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Takeover rumours

Discussion in 'Sunderland' started by DAPARKERSAFC, Mar 22, 2018.

  1. Nordic

    Nordic Well-Known Member

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    ^ as above. Not holding out much hope what he says is correct , or even remotely accurate
     
    #241
  2. haslam

    haslam Well-Known Member

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    It's coming up for a decade since I worked in employment law as a) I'm rusty b) I guarantee the law will have changed since conservatives come in but...

    TUPE lays out the framework for which rights do and do not transfer when a company moves from one ownership to another. I think, and this is where I'm scraping the barrels of my brain, it wouldn't matter with a football club as it's usually regarding one company buying out another (or merging) and your actual employer changes (so the name of the person on your contract etc) whilst here the employer isn't changing at all. It doesn't matter who owns the company as it is it's own legal entity.
     
    #242
  3. spirit of 73

    spirit of 73 Well-Known Member

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    Thanks .Haslam but it was worth a try.
     
    #243
  4. farnboromackem

    farnboromackem Well-Known Member

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    So in layman's terms, we're stuck with the ****:emoticon-0146-punch
     
    #244
    Nordic and clockstander like this.
  5. Nads

    Nads Well-Known Member

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    1. I’m gobsmacked that we still own the Charlie Hurley Centre land. It's worthless to the club, but incredibly valuable to a developer and standard stupidity from the club to have retained it.

    2. Micky Gray is a club legend, but has no more inside info about us than Bill Cosby.

    3. Contracts are always transferable under changes of ownership of a business, so that’s not a way to get rid of Rodwell. To offer him to **** off we would have to agree with the union (the ****ing PFA), and offer this option to every contracted player. It would be like putting out a fire with a mixture of airline fuel and newspaper balls.
     
    #245
  6. DAPARKERSAFC

    DAPARKERSAFC Well-Known Member

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    Milan Mandaric is in the Hilton Hotel opposite the Stadium of Light in Sunderland, possible takeover ? @SkySportsNews

    From twitter yesterday
     
    #246
  7. Teessidemackem

    Teessidemackem Well-Known Member

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    Just checked and he's 79. He'll be dead this time next year if he takes over us.
     
    #247
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  8. DAPARKERSAFC

    DAPARKERSAFC Well-Known Member

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    There's even a picture of him sat eating his brekkie.

    Why on earth would he be sat in the Hilton on stadium way ?
     
    #248
  9. haslam

    haslam Well-Known Member

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    One thing that did occur to me today was FFP. It doesn't really affect you until the third season after you get relegated from the Premiership (as they allow heavy losses after relegation) but with relegation now to League One it means that even back-to-back promotions (which is hard to envisage) would have FFP coming in to play. The figure is an allowance of around a £13m loss per season (though averaged out over 3 seasons, so £39m) - the way things are at the moment it's easy to see that being breached a couple of years down the line. I would imagine prospective buyers would very much have this on their radar as penalties aren't fun.
     
    #249
  10. makemdan

    makemdan Well-Known Member

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    I think loopholes can be found, or at least exclusions from TUPE. I was working for Northern Crock when Virgin Money bought the company and TUPE did not apply to that buyout. As it happens the T&Cs were more favourable in some ways - e.g. pay 9% of salary to pension fund and company pays the same (snapped their hands off for this)
     
    #250

  11. Reggie the Cheddar

    Reggie the Cheddar Well-Known Member

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    I don't understand those who belittle Micky Gray, aye as a person he's a prized pleb but as a footballer he bled red and white for over 400 appearances in easily the best sides most of us will see.
    He and Allan Johnston were a pleasure to watch.
     
    #251
  12. haslam

    haslam Well-Known Member

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    He didn't belittle him did he? That might be what you're saying, I'm not sure :)

    Gray is exactly the kind of player you're missing right now and the type that someone like Honeyman (from Prudhoe) could become.
     
    #252
  13. Nads

    Nads Well-Known Member

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    I don’t think he was suggesting I did mate, think he was more agreeing with the ‘club legend’ part.

    I’ve met Micky couple times including one fantastically booze filled evening around Seaburn and he’s a funny ****er, a ****er in a good way like most of my pals. And myself, frankly. Ha.
     
    #253
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  14. Burly Hurley

    Burly Hurley Well-Known Member

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    I don't think anyone did mate.

    I love Micky Gray and the way he came back for us the season after missing that penalty.

    But I just don't think he's anymore inside on the know than anyone else.
     
    #254
  15. Reggie the Cheddar

    Reggie the Cheddar Well-Known Member

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    It was more a generalisation of the reaction Roker report got for calling him a legend.
     
    #255
  16. Best uncapped Keeper

    Best uncapped Keeper Well-Known Member

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    The report on RR indicated that one of the consortia included an ex team mate of Micky Gray and that was where he was probably getting his info
     
    #256
  17. safcyellowbelly

    safcyellowbelly Well-Known Member

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    The TUPE issue won’t work unless the club goes into administration at which point the rules change. Otherwise, as people have said the rules work to protect contact terms from one owner to another...
     
    #257

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