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SD has decided to sell!!

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

  1. Kittenmittons

    Kittenmittons Well-Known Member

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    If he sits tight, FPP are still in play, but at least we'd be clearer on what they want and how they eventually might want to get there.

    If he really is selling (and it sounded like if we have a strong January he will try to turn things around) then yeah, I don't think FPP will be the eventual buyers.
     
    #701
  2. ISOE II

    ISOE II Well-Known Member

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    My coworkers would probably leave you for dea
    On the phone in last night (a few days after he said he was selling) he stated he was going to reach out to the other interested parties. If he was in a hurry he’d be all over them by now. He’s in no rush as he knows he can get more money down the line. So hasn't been in touch. If he has spent none of the FPP money (and fixes the lift himself) he can gamble a 500k to £1m of their money getting us up and being £5m or so richer, but only if he has the money that if it goes belly up he can still pay it back. I’d do the same. For me FPP are the only game in town. Not least due to the loan clauses. But if I was them and they were still interested I’d stick it out as he looks a desperate man. In the meantime, I hope they’re looking for a good CEO who doesn’t **** their pants when people with no power over them tell them they’re upset, as we’ll need one going forward, as we’re the world’s greatest rollercoaster.
     
    #702
  3. Nonsense Potter

    Nonsense Potter Well-Known Member

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    I'd love to know how big a disparity there is between SD's valuation and FPP's valuation. The yanks can clearly see the potential of the current situation with the club so I can't imagine they'd let that pass for the sake of a few million. It must be a massive difference, but, if that's the case, then SD must be reasonably confident that someone will agree with his valuation and pay what he's asking.
     
    #703
  4. SonOfHodge

    SonOfHodge Well-Known Member

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    Just me who thinks him being pictured at the oxford game was his final nail in the coffin, made him look a pathetic little man going into hiding once again.

    You wouldn't see Ashley do that he'd get fly in on his chopper and sit his fat arse down on a padded seat and face up the turmoil.

    I was anti Parkinson but my opinion is beginning to soften on PP. There is no way back for Donald now, anyone who is fickle enough to believe the **** he's span on BBC NCL really need to give their head a wobble. His actions today show him for the cowardly fraud he is.
     
    #704
  5. The Norton Cat

    The Norton Cat Well-Known Member

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    He's an Oxford fan. He's never made a secret of that. He's been told by two of our fanzines that our fans want him gone. Just because he owns us, doesn't mean he's obliged to go to our games. It could be construed as a big two fingers up at us but I don't see how it makes him cowardly or a fraud.
     
    #705
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  6. Ozzymac

    Ozzymac Well-Known Member

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    His son tweeted that he wasn't at the game but was in the city centre when the photo was taken. Non story i'm afraid.
     
    #706
  7. Kittenmittons

    Kittenmittons Well-Known Member

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    It won't matter if they don't want to run it or make the appointment of a CEO. For Donald to specifically say that they're not interested in doing that indicates it's not his valuation that is the issue, they may just genuinely not want to own us, just be in a flexible position in a few years time to make those decisions with preferential terms if we were doing well on the championship, for example. That is the most logical explanation for literally everything and fits with everything that has happened. People need to understand that just because they like us as a good investment, it doesn't mean they want to spend inordinate amounts of time worrying about exec appointments, managerial structure etc.

    They saw that Donald had a plan, they were happy enough that he had good logic (the biggest test, from experience, because nothing ever goes to plan, but someone with good logic can likely adjust well) and they wanted to be hands off, let it play out and then maybe do a bit more if it worked out. If not, they got every penny back. The absolute worst case was that they got the club by default and then would have to figure out all of the above for themselves. Even then, they wouldn't make a loss and could always flip it.

    I realise this may not make sense in a world where we're used to smash and grab ownership bids and mega rich owners who love the limelight, but believe me, this is a massively common mindset among very rich people. They're often totally anonymous, enjoy their time more than anything, and don't want something that takes away from either of those things.
     
    #707
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  8. ISOE II

    ISOE II Well-Known Member

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    Biggest problem for FPP being in the game now is if they thought Donald was the man for the job he’s proven he definitely isn’t through his recent actions.
     
    #708
  9. Bob Cheval

    Bob Cheval Well-Known Member

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    About £10m would be my guess.
     
    #709
  10. Nonsense Potter

    Nonsense Potter Well-Known Member

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    Really? All of the psychologists I've heard speak about the traits of people likely to be the CEO of a global business suggests that they are more than happy to work 80 hrs a week, sacrifice a large part of their family lives and relationships and are basically semi psychotic.
     
    #710
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  11. Smug in Boots

    Smug in Boots Well-Known Member

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    " ... believe me, this is a massively common mindset among very rich people. They're often totally anonymous, enjoy their time more than anything"

    That sounds like you're speaking from personal experience of a great deal of very rich people such as the FPP billionaires.
     
    #711
  12. Bigmackem

    Bigmackem Well-Known Member

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    Idiot , when their is a match on why talk about things not happening on the pitch .
     
    #712
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  13. Kittenmittons

    Kittenmittons Well-Known Member

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    It does because I am.
     
    #713
  14. Nads

    Nads Well-Known Member

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    I can’t comprehend he’s getting grief for possibly going to watch the club he supports.

    What the **** do our fans want?

    ‘**** off you’ve outstayed your welcome’ from the 3 major fans groups, so he says he will sell up, and goes to watch his own team.

    ‘what a ****/coward’. Not at all. Why the **** should t he watch the team he supports, he’s not giving SAFC money to them for the transfer window.

    Some absolute imbeciles about.
     
    #714
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  15. Kittenmittons

    Kittenmittons Well-Known Member

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    Who are they CEO of? The FPP guys. I'm speaking from personal experience and just because people enjoy their time doesn't mean they don't work extremely hard. They're often involved in myriad projects, with a relatively wide portfolio of interests that allows them ample leisure time at their own discretion. That applies to the 5 'rich beyond all comprehension' that I know very well. 4 of whom are invested in my company. You?

    The problem with sports teams in general is that because they have a group of stakeholders who are unlike normal customers (ie: us as fans) and demand action and react on a week to week basis to results, it is completely different as an investment to any other business. You don't get to wait until Q4 to make decisions, you can't pivot or shift focus etc or any other business trope, the fans will put pressure on you and it really is very different.

    I don't think the way these people have acted so far and their public profile makes me think any different. They look like passive, cautious investors. I like them, for what it's worth, but I've seen the way that type of person operates and it's not the way people think. They don't strike me as control freaks.
     
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    Last edited: Jan 4, 2020
  16. FulwellBri

    FulwellBri Well-Known Member

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    Isnt ashley an avowed spurs fan?
     
    #716
  17. FulwellBri

    FulwellBri Well-Known Member

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    I
    IF you are why not buy safc then?
     
    #717
  18. BigPete

    BigPete Well-Known Member

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    **** the monorai that's childish bollocks
     
    #718
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  19. Draig

    Draig Well-Known Member

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    <laugh><laugh><laugh><laugh> so it is, but then so am I :emoticon-0102-bigsm
     
    #719
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  20. Kittenmittons

    Kittenmittons Well-Known Member

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    I didn't say I'm super-rich, but I did think about asking them once upon a time, about a year ago when the finances of Donald became more clear. The reality is that they'd have no plan for it and wouldn't want to do it without having someone in place.

    Like I said, that's why I kind of gauge FPP the same, they seem similar, especially also being from the US. If someone says they want to do 20%, that I'd basically your cue that they want someone else to manage something.

    Anyway I've definitely said more than I normally would and I already regret it :D
     
    #720

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