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SD has decided to sell!!

Discussion in 'Sunderland' started by HeatonMackem, Dec 30, 2019.

  1. wtdog

    wtdog Well-Known Member

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    River wrecked the Venuzwalian (sp)economy.
    He also had a hand in upsetting people on the Gaza strip.
     
    #401
    Smug in Boots likes this.
  2. TonyG

    TonyG Well-Known Member

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    I heard that he left the heating on in Australia as well
     
    #402
  3. wtdog

    wtdog Well-Known Member

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    and a tap running in Boscombe a few years ago
     
    #403
  4. SAFCDRUM

    SAFCDRUM Well-Known Member

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    Obviously Brexit
     
    #404
  5. Blyth_bucaneer

    Blyth_bucaneer Well-Known Member

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    Well I am personally holding smug responsible for climate change. All his fault. LOL.
     
    #405
    TonyG likes this.
  6. Bank of England 2

    Bank of England 2 Well-Known Member

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    I agree with a lot that you say in your post, but it's easy to forget that he was sacked at the end of November, and had only won 5 games since 1st February. In that time, our home form was atrocious (W2,D3,L9). It's no wonder the fans were disgruntled.
     
    #406
    Repswick, SAFCY and Sunderpitt like this.
  7. SAFCY

    SAFCY Guest

    Watch a Bruce interview post a defeat and it always starts with, I’m not going to blame, referees, fixtures, injuries.

    he then goes on to blame those exact things. He also uses let’s hope a lot, implying that the interviewer is a fan of his.

    Identical conferences at all of his clubs. He’ll be sacked within 18 months and the nation will boo him off a lot more than the supposed hounding that he got at safc, which imo was limited to the final Wigan game, inside the ground

    yes he got abuse online, but that’s of no consequence, or should not be to a premier league manager
     
    #407
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  8. Repswick

    Repswick Member

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    Bit in bold is way out. He had some awful runs of results in both his full seasons here.
     
    #408
  9. HeatonMackem

    HeatonMackem Well-Known Member

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    It's about assets as well as what you say, in fact assets are usually the base value because of the potential to asset strip the company.

    Answer this: an American billionaire wants to invest and create a PL rival to NUFC. He's accepted that significant losses will have to be incurred every year until he reaches the PL. Does he buy Kittenmittens FC for £1, then build a stadium for £24m, an academy for £13m, and a squad of players for arguments sake for £3m. Total £40m (much more actually when you take inflation into account since the properties were built), then work his way up the leagues? Or does he buy SAFC, who already have all of that, for £40m?
     
    #409
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  10. Confucius

    Confucius Well-Known Member

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    the Yanks would make a fortune from us by just changing our shorts to blue with stars on. Easy win
     
    #410
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  11. Smug in Boots

    Smug in Boots Well-Known Member

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    Only won about 30 of his 100 games iirc.

    When you take away a couple of decent runs that leaves some very barren patches.

    Before he was sacked he'd won a small handful from Christmas to that point.

    He said people just couldn't wait to jump on the anti-Geordie bandwagon ....

    ... despite having been warmly welcomed and employed for over two and a half years.

    The 10th place finish, he never shuts up about, was an end of season fluke that came after a relegation battle for most of the season.

    He's a fraud who's happy to say he doesn't think much about tactics then bleats that he's never been given a top job
     
    #411
  12. RIC

    RIC Well-Known Member

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    SD not on totalsport as expected tonight then...run away run away.....
     
    #412
  13. DH4

    DH4 Well-Known Member

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    Has he bottled it? Where was this news?
     
    #413
  14. ISOE II

    ISOE II Well-Known Member

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    Twitter confirmed by Barnes.
     
    #414
  15. RIC

    RIC Well-Known Member

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  16. Kittenmittons

    Kittenmittons Well-Known Member

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    They're apples and oranges but fair enough, I'll answer.

    If he's intent on building up a premier league club, his options aren't Sunderland or nobody. They're all the other clubs in between who may have the capability to go up a division or so. If I'm an american billionaire and I want to be in the PL, the only reason I'm looking at us is the asking price might be suitably discounted, and the facilities somewhat above the teams in between.

    But against that is the huge cost of operating the club. As I said, someone coming on board today with an asking price of £0 is making a very conservative £70m+ commitment over the next 5 years. If you add on another £40m, you're effectively making that commitment 9 figures. For what? The chance that in 5 years time, we will be in a division where they will have to spend money to stay up, likely, which means their best case scenario in 5 years time may be that they've broken even and we're still in the premier league after a season. All of which is frankly, fanciful.

    It's catch 22. The bigger their investment, the more they need to recoup. Unless we're in the PL, from back to back promotions, the chances are that if they paid anything up front, they have made a hefty loss and may not be in position to even challenge for the championship.

    This is just the reality. We had a variable in our projections of 'worst case' things, and we had some of moon shot best case revenue. The answer may be somewhere in between, but at the level they're investing, it's potentially way more convoluted to be in control at the end of that and have to absorb ongoing costs.
     
    #416
  17. The Norton Cat

    The Norton Cat Well-Known Member

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    Totalsport are saying though that it was never confirmed that Donald would be on the show. He, apparently, just said that he would try and get there but had other commitments. So he hasn't pulled out.
     
    #417
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  18. Repswick

    Repswick Member

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    This is spot on. No idea how people have fell for his bullshit.
    1st dip in results ffs.
    Man is an utter chancer and blames everyone but himself.
     
    #418
  19. Smug in Boots

    Smug in Boots Well-Known Member

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    FPP know all that, and more, yet still chose to become involved ....

    .... I'm sure their advisors and solicitors know more than people on chat forums.


    The way you're talking no one would ever buy a football club, but they do.
     
    #419
  20. Smug in Boots

    Smug in Boots Well-Known Member

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    He dismisses tactics, stats and science and employs people to do the coaching ...

    ... which only leaves his belief that the power of his personality is all it takes to inspire a team.

    He's no Sir Alex ....
     
    #420

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