Apologies sold have updated this thread yesterday. Latest from a local journo yesterday It's one main man with a couple of backers going to take part control running the football side whilst Short stays in the background financing the debt etc Described as a unusual and interesting set up but something could be announced in the coming week. I hope takeover I'd announced after relegation. It'd take the sting out of it
There has been a delay because Shorty's 'changed the goalposts' somewhat, regarding the refinancing of the debt, but the deal's still 'on' . . . . we just have to be a little more patient
That sounds better although would prefer Short out of the picture totally, but I suppose this makes it more affordable and hopefully a chance to get a competitive and committed team.
This all sounds very 'League One' to me. If they don't have the financial clout to buy Short out completely, it suggests that under their (partial) ownership, there won't be much difference in the amount available to the manager to fund a promotion push. In fact, it sounds ideal for Short. Someone else 'runs' the football side of things, and so takes the flak when it goes tits up, while Short hides behind them, making sure he gets his money back.
This!!! The more I hear about this "deal" with Short still retaining some control at the club the less I like the idea!
Irish businessman William O'Brien has been linked with a potential takeover over of Sunderland. According to the Times, O'Brien and a group of English investors are interested in a deal to take the club off Ellis Short's hands. Short is willing to sell and there are believed to be a number of interested parties at this stage. The report says that Niall Quinn has acted as a sounding board for the group, though it is understood that the club legend is not close to any potential deal and certainly has no interest in returning to the club in a frontline capacity. O'Brien runs a successful crane hire and storage company with bases across Europe. He offered no comment to The Times when approached regarding his interest. Read more at: https://www.sunderlandecho.com/spor...-with-potential-sunderland-takeover-1-9102212
Where have you got this information from? Does it come with any information about who he might be meeting?
Sunderland fan on a Miami to London flight. Only info there is. The fact he's here I'm hoping is a very positive sign for any takeover
Found this intriguing from the club's twitter account before last nights game. Komatsu a Japanese company similar to Catterpillar. Can't find anything relevant on Schlüter...
It looks like the two companies have a joint venture here Could just be a corporate event for the Komatsu staff.