group' ...

    ... or will they just fade away until they can find something else to whinge about.
     
    #17
    Wes, Gil T Azell, sheepman and 2 others like this.
  18. John Wick

    John Wick Well-Known Member

    Joined:
    Sep 2, 2020
    Messages:
    7,567
    Likes Received:
    16,692
    Sometimes people have information and pass it on in good faith.Sometimes people talk s**t and make stuff up. Sometimes people pass on genuine information and are laughed at. Now I've been on here for a couple of years now and would like to think I'm someone that people can take as genuine. At 10:49am today, I was informed by someone, on here,of KLDs share purchase and that Donald would be keeping 9 percent but I was asked not to say anything, so I didn't. I've mentioned it now because it's public.
     
    #18
  19. Dave_39

    Dave_39 Well-Known Member

    Joined:
    Sep 24, 2019
    Messages:
    6,407
    Likes Received:
    11,379
    PR stunt according to be here now over the road :emoticon-0140-rofl::emoticon-0140-rofl::emoticon-0140-rofl:
     
    #19
    butcher58 likes this.
  20. Magnus

    Magnus Well-Known Member

    Joined:
    Sep 29, 2019
    Messages:
    2,503
    Likes Received:
    16,500
    just posted about this on the takeover

    the haven't just woke up this morning, seen some of the fans reaction and thought "better quickly buy some shares off stewie"

    this would of went on the a little bit
     
    #20

Share This Page