Serious takeover talk

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C19RK73 said:
MSD to invest (NOT take over).
This is a long term plan and means takeover could be based on a criterea that the club must achieve.

It may only be a couple of them on the board/investing instead of all three.

Don and Meth to stay on.

We are VERY near the L1 equivalent of FFP do will struggle to go wild with the squad. It will be sensible progression.

McClaren has applied but WILL NOT get the role.

As of yesterday it was all but done - must stress here it was NOT complete as of yesterday but fully expected to complete imminently.

The arrangement then essentially puts Don and Meth on trial as their every move will be scrutinised then if it materialises into a full blown takeover down the line they will have built up trust and proven themselves.
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Where have you been hiding? You just heard this news?
 
Nads said:
Issue is mate that gate receipts don’t even cover wages.

The sponsorship this year is actually the final year of the Betdaq deal, we won’t get anywhere near that now.

The Adidas kit deal is up, as are the parachute payments.

There’s pennies coming in through the TV deal as of next season, and we don’t have any saleable assets in the squad.

This isn’t negativity or defeatist, this is the very real situation that’s happening right now at the club.
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You know the 5 minutes it took you to write that in plain English that is easy to understand and a very sensible summary of the real situation.

That's 5 minutes of your life your never getting back :emoticon-0102-bigsm
 
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Chunksafc said:
Another who doesn't like the owners and isn't shy to admit it.

I am far from an expert but common sense tells me of your are looking for investment you would speak to all interested parties
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surely after speaking with 4 billionaires you wouldn't need to
 
The Berk said:
The ****as should’ve said more about this knowing how supporters were getting over excited. Today’s statement is a cop out and might as well say ‘we’re no further forward we haven’t got a pot to piss in’.
And I couldn’t give a **** if I sound like a spoilt 51 war old that been going since 1975 and had a season ticket for 30’year. Today’s update is ****.
And I’m pissed.
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You alright hun
 
Nads said:
They would to any other club in this league mate, they do not to us.

There’s maintenance on the stadium and academy, there’s academy finding itself. Payments for club website and upkeep of club owned land around the stadium.

The gate receipts are bigger than other clubs, but if they are 5-6 times higher, our costs are 8-10 times.

We aren’t quite breaking even, Methven said it, and next season we drop £35 million parachute payment, the Betdaq money and the Adidas money.

Everything about the club was set up to be funded by PL money, those costs do not drop with the status of the club.

There’s approx £50million there from parachute, kit and sponsors alone.

If we had 30,000, paying £25 a head, for 23 league games, that’s £17,250,000.

Of course, we don’t always get 30k, and season card holders and many others pay less per game.

It doesn’t help us one bit.

The clubs you mention had brilliant coaching and management. We have neither.
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I think you'll find that donald has severely trimmed the overheads pertaining to the 8-10 times figure you alluded to. He bangs on about it often enough
We will have to agree to disagree on our assessments.
 
FulwellBri said:
I think you'll find that donald has severely trimmed the overheads pertaining to the 8-10 times figure you alluded to. He bangs on about it often enough
We will have to agree to disagree on our assessments.
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He has trimmed them, I’m not disputing that.

He openly said we were ‘not quite breaking even’. He outright said that.

Then we lose £40-50 million?

Tell me mate, what’s filling that black hole? We need to be aware of this, it’s reality.
 
sheepman said:
Suspect that's a holding statement or a let us down gently statement.
Either way if it was made today its quite poor to be honest and a little condescending
Especially to end with
as things stand, they may or may not be investing in the club.
As if he wasn't really bothered either way

All the indications were that a good deal was a long way down the line to being done.
I think Something has gone on this week that has massively moved the goal posts.
They must be aware of the fans expectation that this is a big chance to turn the club around
But he's brushing it off as if its not a big deal.

Can see why some fans are getting frustrated.
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Prehab knows nothing. The bloke is a pure chancer
 
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FulwellBri said:
I think you'll find that donald has severely trimmed the overheads pertaining to the 8-10 times figure you alluded to. He bangs on about it often enough
We will have to agree to disagree on our assessments.
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Mate, it has been said so many times and confirmed by the club.

This financial year we should all being well break even IF you include the last Parachute payments.

Next year........ Well do the maths
 
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Chunksafc said:
Mate, it has been said so many times and confirmed by the club.

This financial year we should all being well break even IF you include the last Parachute payments.

Next year........ Well do the maths
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Owners literally said that word for word. We are on the line WITH the above, kit deal and sponsors.

Black and white, horses mouth.
 
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Ned Doig said:
I'm reading what Charlie has said as a bit of a holding statement.

I mentioned the other day about tapered investment and the statement in a way hints at that. It makes the most sense all round.
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Surely the interview CM gave to Luke Edwards must have taken place yesterday, at the latest.

An official club statement could still be forthcoming today.
 
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East Durham said:
Why did the Americans create FPP Sunderland if a takeover wasn't intended all along.?
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They'll still be buying shares in Sunderland and that is the vehicle that will acquire the shares, rather than the individuals.
That company is owned by the American corporation.
 
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Chunksafc said:
Why? Just because they are loaded doesnt mean other lesser loaded people offer better terms, better opportunity, more money.
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yeah but that is not what , speedy and prehabs and the rest are saying , they have said Donald has ballsed up the american deal and were now scrapping around for other investors speedy said the ones were currently talking to is nowhere near what we need .
We all hope smug is correct , and weather these other posters like Stewart or not it is irrelevant
 
Chunksafc said:
Another who doesn't like the owners and isn't shy to admit it.

I am far from an expert but common sense tells me of your are looking for investment you would speak to all interested parties
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This....and he isn't always right either.
 
joeisonfire said:
Ok I’ve heard this

MSD to invest (no takeover yet). Long term ideas for club, unsure which ones from msd are investing or if Dell is.
The Don and Meth Will be involved in some capacity. We are near the L1 equivalent of FFP so wouldn’t expect huge transfers immediately till finance review
yesterday it was all but done but a few things checked before announcing
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Need that Daffy Duck gif
 
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