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FPP to take full control

Discussion in 'Sunderland' started by Whiteleas Wanderer, Jan 19, 2020.

  1. Seb’s right peg

    Seb’s right peg Well-Known Member

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    Bob is saying over the road a German takeover has happened, allegedly.
     
    #981
  2. Gordon Armstrong

    Gordon Armstrong Just another S.A.F.C. fan
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    Scenario . . . . The Skunk fakeover becomes a takeover, by (very)dodgy Arabs (or whoever's turn to pull wool over Skunk eyes it is this time), therefore Fat Mike gets what he's wanted for years. It's him that wants to buy S.A.F.C. 'cos of the ginormous potential here that there obviously isn't at The Scrapyard at NE1 4ST ('cos at £40mc S.A.F.C. is, comparatively speaking, a bargain) :emoticon-0148-yes:

    In a few years we reach our potential (or even close to it) where we've won trophies and we love him, and, contrastingly, The Skunks have had a bit of what we've had to put up with 'cos they hounded out Fat Mike and their new owner is much worse than he was . . . . I'd have a bit of that :emoticon-0100-smile

    p.s. does anybody want to know what I've been drinking :emoticon-0168-drink
     
    #982
  3. Kittenmittons

    Kittenmittons Well-Known Member

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    Yeah I said above, LLP should have been the giveaway <laugh>
     
    #983
  4. FulwellBri

    FulwellBri Well-Known Member

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    So you'd be happy if it is a consortium led by the likes of Campbell??
    He is a land and property developer..nothing else.
    He chases football clubs especially old clubs not doing so well that have land assets.
    He is a modern day business viking
    Even Falkirk didnt like the stench emanating from him. If there is a club that needed money it is falkirk.
    Be like giving bernie madoff power of attorney over your pension.
    For a man who seems to have some nous about finance, business ethics etc I am utterly astounded you wouldnt mind who it is.
     
    #984
  5. Kittenmittons

    Kittenmittons Well-Known Member

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    No I give a ****, I'm just saying I would have been happy with Donald staying or if he sells to someone else, I ain't going to pre-judge them. It was more a case of don't be too despondent about FPP.
     
    #985
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  6. The Norton Cat

    The Norton Cat Well-Known Member

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    But what makes FPP the perfect owners? We just don't know if they would be. If they don't take over it could be someone worse, it could be someone better. We don't know, which is the point that is being made.
     
    #986
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  7. FulwellBri

    FulwellBri Well-Known Member

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    So which of the big clubs had owners that had a background in football before they took over the clubs they now earn
    Liverpool, arsenal and united are owned by yanks. Chelsea a russian, city owned by arabs. Spurs owned by joe Louis.
    The only club I recall that was owned by a football man was wigan...that went well.
    This football knowledge is a crock.
    We need hard headed businessmen owning and running the club and watching every penny.
    When snq ( a bona fide football man ) was CEO we wasted some serious money and he allowed keane to buy some awful crap.
    By the time he handed over fully to short there was over 60m in debt.
     
    #987
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  8. FulwellBri

    FulwellBri Well-Known Member

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    T
    THank god for that. Thought you had taken leave of your senses.
     
    #988
  9. The Norton Cat

    The Norton Cat Well-Known Member

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    Like I have described in later posts, FPP are American and therefore come from a society in which football isn't a major sport, or at least wasn't in their formative years. They are, therefore, likely to be less familiar with the culture of English football and this gives them an immediate hurdle to overcome. Someone from a 'football culture' (such as Abramovich, Rybolovlev etc etc) might have less trouble adapting.

    The point I was making, as I have been all the way the through, FPP being extremely rich, doesn't automatically make them the perfect owners. Neither does their experience in other businesses (a point which you have yourself made, with regard to Mark Campbell). And, therefore, the possibility that they might no longer be interested doesn't particularly disappointment me.

    The possibility remains that there might be someone better out there e.g. a billionaire with a football background such as Dmitri Rybolovlev.
     
