Takeover close, perhaps ?

  • 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!
@FootballJourno0
A German consortium from the Deutsche Finance Strategie Holding AG have completed the takeover of @SunderlandAFC [HASHTAG]#SAFC[/HASHTAG]

Martin Bain has been removed from the board of directors and his direct replacement is former SAFC player Stefan Schwarz [HASHTAG]#SAFC[/HASHTAG]

It is my understanding the board will be made up of 5 German representatives. Schwarz will be footballing director [HASHTAG]#SAFC[/HASHTAG]

Interesting. I like Schwarz being involved but it would be harsh on Bain.
 
@FootballJourno0
A German consortium from the Deutsche Finance Strategie Holding AG have completed the takeover of @SunderlandAFC [HASHTAG]#SAFC[/HASHTAG]

Martin Bain has been removed from the board of directors and his direct replacement is former SAFC player Stefan Schwarz [HASHTAG]#SAFC[/HASHTAG]

It is my understanding the board will be made up of 5 German representatives. Schwarz will be footballing director [HASHTAG]#SAFC[/HASHTAG]
Very intriguing that.
 
@FootballJourno0
A German consortium from the Deutsche Finance Strategie Holding AG have completed the takeover of @SunderlandAFC [HASHTAG]#SAFC[/HASHTAG]

Martin Bain has been removed from the board of directors and his direct replacement is former SAFC player Stefan Schwarz [HASHTAG]#SAFC[/HASHTAG]

It is my understanding the board will be made up of 5 German representatives. Schwarz will be footballing director [HASHTAG]#SAFC[/HASHTAG]

Wouldnt mind Svhwartz being involved but this particular journo only has 285 followers on Twitter. Is he working for a paper? Is he just trying to create interest? I hope he's right but would be happier seeing it on SSN.
 
@FootballJourno0
A German consortium from the Deutsche Finance Strategie Holding AG have completed the takeover of @SunderlandAFC [HASHTAG]#SAFC[/HASHTAG]

Martin Bain has been removed from the board of directors and his direct replacement is former SAFC player Stefan Schwarz [HASHTAG]#SAFC[/HASHTAG]

It is my understanding the board will be made up of 5 German representatives. Schwarz will be footballing director [HASHTAG]#SAFC[/HASHTAG]

Is this legit?

There's nothing on the BEEB
 
And we are about to lose 350k per week without transfer fees, off our wage bill?

That's relegation that's caused that mate

He wasn't a player. He couldn't win games for us to keep us up

I think when next years accounts are published we will look better

We had an inproportionately high wage bill to cut. That was his remit. We were financially phucked
 
  • Like
Reactions: Makemstine Roger
That's relegation that's caused that mate

He wasn't a player. He couldn't win games for us to keep us up

I think when next years accounts are published we will look better

We had an inproportionately high wage bill to cut. That was his remit. We were financially phucked
What about Gibson, Lescott etc which will still be commanding 35k per week until Jan 2018
 
  • Like
Reactions: Mackem-Tiz
Not on Sky, Been or safc.com

Sounds like bollocks to me.

We may hear something tomorrow.

My thinking is that if it's true it'll be an insider leaking information, but they aren't going to officially announce anything at 10 at night.

On the other hand it could be a loadabollox.
 
I disagree he's completed his remit brilliantly, but his instructions came from Short. I'm sure the lads in the SS were brilliant at their jobs too it's just that like Bain their job was to be the grim reaper's scythe and swing wildly without a thought
Yeah possibly
 

Well just to let you know Steff is not in London with the Germans, and Martin Bains has not left the club and if this take over happens tomorrow he will still be here for a while as the crossover is expected to take 2 month and they they may want continuity
i do not think Steff will be CEO or DOF but i will ask him tomorrow



Kind enough to share so i dont have to trawl about?
Here is bobs post from the other thread.
ok At 9.30-10.00am tomorrow i hopefully will give you all the news you are clamming for.
My agent mate is in london with the whole German crew, and there are 9 of them there not 5 as 1st reported, the head guy behind the scenes is here, so i would presume it's bingo time eitherpay up or shut up.
Nick says he thinks its tea time beforeits officially announced, THAT'S AT THE EARLIEST hopefully we might have the jump on it.
I AM NOT PROMISING YOU ITS ALL DONE JUST YET, BUT AT LEAST THEY ARE ALL HERE.
i know i was told and said last night it was done, but my said said it was and i believe him, so that's the best i can do till tomorrow.
 
  • Like
Reactions: Vincemac