S.A.F.C. - the future

  • Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
  • Log in now to remove adverts - no adverts at all to registered members!
Northumberland Rocks said:
Fair enough mate.

Like I say Im of the opinion that I don't begrudge them a little profit given the time they put in particularly in the early days and the mess they encounted with players contracts etc. However, any profit should be related to what actually monies they have put in and not the £37m figure which covers parachute payments and Mr Short's generosity etc etc.

SD and CM need to be realistic and sensible particularly in the current climate for the good of themselves not to mention the Club and the fans. If they think things are bad now if another takeover/investment falls through it is going to get toxic.

For the good of everybody and most importantly the Club the ownership needs sorting now so we can galvinise and get out of this division. Another season in Div 3 for SAFC does not bare thinking about.
Click to expand...

I agree mate, the only thing is that the atmosphere towards then now is toxic, another failed takeover or investment with those two still in charge would turn it bloody radioactive!

I could be wrong but I doubt that either of them are so pig headed, arrogant, unaware and naive to not to be able to see that. Get a fairly decent deal then get out, it's the only way forward
 
  • Like
Reactions: DH4, samwise_new, Northumberland Rocks and 2 others
Flatheed said:
Don’t be surprised to see everyone involved currently still involved to a greater or lesser extent.
Click to expand...
To be fair Magnus has intimated that some of the existing shareholders will remain in place. I have no issue in them keeping a couple of percent each if that means the purchase price is reduced and therefore there is more capital available for investment going forward.
 
  • Like
Reactions: sheepman
Drumburgh1 said:
To be fair Magnus has intimated that some of the existing shareholders will remain in place. I have no issue in them keeping a couple of percent each if that means the purchase price is reduced and therefore there is more capital available for investment going forward.
Click to expand...

I’m not speculating by the way :emoticon-0148-yes:
 
  • Like
Reactions: Drumburgh1
Guy Incognito said:
I agree mate, the only thing is that the atmosphere towards then now is toxic, another failed takeover or investment with those two still in charge would turn it bloody radioactive!

I could be wrong but I doubt that either of them are so pig headed, arrogant, unaware and naive to not to be able to see that. Get a fairly decent deal then get out, it's the only way forward
Click to expand...
Aye.

Hopefully Magnus is right and its all done bar the shouting. If ever a group of supporters in the history of football deserve a break its us. :-)
 
  • Like
Reactions: Rhinos Legend, cumbrianmackem and Mackem49000
Guinness Guzzler said:
Agreed. I understand people wanting him gone, in an ideal world I'd want that as well. Ultimately though my main concern is seeing Sunderland have a chance again. If him keeping a small share holding helps the club get taken over by serious people who can help us progress and who have a plan to take us back to the top flight then, as long as he has **** all say in the running of the club, I don't really care.
Click to expand...
I’d prefer someone strong who says give me your shares you irrelevant greedy egotistical little lying arsehole and **** off somewhere else.
 
  • Like
Reactions: Pirate and Guinness Guzzler
Magnus said:
I got a message last night was unsure to post it but, a little snippet from it

The only thing left to do is to sort out if Donald will be left with anything
.everything else is sorted and done

take it with a pinch of salt,
Don’t believe it , believe it, it’s all up to youse
Click to expand...
Thanks for the update marra.

If Donald keeps 10% of £35m and they then invest say £50m in team strengthening, surely Donald will have to match or see his 10% diluted further?
 
  • Like
Reactions: Bank of England 2, Arcland, Young Ted and 2 others
Blond Bombshell said:
Thanks for the update marra.

If Donald keeps 10% of £35m and they then invest say £50m in team strengthening, surely Donald will have to match or see his 10% diluted further?
Click to expand...

Yeah. A shares rights issue could do that. It would see everyone rebuying their share holding at and agreed price for the club, say £35 million, where the money could be reinvested in team strengthening, if you don't buy your shares back other people can buy them off you. I think it's how Murray managed to get McBastardly to lose his shares back in the late 80s.
 
  • Like
Reactions: Blond Bombshell
Magnus said:
I got a message last night was unsure to post it but, a little snippet from it

The only thing left to do is to sort out if Donald will be left with anything
.everything else is sorted and done

take it with a pinch of salt,
Don’t believe it , believe it, it’s all up to youse
Click to expand...
Seriously? So the only thing left is essentially everything seeing as Donald owns the club? Mate, surely you have to be doubting the legitimacy of your source if you're being fed that as info. No offence, I'm sure you are passing it on in good faith. We're all frustrated with current state of affairs.
 
From The Daily Record


Bankrupt former England star fronted failed multi-million pound football club takeover
Former Blackburn, Leeds, Wolves and Celtic defender Michael Gray was the public face of a failed buyout of his old club Sunderland where he made his name as a playe
Former Sunderland, Blackburn, Leeds, Wolves and Celtic star Michael Gray fronted a multi-million pound football club takeover despite being bankrupt.

The player-turned-pundit was the public face of a failed buyout of English giants Sunderland during the summer.
The ex-England international took on the role even though he went bust only months earlier, owing the taxman nearly £70,000 from earnings amassed as a TV and radio expert
Official documents show he’s forbidden from running or even promoting a company without the permission of a court until 2024.
 
  • Like
Reactions: Makemstine Roger, Guy Incognito, C19RK73 and 1 other person
Was Silent said:
From The Daily Record


Bankrupt former England star fronted failed multi-million pound football club takeover
Former Blackburn, Leeds, Wolves and Celtic defender Michael Gray was the public face of a failed buyout of his old club Sunderland where he made his name as a playe
Former Sunderland, Blackburn, Leeds, Wolves and Celtic star Michael Gray fronted a multi-million pound football club takeover despite being bankrupt.

The player-turned-pundit was the public face of a failed buyout of English giants Sunderland during the summer.
The ex-England international took on the role even though he went bust only months earlier, owing the taxman nearly £70,000 from earnings amassed as a TV and radio expert
Official documents show he’s forbidden from running or even promoting a company without the permission of a court until 2024.
Click to expand...
Well that's him ruled out then?
 
You must log in or register to reply here.
Top Bottom
Back