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

Chinese Takeover

Discussion in 'Sunderland' started by Jack TheLad, Oct 6, 2016.

  1. Deletion Requested1

    Deletion Requested1 Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    5,226
    Likes Received:
    3,625
    <laugh><laugh>
     
    #41
  2. monty987

    monty987 Well-Known Member

    Joined:
    Jun 1, 2011
    Messages:
    8,508
    Likes Received:
    3,739
    Sorry about that then !, I make my own Chinese takeaway by the way, gan to Iceland (the shop not country) teehee, get black bean sauce, sweet and sour, pilau rice, frozen chicken pieces, noodles pan fry the lot, I use water not oil, and hey presto a concoction of colculations MMMMMMMMMM, tuck in with prawn crackers.
     
    #42
    TEL and David Moyes' Stupid Face like this.
  3. David Moyes' Stupid Face

    David Moyes' Stupid Face Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    3,438
    Likes Received:
    4,192
    <laugh> manic! Never change mate <hug>
     
    #43
  4. Lostinvegas

    Lostinvegas Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    4,031
    Likes Received:
    782
    Just landed back in the UK lads. I can't say too much on the subject with any evidence or proof. My feeling following a conversation yesterday is in the next 12 months the club will be sold and the potential buyers are Chinese.

    I could have got completely the wrong end of the stick, but I asked the question and got a cryptic answer, followed by a facial expression. Those 2 things led me to the above conclusion.
     
    #44
    Vincemac likes this.
  5. flandersmackem

    flandersmackem Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    7,253
    Likes Received:
    20,977
    If it takes the club forward...bring it on.
     
    #45
    Lostinvegas likes this.
  6. Lostinvegas

    Lostinvegas Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    4,031
    Likes Received:
    782
    Its like any business, it needs enthusiasm and investment. It's difficult for someone to invest millions if they have lost their enthusiasm for the business.
     
    #46
  7. Blunham Mackem

    Blunham Mackem Well-Known Member
    Forum Moderator

    Joined:
    Jan 28, 2011
    Messages:
    10,790
    Likes Received:
    4,922
    Can't see how things could be much worse than an owner who doesn't seem interested in investing even the bare minimum.

    The old saying about the definition of madness is doing the same thing over and over again and expecting a different result seems to be totally lost on Short.
     
    #47
    LAMackem and Billy Death like this.
  8. Billy Death

    Billy Death Well-Known Member

    Joined:
    Aug 18, 2012
    Messages:
    21,538
    Likes Received:
    6,933
    Quite agree. He has no enthusiasm for it anymore.
    It's as if he regrets even getting involved in the first place.
     
    #48
  9. Jack TheLad

    Jack TheLad Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    4,453
    Likes Received:
    2,952
  10. Bizarreknives

    Bizarreknives Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    3,679
    Likes Received:
    1,690
    • SUNDERLAND have been in contact with consortiums from China over a possible takeover.

      Owner Ellis Short will listen to offers of more than £150million for his rock-bottom Black Cats.
    • And SunSport understands business associates of the American billionaire have spoken to different Far East firms within the last month.
      Discussions with any of the possible investors are yet to have progressed past the sounding-out stage.

      And one group looking to buy an English club told SunSport they have been put off by Sunderland’s perilous Premier League position and Short’s asking price.

      But Short is certainly keen on selling to a Chinese party, having seen the likes of Aston Villa, West Brom and Wolves be bought by consortiums from the cash-rich Asian country in recent months.

    In fact, Sunderland have long been relying on Short’s cash to keep their head above water - as he himself pointed out a year ago.
    Writing in the club’s matchday programme last August, he said: “The assertion that I have been unwilling to spend money to fulfil the ambitions of the club and its fans is completely wrong.

    “I have never taken money out of the club. In fact, I have funded significant shortfalls each and every season.

    “The amount that I fund, every season, exceeds the collective total amount funded by every owner the club has ever had.

    Got to be careful what you wish for sometimes. I'd absolutely love it if some mega wealthy Chinese group bought us and ploughed money into the club, but on the flip side look at Blackburn.
     
    #50
    Last edited: Oct 18, 2016

  11. rooch 3

    rooch 3 Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    18,744
    Likes Received:
    27,803
    :emoticon-0119-puke:
     
    #51
  12. Tel (they/them)

    Tel (they/them) Sucky’s Bailiff

    Joined:
    May 11, 2011
    Messages:
    61,295
    Likes Received:
    55,496
    How much did he pay to acquire Sunderland?

