Takeover rumour

Discussion in 'Sunderland' started by alan reed, Jul 24, 2020.

  1. Smug in Boots

    Smug in Boots Well-Known Member

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    Can't be mate, it says 'close friend' <laugh>
     
    #14901
  2. Smiler

    Smiler Well-Known Member

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    That chapter in Shackleton's book couldn't have been more apt
     
    #14902
  3. Sunderpitt

    Sunderpitt Well-Known Member

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    Well said that man!
     
    #14903
  4. Smiler

    Smiler Well-Known Member

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    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?
     
    #14904
  5. Sunderpitt

    Sunderpitt Well-Known Member

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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
     
    #14905
  6. RIC

    RIC Active Member

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    CM smell too me
     
    #14906
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  7. Smug in Boots

    Smug in Boots Well-Known Member

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    Then of course Kimpioka scored again today I believe ...
     
    #14907
  8. Smug in Boots

    Smug in Boots Well-Known Member

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    If so it's encouraging how Donald is referred to in the past tense and how he'll be remembered.
     
    #14908
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  9. The Redbaron

    The Redbaron Well-Known Member

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    It certainly has a ring to some comments Methven has made prior..
     
    #14909
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  10. Arlyman

    Arlyman Member

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    There are one or two other contenders like McMenemy and Moyes but I think Stewart Donald will be remembered as the biggest disaster to ever walk through the door.
     
    #14910

  11. The Redbaron

    The Redbaron Well-Known Member

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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.
     
    #14911
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  12. Bob Cheval

    Bob Cheval Well-Known Member

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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.
     
    #14912
  13. MadMackem

    MadMackem Well-Known Member

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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.
     
    #14913
  14. Smug in Boots

    Smug in Boots Well-Known Member

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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.
     
    #14914
  15. Vincemac

    Vincemac Well-Known Member

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    Embleton off is he injured
     
    #14915
  16. Smug in Boots

    Smug in Boots Well-Known Member

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    I think he was only down to play the first half.

    Kimpioka scored again and we won.

    I'm only being told this on text so don't have much detail tbh.
     
    #14916
  17. Vincemac

    Vincemac Well-Known Member

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    Cheers mate
     
    #14917
  18. Bob Cheval

    Bob Cheval Well-Known Member

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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 .
     
    #14918
  19. sad-eyed prophet

    sad-eyed prophet Well-Known Member

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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.
     
    #14919
  20. Essayyeffcee

    Essayyeffcee Well-Known Member

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    Think he's scored twice

    upload_2020-10-26_15-0-50.png

    Does anyone know how many he's scored since he came back?
     
    #14920

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