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SAFC Takeover Latest

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The guys taking the club over are investing money in the club on behalf of their clients one of which happens to be Dell. They will want a return on their spend. So I think this will not be a vanity project like City or Chelsea but rather a money making project as they are buying a distressed asset with upside potential and once that potential is realised they will sell. They may even sell us as a championship club
Apparently not. It’s personal wealth, not on behalf of a fund.
 
you obviously were not around when certain posters put that theory to the test...they started a rumour on here about the club being after a player and within days it was being reported by every major sports source as gospel, may be wrong but seem to recall sky sports news reporting it...the names escape me now but i am sure those with better memories could fill in the blanks.
That was them being lazy gullible twats, rather than anything more malicious like creating logins and pushing bogus info. Two totally different scenarios.
 
Philanthropists with that amount of money do it. Bill gates / Andrew Carnegie etc.
A few years ago when i did a tour of New York there was quite a bit on Carnegie. He certainly was a philanthropist and its good to see there are a few still around.

When I win the £160m tonight. I will 1. meet with the Dell lads and pay to complete the SOL extension to 65,000 and then pay for disadvantaged kids to come to games for nowt then 2. meet with Sir Bob and make a healthy donation to the Foundation of Light. I will still have plenty left!
 
They aren't. They're investing a personal capacity. They are partners in a newly-formed US LLC (FPP Sunderland Llc), which in turn owns 100% of the new UK company FPP Sunderland Ltd. which will acquire the agrees proportion of the shares in Sunderland Ltd. They're not going via MSD Capital or MSD Partners precisely because they aren't looking for a quick return. Indications are that they want to around at least ten years, and will look to help regenerate the city as well as the club. This is a legacy project, not a money-making venture. Another subs bench spouting bullshit. I wonder who and why?
It’s what Newcastle fans are clinging to GOM. They are just using the club to make money and will dump and run as soon as a de ent profit is turned. Mags really do want to believe this..
 
A few years ago when i did a tour of New York there was quite a bit on Carnegie. He certainly was a philanthropist and its good to see there are a few still around.

When I win the £160m tonight. I will 1. meet with the Dell lads and pay to complete the SOL extension to 65,000 and then pay for disadvantaged kids to come to games for nowt then 2. meet with Sir Bob and make a healthy donation to the Foundation of Light. I will still have plenty left!
Thought you were gana say you were chartering a flight to his cloud
 
To be fair, internationally succesful businessmen investing a fortune into a community halfway round the world and a club for no financial return makes no sense, so it's understandable people will question it.

Ultimately, nobody knows their actual plans for the club, apart from them.
Firstly, fuck off, again.

The reason is incredibly wealthy people are often egotists. When you have that much money what do you do. Apparently they looked at a lot of clubs and probably thought we were value and have bottomed out. There could be any number of reasons but yanks especially love a bit of history and sentimentality. After all they have none. Like it or not, historically Sunderland are still a massive club. Show me s football club with our history you could buy for as little as they will have?
 
Well, I have managed to blag corporate at Bramall Lane next week, so they had better announce it before that. I need some hope to cling on to
 
While I don't want this dragging on for the sake of people's sanity, it would be bloody typical if it got announced around 10am on Thursday, when I'll be about to board a flight to Madrid, and will be out of the country for a week afterwards.
 
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