S.A.F.C. - the future

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I just don't / can't believe that EITHER of them is with the EFL. definitely not both. The first question the EFL would ask is "well which one is it?"

There needs to be a preferred bidder and they need to have proved funds and they need to have done due diligence

considering there is NO WAY this crypto team can have done due diligence, considering nobody from the club has had any contact with them, there is zero chance they're with the EFL.

the other offer (if it exists) - who knows.
 
Don’t see why people are slagging Tom White, he’s a MLF and I doubt he would post bollox. If he has been told something, he probably feels he should post it.

At a guess mate it's because he's not acting like a serious journalist, he's basically passing on gossip without checking sources or facts.

The fans group - even from a quick glance at their own business plan - don't have the money to buy us, and the bloke in charge has been bankrupted by a betting company because he owed them so much from gambling.

If he's a responsible journalist he should be checking these people out before breathlessly putting it out there.

It makes you wonder who's feeding him the information and what their agenda is?
 
Just not sure why anybody else would. 39% with little say in running the club when KLD calls all the shots with 2% more. Only makes sense if its somebody who knows him very well and trust him.

In my opinion like anyway.

Exactly.

What Donald & Methven are selling has no value whatsoever.

It only becomes valuable if it's resold for a profit and the return of the due diligence, solicitors fees, etc ...

... how long could that take.

If Sunderland are relegated the share owners would be in a negative situation, around £3 million imo.
 
A very sinister thought, I kind of wish Short had just pulled the plug so this lot didn’t get their hands on us.

I did say it was a sinister thought
 
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What benefit would there be for a group to buy 39% of a business that isn't going to make any profit for the forseeable future? That only makes sense if you're already connected to the majority shareholders and are thinking long term, or, if you have the funds to buy a controlling stake in the future if you fancy it, and want to put yourself in prime position to be able to do so.
 
What benefit would there be for a group to buy 39% of a business that isn't going to make any profit for the forseeable future? That only makes sense if you're already connected to the majority shareholders and are thinking long term, or, if you have the funds to buy a controlling stake in the future if you fancy it, and want to put yourself in prime position to be able to do so.

aye - but why did KLD buy 41%? He doesn't tick any of those boxes either.
 
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