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Take over bid

Discussion in 'Sunderland' started by Vincemac, Mar 3, 2019.

  1. Vincemac

    Vincemac Well-Known Member

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    Report: Sunderland braced for takeover bids; keen party attend game
    n the near future.

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    Less than a year after buying the club from Ellis Short, Stewart Donald's time as Sunderland owner could be edging towards a conclusion, with a report from The Sun on Sunday (3/3; page 61) suggesting that the Black Cats are bracing themselves for takeover bids.

    Donald has brought a lot of stability to the Stadium of Light, and Jack Ross's men now have a fantastic chance of making their stay in League One a very brief one, with Sunderland two points off an automatic-promotion spot with a game in hand.

    KEPA IS A DISGRACE

     
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  2. Nacho

    Nacho Well-Known Member

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    Not something I'd welcome as I want Donald and Methven around long term and they've only been here ten minutes, however I'm sure that when the time comes they'll sell to the right person. Not sure what it would mean for Sartori, we want him to stay but it might be no Donald no Sartori.

    Ps Kepa is a disgrace.
     
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  3. Nads

    Nads Well-Known Member

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    There will be people interested, the club now is very attractive, always had the facilities and potential but the £150million black hole was a killer.

    My preference is things go as planned, with Donald and Methven involved and Sartori coming in to enhance the finances when appropriate.

    We would struggle to get folk running the club who have a **** like these we have, and that is golden.

    They may not have all the money in the world, but I present to you Bournemouth. We ain’t going chasing City and Liverpool, ever, but we can have a club to be very proud of regardless.
     
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  4. clockstander

    clockstander Well-Known Member

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    Football stinks.
     
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  5. Nads

    Nads Well-Known Member

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    They seem to be gathering pace these stories mind, a short look around suggests Chinese and American interest.

    That said, as everywhere recycles stories a rumour spreading means **** all nowadays.
     
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  6. cumbrianmackem

    cumbrianmackem Well-Known Member

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    It's been rumoured for years that Newcastle are about to be taken over and thats been a load of bollocks and this rumour could be exactly the same.
     
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  7. dansafcman

    dansafcman Well-Known Member

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  8. ImissedShack

    ImissedShack Active Member

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    North Korea Interest
    As you are aware we now have a North Korean branch of supporters and it is rumoured that Kim Yong-un is proposing to take a 50% equity stake in exchange for a 10% share of his Uranium enrichment plants.
     
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  9. arthur

    arthur Active Member

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    Sounds like a good deal,if he can afford it.
     
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  10. Jack TheLad

    Jack TheLad Well-Known Member

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    Thing is, in relative terms Donald isn't exactly in the same league as the majority of owners of the bigger clubs.

    I've no doubt he saw us as a business preposition as well the on field potential.

    I wouldn't welcome this, not for the foreseeable anyway
     
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  11. Expat-Cat

    Expat-Cat Well-Known Member

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    Would give us some interesting options in defence.

    Off to check the "Laws of the Game"...
     
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  12. polyphemus

    polyphemus Well-Known Member

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    Take a reality check Gentleman.

    Our present set up means that The Premier League looks unsustainable, perhaps even unattainable.
    The current owners just don't have the financial clout although I have no hard information about the South American interest, to date there has been no obvious sign of intent to 'splash the cash'.

    And to justify my point I quote Wolves.
    They have apparently announced (according to BBC Teletext), that last year, when they were promoted from The Championship, they lost over £1 million pounds A WEEK.
    That's what their promotion cost.
    In a years time we might find out how much staying up cost.

    Short, with his 'meagre' £3 Billion or so, couldn't afford us.

    But if some multi billionaire out there is looking to build himself/herself, Legend Status, at least in this neck of the woods, LETS ALL WELLCOME THEM IN.
     