    WBA were recently bought for £175m so £150m is about right, drop into the Championship and you can scrap that valuation, Villa sold for £75m.
     
    #52
  13. Vincemac

    Vincemac Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    17,966
    Likes Received:
    16,665
    Hurry up
     
    #53
  14. Neil

    Neil Well-Known Member

    Joined:
    Jan 27, 2011
    Messages:
    1,183
    Likes Received:
    1,432
    Apparently he bought us for £20 million, but he's also sunk £200 million into the club.
     
    #54
    red&white wanderer and TEL like this.
  15. Billy Death

    Billy Death Well-Known Member

    Joined:
    Aug 18, 2012
    Messages:
    21,538
    Likes Received:
    6,933
    My sangs ay.
     
    #55
  16. marcusblackcat

    marcusblackcat SAFC Sheriff
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    27,763
    Likes Received:
    30,826
    Only 7 teams have "nett spent" more than we have over the past 5 seasons - so he's invested more than 12 others have - (In order) Man City, Man Utd, Chelsea, Arsenal, West Ham, Liverpool, Leicester then us!

    Not sure how to read it though - he has undoubtedly thrown money at the club - Maybe this is why he's not investing as heavily as we all want him to (Not saying I disagree with you Blunham - just a lack of investment would mean he hasn't spent when, looking at the table, he has) 73 million nett over the last 5 seasons

    http://www.transferleague.co.uk/pre...tables/premier-league-table-last-five-seasons

    Think our biggest problem is we look at what teams like Palace are spending and say "Why can't we?" (completely valid question to which I can only think the answer is wages) - @Bri OBE said something about Ellis Short's role in the FFP to do with wages which means he is unable to flout the rules - Sorry if I got the wrong end of the stick when you mentioned that but it was ages ago Bri so you'll have to re-enlighten me!)

    All in all - I have no idea! What exactly happens to this apparent massive TV money windfall we get every season - apparently £71.7m for last season?
     
    #56
  17. David Moyes' Stupid Face

    David Moyes' Stupid Face Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    3,438
    Likes Received:
    4,192
    Our wage bill is (or has been) ridiculous by all accounts. I think playing staff wages have eaten up 80% or so (may have misremembered that figure but it was high) of our income, that's before you consider stadium upkeep, non-playing staff wages, etc.

    I personally don't understand the "Ellis is a tight arse" line - even this summer just gone, we had the 10th highest net spend in the Prem. You can blame him for appointing the wrong backroom staff / board of directors, but it's wrong to say he's refused to spend imo. What guarantee is there that some rich foreign owner will get his backroom appointments spot on? Look at Cardiff, QPR, etc. It's a risk.
     
    #57
    red&white wanderer likes this.
  18. Tel (they/them)

    Tel (they/them) Sucky’s Bailiff

    Joined:
    May 11, 2011
    Messages:
    61,295
    Likes Received:
    55,496
    The problem is mate, in my view, Ellis Short knows what's needed to get you out of the relegation 'hole' you consistently find yourselves in. You need players, whether that costs you £10m or £100m is up to your scouts, staff in charge of doing deals and your owner, but to only half fix the problem is pointless, he might as well just throw nothing at it and stop delaying the inevitable.

    You can't go at things half-hearted in this league, you'll get eaten alive, you're seeing it now unfold in front of you, your luck is bound to run out, just like Wigan's did and Villa's did.
     
    #58
    Brian Storm likes this.
  19. The Norton Cat

    The Norton Cat Well-Known Member

    Joined:
    Oct 8, 2015
    Messages:
    8,181
    Likes Received:
    15,883
    He's definitely spent but he's spent a lot of it badly. He may have consistently pumped money in to keep us afloat but if he and his advisers/staff had spent better on players and managerial appointments he may not have had to have pumped that money into the same extent. The money wasted on dross is in ironic contrast to the reluctance to shell out for M'Vila.
    He never appears to have fully understood what he was getting into and now that's become apparent to him, he's lost interest. That, to me, is the attitude of a man lacking character and intelligence.
     
    #59
    grandpops and Makemstine Roger like this.
  20. Blind Corner

    Blind Corner Active Member

    Joined:
    Jan 27, 2011
    Messages:
    736
    Likes Received:
    186
    Does this mean that we will sign those two new strikers, Wee Won Wonce and How Long Since ?
     
    #60

Share This Page