Sunderland AFC today confirms Kyril Louis-Dreyfus has increased his shareholding in the Club. Mr Louis-Dreyfus has increased his stake to 58%, with Juan Sartori increasing his shareholding to 33%. The acquisition has been made through the purchase of shares previously held by Stewart Donald, who has reduced his stake to 9%. SAFC’s Board of Directors and governance remains unchanged. 17th March 2023 - SAFC
For most fans, this can only be seen as a welcome move and a significant vote of confidence by Mr Dreyfus in his plans for SAFC. However, it will be interesting to see how long before someone sees some ulterior motive in this move?
Be interesting to know how much KLD and Satori paid for the shares, not that we will ever find out. Just wonder if Donald is finding it expensive to fund his share of costs. Edit - Just a thought, wonder if the sale of shares is to meet Donald's liabilities
Always thought the long game would squeeze him out. The more we spend on transfers, the more it would cost him. Now only has to put 9% of a transfer in, which is probably affordable till we get in the prem. His remaining stake will be worth more at that point though, so will be a case of who blinks first.
I thought SD still has a massive say on how the club is run, and invests £millions.....I read it on here.
Makes you wonder how Bob knew nothing about this ... ... what with them being so close and Donald doing so much to help KLD at the club. 'It's absolutely wonderful and a great time for the club imo. Sounds to me like Donald has been unable to fund his percentage and has been forced to surrender some shares ... ... ironically Stewart's injury, and another season out of the PL, may finish him off altogether.'
I reckon it will end up 65% for KLD and 35% for Sartori at the end of the season. Donald cant afford to keep up imo.
One of the good things about the KLD regime is that very little is known in advance. There used to be quite a bit of info swirling around and I'd get messages from quite a few people, nothing at all now.
Little is about these days. You're correct there. Slowly but surely Donald is getting pounded into dust.
I wonder if an emergency general meeting will be called by the 'RTG its NOT a takeover group' ... ... or will they just fade away until they can find something else to whinge about.
Sometimes people have information and pass it on in good faith.Sometimes people talk s**t and make stuff up. Sometimes people pass on genuine information and are laughed at. Now I've been on here for a couple of years now and would like to think I'm someone that people can take as genuine. At 10:49am today, I was informed by someone, on here,of KLDs share purchase and that Donald would be keeping 9 percent but I was asked not to say anything, so I didn't. I've mentioned it now because it's public.
just posted about this on the takeover the haven't just woke up this morning, seen some of the fans reaction and thought "better quickly buy some shares off stewie" this would of went on the a little bit