    #989
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  10. Lozza80

    Lozza80 Well-Known Member

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    no he hasn't , it was me basically saying that madbob knows jackshit , he was adamant that the Germans were taking over 2 years ago it was 100% done he got that wrong . Now he is saying that he told everyone 3 weeks ago that it wouldn't be fpp taking over the club , my point was that he has so many things wrong in the past i'm surprised people give him the time of day day when it comes to itk
     
    #990
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  11. Seb’s right peg

    Seb’s right peg Well-Known Member

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    My bad :emoticon-0102-bigsm must have missed that!
     
    #991
  12. Lozza80

    Lozza80 Well-Known Member

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    i take anything he says with a pinch of salt
     
    #992
  13. Seb’s right peg

    Seb’s right peg Well-Known Member

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    I take most things anyone says over there with a pinch of salt. you can't post anything over there without someone trying to wind you up or have a go at you for having a different opinion.
     
    #993
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  14. MES

    MES Member

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    I would happily have Fat Mike here. At least he knows how to run a football club, the mags are just too thick to recognise this
     
    #994
  15. Vincemac

    Vincemac Well-Known Member

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    I don’t disbelieve what you are saying
    However Donald quoted
    If the Americans take over we meaning him and his team would run the club
     
    #995
  16. FulwellBri

    FulwellBri Well-Known Member

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    Mad Bob is a doddery old f9rt who lives in the past and has an addiction to attention seeking.
    He glories in being an irrelevant associate of the vauxies gang back in the day when flares and Cuban heels were the go
     
    #996
  17. Kittenmittons

    Kittenmittons Well-Known Member

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    Exactly what Norton said.
    Yeah this is a good post too. I think they know that all of this is true tbh, as the best business people tend to appreciate how many endeavours fail and how few succeed to their projected degree.

    A lot of people have talked about them as a sure thing, or as close to sure as you can get. They'll be painfully aware that this is not the case. I reckon they have looked at Short's mammoth investment (dwarfed by the amounts spent by other clubs at the top), his ultimate failure both financially and sporting, and been fully aware that money doesn't equal success unless it is accompanied by the best appointments to administer it.

    That's ultimately why I think Donald's explanation has always made sense. They are/were dipping a toe in the water, it is/was fine for them to get involed to the degree of loaning money with an option to come on board gradually. but buying us out means appointing a good CEO (which they are as you say, not necessarily qualified to evaluate in this specific industry) and monitoring performance and understanding the business to a relatively high degree. It's a drain on their time as much as anything, whereas a gradual one would allow them the luxury of gaining that knowledge over years and then diving in and making more hands-on decisions if/when they bought a majority stake.
     
    #997
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  18. Kittenmittons

    Kittenmittons Well-Known Member

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    Yep, and Donald's quote made perfect sense given the structure of the loan/investment effectively meant they could walk away with no loss if he was a charlatan, or come on board further if he was good. Far better than them jumping in and hoping their next CEO knows how to get us out of L1, Championship and up the Premier League. There are probably 2-3 execs in the whole football world who can say that with any credibility.
     
    #998
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  19. The Norton Cat

    The Norton Cat Well-Known Member

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    Don't get me wrong, I'd be pleased if they did takeover. I just don't believe that they are our only hope. Like you say, its potentially a big leap into the unknown for them. Their experience in American sport doesn't really mean much as the associated cultures and systems aren't really comparable. This could be a handicap for them. On the other hand, they might nail it straight away.
     
    #999
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  20. Somebodys pinched my sombrero

    Somebodys pinched my sombrero Well-Known Member

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    What a load of ****e!
    Yes, he’s got us financially stable, but the bloke is an absolute car crash. £40m he paid for Joelinton? Aye, right.
    Dennis Wise buying players for Keegan?
    Sports Direct arena?
    Joe Kinnear? (twice)
    Too thick to recognise ffs <doh>
     
    #1000

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