Taken from a post on RTG: Same source who informed me about Rangers in 2011 going bust a year before they did, has told me that the AOL has been offered to two organisations that he does business with for between £3.5 to £3.8m. The source is not even an SAFC fan. Purchasers are stalling because there is apparently a clause that if Sunderland make it back to the Prem within 5 years they can buy it back. It's a futures investment, therefore nothing can be done with the land for 5 years. Just the messenger! If true, these clowns cannot leave town a moment too soon! https://www.readytogo.net/smb/threads/academy-of-light.1522123/#post-31941638 Wouldnt be surprised if true...
I can believe it. Scary stuff. What's it going to take for Donald to realise he can't afford to run the club, when the bailiffs turn up at his house?
There must be a few rich fans out there who can put a consortium together to stop these bastards ****ing us over any more than they already have. If this is true, we are lost.
Absolute bullshit. FPP have a hold on it, and if I recall correctly the council partially gifted the land to the club. You can spot bullshit by a random line like ‘the source isn’t even an SAFC fan’ or ‘they told me about some other ****e several years ago’. It wouldn’t be worth £3million plus to any ****er anyway, we all know you can’t build on the land, the club had hell on getting the facilities through and had to massively rescue the scale, that land isn’t valuable to anyone but SAFC, unless some super rich ****er has no home for about 300 horses.
Jim says it’s not https://www.sunderlandecho.com/spor...tus-and-discusses-replacing-paul-reid-2901155