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Club up for sale

Discussion in 'Sunderland' started by smithy in nl, Nov 30, 2016.

  1. smithy in nl

    smithy in nl Well-Known Member

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  2. Billy Death

    Billy Death Well-Known Member

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    Worst chairman since that old bastard Cowie.
     
    #2
  3. RTB

    RTB Well-Known Member

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    #3
  4. jdsafc

    jdsafc Well-Known Member

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    Sold to the highest bidder - worrying

    At least Murray wanted to sell to the right person

    I suppose it is the world we now live in
     
    #4
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  5. Disco down under

    Disco down under Well-Known Member

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    The prospectus sounds like it's utter dogshit.
     
    #5
  6. Tel (they/them)

    Tel (they/them) Sucky’s Bailiff

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  7. RTB

    RTB Well-Known Member

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    In the Echo now.

    Sunderland owner Ellis Short is using New York-based investment bank Inner Circle Sports to tout the club to potential buyers, claims The Sun newspaper. Short is reported to want £170million for the Black Cats, who are currently bottom of the Premier League and £140million debt. The Sun report a three-page Sunderland prospectus has been produced by Inner Circle Sports, which they are sending to any interested investors, which details the assets included as part of any future sale. They include the Stadium of Light and the 60-acre Academy of Light training ground and the 180 acres adjacent to it. As previously reported by the Echo, there was initial interest earlier in the summer about a possible takeover from an overseas buyer based in the Far East but that did not materialise. The initial interest waned, with very informal discussions not progressing any further. Neither owner and chairman Short nor the club has publicly stated the club is up for sale, although as previously reported, the Echo understands that would change if the owner felt it was in the best interests of SAFC.American billionaire Short has bankrolled Sunderland since he took charge seven years ago and has since invested more than £200m of his own cash into the club.

    Read more at: http://www.sunderlandecho.com/sport...rm-touting-club-to-potential-buyers-1-8266686
     
    #7
  8. Tel (they/them)

    Tel (they/them) Sucky’s Bailiff

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    Would a £170m sale include clearing the debt?

    Not a bad price if it does.
     
    #8
  9. Sidthemackem

    Sidthemackem Newcastle United 0-1 Cambridge United
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    A potential bargain if they ever put the club on an even keel. The TV money is now so huge that being in the Prem ought to be a license to print money, as long as you run the thing decently and are prepared to speculate to accumulate.
     
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  10. monty987

    monty987 Well-Known Member

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    This should have happened in the summer, we all knew we would cop it with the signings etc , investment was needed and did not happen again. Chelsea spend £90m and look where they are, I reckon we should have been a top 6 team for the last 4 seasons and in Europe, if the right manager and players were brought in. Will the possible new owner take a gamble in January ? 3 world class players will do it for us. I would not mind relegation if we got straight back up and spent huge the following season. I hate to say it but Benitez will spend and get them back in the top 4 in a couple of seasons, he is the right manager for them.
     
    #10

  11. cumbrianmackem

    cumbrianmackem Well-Known Member

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    Bugger.....I've done all my Christmas shopping already and have nowt left, so sorry Mr Short can't help you I'm afraid.
     
    #11
  12. Tel (they/them)

    Tel (they/them) Sucky’s Bailiff

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    You would probably be top 1 Monty, if you had the right players and the right manager. <ok>
     
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  13. RTB

    RTB Well-Known Member

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    Bargain
    We need a fan buy out - £3400 per fan and it's sorted <cheers>
     
    #13
  14. Disco down under

    Disco down under Well-Known Member

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    Monty once again proves it's possible to post while you're being lobotomized by a donkey dick.
     
    #14
  15. smithy in nl

    smithy in nl Well-Known Member

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    Sorry mate I'm offshore and didn't have time to paste the whole article. My bad
     
    #15
  16. Deleted #

    Deleted # Well-Known Member

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    The most concerning part of this for me, is that it now looks nailed on that he wont be spending any money in January.

    Once he has gone, I think that hindsight will show us that he wasn't a bad chairman at all, overall. Even though, I will admit he is failing towards the end of his tenure. He has give us consecutive seasons in the Premiership and that is something most of us have never even experienced. He has also spent a hell of a lot of his own money, while here. His downfall has been the decisions he has made in appointing the people to be around him. That has been a disaster.

    Like Bob Murray, though. It's gone as far as he can take it and it's time to hand over the reigns.
     
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  17. dansafcman

    dansafcman Well-Known Member

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    Maybe, maybe not. If he wants to maximise the clubs value and find a buyer he won't want us to be relegated, cos the club would lose a lot of value. He would be better off investing 40m this janurary than seeing the club relegated and the sale value dropping to 50% of its current estimate

    **** know's what he will do if this is true
     
    #17
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  18. Tel (they/them)

    Tel (they/them) Sucky’s Bailiff

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    He'd be worse off investing £40m and getting relegated.
     
    #18
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  19. SAFCDRUM

    SAFCDRUM Well-Known Member

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    A 3 page prospectus? I read a bigger one when I was applying for Macclesfield College.
     
    #19
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  20. Nordic

    Nordic Well-Known Member

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    This is the same company involved in selling us to Ellis back in 2008.

    They've been involved in some fairly high-profile deals with other clubs, so at least we'll be represented by a proper outfit, and not some 2-bit back-alley brokerage.
     
    #20
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