Serious takeover talk

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And that’s why I’m struggling with those critical of it not being a takeover. I’m taking a huge investment as a positive and giving credit to those who have attracted it. Again, unless proven wrong I can’t see this being a stick to beat them with.
There is one who has not been seen today but he is the only who is not active :emoticon-0136-giggl
 
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Everybody should be pulling together and happy now man!

Looking forward to the match at weekend hopefully its a big crowd and good atmosphere!

Need a chant for the yanks!
This needs everyone to join in

Haway the lads
Haway the lads
Haway the lads
Haway

And repeat until everyone is bored of auld lang syne
 
Thanks mate and thanks to everyone else who's commented.

My pleasure isn't for me, it's for all the great Sunderland supporters who deserve this ....

... let's hope this is the start of a great new era for the club.

I've decided to celebrate by walking down to the village, with Mrs Smug, and drink Guinness.

I don't usually drink Guinness but it was at the home of Louisa Guinness, the wife of Ben Brown, where I saw first hand evidence of what I still believe is the takeover.

I was shown a WhatsApp message from Glen Fuhrman confirming he was buying the club.

So I've been sitting back and laughing in the face of all those people who've said it wouldn't happen ...

... now I'm sitting back with my Guinness hoping everyone is having their own party in their own way <party>
Enjoy the Guinness. I’m enjoy a nice Glenkinnchie single malt. Cheers Nev.
 
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It's cans time as the reality sinks in that 3 billionaires are now involved in the club with a 4th in the background.

Oh my ****ing days
 
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If even that.

Well we have 4 investors with Sartori and the 3 yanks- surely that is good news and good work in 16 months for Donald- will we actually see any difference to the training ground, stadium or scouting, who knows? This news didnt even make SSN yellow ticket so i guess its as low key as it feels- i would expect some action once promoted in 2021
 
How can it be anything other than positive?

Seems to me that SD/CM have persuaded a business which is globally successful and which has resources which are virtually limitless (the Forbes list rank Michael Dell as the 39th richest man on the planet - down from 12th in 2006!) to invest c.£10m in a third tier English football club which has won nothing for decades and suffered 2 relegations in the last 3 years...

I can`t pretend that I know anything more than is available on open sources about Dell, Fuhrman, Phelan (or the other one) but they are serious players in the world of finance - have a look at the MSD Capital web-site. These are people who stake their reputation on (and make their money from) long-term capital appreciation [they must do as it says so on the web-site!].

To get a return on the £10m they`ll need to stick around and that will require future investment. I guess they`ll have figured that out for themselves...

They will, I guess, want to sell at some point (who wouldn`t) but to get "long term capital appreciation" the club will need to have grown in value...you don`t get that sticking around in League1...

SD/CM need to be warmly congratulated on getting these guys on board.

But let`s not get too carried away...

In the grand scheme of things Dell is worth c.$31 billion... £10m is worth c. $13m that is 0.04% of his overall wealth...

ONS data has the average UK salary as £36,611 per annum...0.04% of that is less than £1500 - quite a chunk of change for most normal people BUT not enough to mean you`re committed to throwing your life savings at to retain...

So "Team Dell" has invested £10m - they`re clearly committed to the project but in my view are just as likely to walk away from the club if the investment looks like it will tank rather than throwing more cash in to turn the corner...

Anyway - on a more important note - anyone know how to change a user name on here (I feel like being safcyellowDELLy for a while at least).

KTF FTM
Without appearing pedantic it's actually less than £150
 
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Great news and nice work @Smug in Boots. Had a look over on the other side and it's still the same people trying to put a downer on it.

Sent a mod a pm asking for a 6 month ban, that place is really bad for me, I end up pi**ed off every time I read a thread on PF, I'll stick to this more calm place for the next few months at the minimum.

Quick edit, I'm JohnKay over on RTG btw, those with a sharp eye will have clocked my signature.
I saw your leaving post over there and was going to suggest this place but had second thoughts as I felt Imwoukd get stick.. Glad you are here mate.
 
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Better fan experience

Cheaper & better quality beer will dee for a kick off

Mind probably be Budweiser if there yanks but I prefer Coors
 
Better fan experience

Cheaper & better quality beer will dee for a kick off

Mind probably be Budweiser if there yanks but I prefer Coors

Has to be Stella for me like if they let us drink in stands I'd be getting the metro haha.

I've got 2 tickets for this weekend me and the youngin may pop in to club I'll let you know mate
 
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Thanks mate and thanks to everyone else who's commented.

My pleasure isn't for me, it's for all the great Sunderland supporters who deserve this ....

... let's hope this is the start of a great new era for the club.

I've decided to celebrate by walking down to the village, with Mrs Smug, and drink Guinness.

I don't usually drink Guinness but it was at the home of Louisa Guinness, the wife of Ben Brown, where I saw first hand evidence of what I still believe is the takeover.

I was shown a WhatsApp message from Glen Fuhrman confirming he was buying the club.

So I've been sitting back and laughing in the face of all those people who've said it wouldn't happen ...

... now I'm sitting back with my Guinness hoping everyone is having their own party in their own way <party>
I’m very pleased for you, really am.
 
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Reactions: Smug in Boots
Has to be Stella for me like if they let us drink in stands I'd be getting the metro haha.

I've got 2 tickets for this weekend me and the youngin may pop in to club I'll let you know mate

That is one drink I could quite happily sup all day ( mind I could sup most alcoholic beverages all day & be quite happy lol
 
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