Apparently half the Chinese restaurants in Sunderland are clubbing together to Buy Sunderland. £150 + Chicken in Peking spicy sauce with chips (cheese optional) and gravy- DELIVERED. The deal is close people..... https://www.thesun.co.uk/sport/foot...ese-consortium-over-possible-150m-buyout-bid/ Ellis is doing the right thing trying to hawk the club around China as the value will surely plummet should they drop down a division. £150m seems a little on the cheap side mind..... Not sure as a fan I'd want some random consortium from China taking control of my club. These type of things don't always end well.
Further details of the investors have now emerged...... #highstakes https://www.google.co.uk/?gws_rd=ssl#q=chinese restaurants in sunderland
But they will earn that in a year from Sky alone so it is only 1 x earnings. As a baseline for company acquisitions a lot of firms work on 2.5-3 x annual revenue so I'd price the Mackems at £300m+
Unfortunately for Elis Short if he wants to use the earnings method for valuing his business then it's based on profits not turnover
you guys are forgetting there's a lot going for it such as.. erm... erm... the sea and.. erm.. oh.. it's my lunch time... see you later.
The Chinese have been mis-sold. They thought the name really meant the land of the Sun, not Sunny D land.
They've moved in next door to me because the free delivery was killing their business. They had tried to claim that I wasn't in the 2 mile radius for free delivery until I pointed out that half of me was.
It does make sense for Sunderland to be in talks with the Chinese. I think "wheeze keez are theez keyz" works fine with an oriental accent.
The rumour is that they're planning to dismantle the club and bring it to China, with the aim of reverse engineering it and producing thousands of awful football clubs at knock-down prices.
Q: What do you call a Chinese Billionaire? A: Cha Ching! Everything is made in China. Except for babies, they're made in VaChina. Q: What do you call a Chinese rapist? A: Rai Ping Yu Q: What do you call a Chinese Paralympian? A: Lim Ping. Q: What do the Chinese do during erections? A: They vote. I was in a chinese restaurant the other day and I called the waiter over to tell him "This chicken is rubbery" He said "Oh thank you very much" What do you call a female police officer with short pubes? ****stubble These are all courtesy of ever so slightly racist Obi, bar the last one which is mine, has no relevance, just like killing Jurgen.
Has Short published a public email address for everyone to write to with offers? It's a good move y'know, just ask Mike Ashley.
