S.A.F.C. - the future

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Smug in Boots said:
It must be soul destroying for bright young lads to watch two virtually identical 'strikers' in the first team squad. Switching Graham for Wyke is puerile and playing them both pointless. If you don't believe you should start the game with them, when you need to score, what's the point of playing them together when time's running out.
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You and countless other Sunderland supporters recognise this obvious fact...

Parky apparently not, he is on record as saying we need pace up front ( no siht Sherlock, another statement of the obvious) but then buys Graham and that other bloke Aiden O'Brien WTF

Now I know he was injured a lot and may have been expensive etc. But even a half fit Watmore had more pace than any of the other 4 strikers put together.

Then of course Kimpioka, should surely be given a chance, he may well fall as it were flat on his face cannot go any worse
 
Sunderpitt said:
You and countless other Sunderland supporters recognise this obvious fact...

Parky apparently not, he is on record as saying we need pace up front ( no siht Sherlock, another statement of the obvious) but then buys Graham and that other bloke Aiden O'Brien WTF

Now I know he was injured a lot and may have been expensive etc. But even a half fit Watmore had more pace than any of the other 4 strikers put together.

Then of course Kimpioka, should surely be given a chance, he may well fall as it were flat on his face cannot go any worse
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Then of course Kimpioka scored again today I believe ...
 
Smiler said:
51% surely means you can make decisions and no-one can really do anything about them? Thought the 76% meant you could force through a complete buy out of all shares with no-one being able to do anything about it?
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%1% allows you to run the club as the major share holder making day on day decision that require a board room input from all share holders, i used to do it quarterly. The down side is you are restricted to what you can actually do, say raising finances. All share holder would be needed to be on side. &6% give you full control and it is feasible to screw the remaining share holder down so that their influence is nothing and their share capital virtually just paper if done correctly.
 
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Pure River Slut said:
He is an opportunist and is hanging around to make profit out of our club but it is undeserved because he has done a terrible job. His ego won’t allow that thought. I’m sure he is a nice enough man in many ways as most people are but his greed and ego are holding back the club I love. Even in this deal It appears. He needs to be gone and it’s a piss take that we suffer while he tries to recoup potential losses that are generally a result of his own bad practice.We need someone better with a 5 year plan to invest not a plan to cut profit and run. It was the best thing for Donald that always mattered.
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More likely he is someone who meant well, saw an opportunity and has failed. Am not sure he deserves the abuse to be fair.
 
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I think it fell down with FPP last because he wanted both the cash to sell now and a piece of the pie later on. I wouldn’t be surprised if there has been some compromise where he takes less now in return a small %.
I don’t think he’s done with football and will want another club, that would massively limit how much of Sunderland he could own. I’m not sure on what the limit is but I cant see it being more than 10%.

I could see this new investor taking 74% with the other 3 making up the rest. While they are still there on paper their input will be limited and for me it’s a takeover.
 
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Bob Cheval said:
More likely he is someone who meant well, saw an opportunity and has failed. Am not sure he deserves the abuse to be fair.
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You can make an equally strong case either way imo.

He sorted stuff out, took us to Wembley, energised the supporters.

But, tbf, the fake kidnap, Academy, Parkinson, tip the balance the other way.
 
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The Professor said:
Hello All

Just joined, been following for sometime. Followed the lads for 35 years plus & praying we get this over the line as its worst position we have ever been in, if we dont get it over the line it might be our last chance of competing again

Would like to thank all those who post ITK info & obviously take it as it was given in good faith, also considering any information could fall through.

understand there are some right tools who have a go at this info, from my point of view i hope you keep posting what you hear.

this might be more a one for GOM, but no chance am i asking it over there. Lets say SD & whoever keep a % in the club like is being put forward at the moment. surely if new investors come in & put X into the club after they have purchased shares, SD & co will have to do the same to their equivalent % or their share % will decrease.

For us to return to the PL we would have to assume a lot of money will need investing, if SD & can afford to invest part of the way i just cannot see how they have enough to continue until we as a club are worth serious money.

especially if FFP came in & wanted to start what was mentioned by Smug last year with developing the surrounding area, how could SD chip his share in? without is share % dropping to nearly zero anyway.

unless of course SD has not though about this or thinks he is going to blag along the way without chipping in? serious investors / money men will not be fooled by that

ITKs any idea how this will work from what you have heard?

cheers
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SD would only be diluted if extra investment came in the form of equity and he did not invest pro forma. In practice, what is more likely is that any new investment by a new dominant shareholder would be made in the form of a loan to the club as it ranks higher in the capital structure. Just as SD did with his second investment into Madrox .
 
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Smug in Boots said:
You can make an equally strong case either way imo.

He sorted stuff out, took us to Wembley, energised the supporters.

But, tbf, the fake kidnap, Academy, Parkinson, tip the balance the other way.
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Yes,but if the Wembley trip had been successful....as it could well have been....we had the chance...that first 30 minutes man...we should have gone in at half time 3 up.?!
I agree his reaction since has been unforgiveable! He gambled,and lost....and the covid intervened on his second attempt. He needs to cut and run.
 
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