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  13. E.T. Fairfax

    E.T. Fairfax Well-Known Member

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    Theres no getting away from the fact that Donald took us on in the hope that he would create stability which would entice a richer chap to buy him out at a profit.
     
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    Last edited: Mar 7, 2019
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  14. The Norton Cat

    The Norton Cat Well-Known Member

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    The current owners have stated though that they envisage the club being run along sustainable lines and have identified Borussia Dortmund as a model on which to base that. Wolves are operating on a completely different plane to that. Their Chinese owners, according to the BBC, were motivated by a deliberate Chinese government policy to see more Chinese investment in European Football (see also the Milan clubs) and their policy, aided by an association with super agent Jorge Mendes, has been to bring in players from big European (especially Portuguese clubs) teams on big money. With a sensible business model, it should be possible to make the club competitive without spending money like Wolves have.
     
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  15. Nads

    Nads Well-Known Member

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    I don’t think anyone expects the owners to stay forever mate, but they are perfect for right now and haven’t just stabilised the club financially, they’ve effectively ‘given it back’ to many of us.

    I have very few great pleasures in life, I like my cars, I’ve always been a bit of a womaniser and I’ve always had SAFC. Ups, downs, highs, lows, it was part of my soul from a very young age and dominated my life.

    For 2-3 years I lost that, going to games was robotic and felt like a chore or a duty, I wasn’t convinced that would ever return giving me being into my 30’s, but almost overnight these fellas did it.

    They understood us, they listened to us, and they gave us all they could and to date have delivered on everything.

    Absolutely we need more investment, but the pair are open that they are constantly working towards that. The ideal scenario for me is that they retain a stake and stay involved as they have been a blessing from the heavens. They have driven a total rebirth of a club that was at deaths door.

    Wolves may have spent a million a week, but Huddersfield, Bournemouth, Brighton, Palace and Newcastle certainly haven’t.

    I love the club again and I buzz off it, I count down days to games again, I read everything I can find about the club.

    Yes, I want ya back in the PL and absolutely there will need to be a massive change at the top, but I don’t want Don and Charlie to be a memory, I want them involved all the way if it’s plausible.
     
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  16. Saf

    Saf Not606 Godfather+NOT606 Poster of the year 2023

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    I don't see how we would be unsustainable. It was player wages and the way deals were structured which was our downfall.

    We are already achieving 30k plus in league one. That will only rise. With these owners and momentum, we'd be pulling in 45k plus, every game. That with the TV money and some shrewd deals. I think we'd be okay.

    The owners shouldn't even be thinking about that yet. They've achieved nothing, so far. Once we get promoted and look like a potential promotion team, in the Championship, I think that will be the time to look to bring investment on board. If required.
     
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  17. jdsafc

    jdsafc Well-Known Member

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    I don't understand why people think there is a perfect correlation between the owners' wealth and the wealth of the club.

    The owner may support the cash flow of club in the short term, but they become secured creditors within the Club's finances, and are eventually repaid.

    When they acquire a football cub they don't assign their personal wealth to the football club.

    Granted, there are clubs like Man City where the owner is bankrolling activities, but there are plenty of clubs where the club is skint and the wealthy owner chooses not to financially support the club
     
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  18. dansafcman

    dansafcman Well-Known Member

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    I don't think any reality check is needed mate.

    Does Donald have the money to bank roll us? No. But do we want an owner who will do that, putting us back into debt? No (at least I don't)
    For the next few years at least we need to focus on a sustainable business model. Spend and invest what we have, and use the full potential of our world class academy.

    I'd hope Donald and Charlie (and Juan) would be the ones to do that.
     
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  19. Brian Storm

    Brian Storm Well-Known Member

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    Fact is grow a club properly then an owner could have a tenner in his bank or a billion. Personal wealth will be irrelevant.

    Sent from my Moto G (5) using Tapatalk
     
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  20. jdsafc

    jdsafc Well-Known Member

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    That’s what I was saying, but a lot more succinctly put
     
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