Club maybe sold by end of month

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Grumpy Old Man said:
The balance between the club and Madrox will have to be dealt with one way or another. In the club's books it's a normal trade debtor. If he sells Madrox the balance will remain. In some circumstances, a buyer might actually find that attractive as it means the first tranches of money they might put in won't create a balance owing to them. If Madrox sells the shares in Sunderland, then any buyer will want that resolving before completion.
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Configuring DHCP Superscope
 
jimb said:
"the current club owners have told prospective buyers that Sunderland could be worth as much as £250m in the future if they are able to return to the Premier League."

SD loves saying shite like this, what he wont be saying is the team will need around 100 million spent on it to give it a chance of returning to premier league. :lol:
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Buy for £40m, spend £100m, sell for £250m. That looks like a £110m profit to me, and that looks pretty attractive.
 
Grumpy Old Man said:
Buy for £40m, spend £100m, sell for £250m. That looks like a £110m profit to me, and that looks pretty attractive.
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100m doesn't get you a premier league team nowadays. You're looking at bringing in talents and flipping them/getting lucky like Norwich with a Pukki or Cantwell.
 
Lets be honest, if youre a prospective buyer (most probs FPP) theres gonna be no cash on the table until you know what division were gonna be in next season, announcement end of Feb...no chance
 
jimb said:
"the current club owners have told prospective buyers that Sunderland could be worth as much as £250m in the future if they are able to return to the Premier League."

SD loves saying shite like this, what he wont be saying is the team will need around 100 million spent on it to give it a chance of returning to premier league. :lol:
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Football isn't about making money, it's a toy for rich people to show off. Some clubs might turn a profit for the owner but by the time you work out what they have put in most would be lucky to break even.
 
Jorrd93 said:
100m doesn't get you a premier league team nowadays. You're looking at bringing in talents and flipping them/getting lucky like Norwich with a Pukki or Cantwell.
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Gunna have to spent a serious wedge to stop in the championship, never mind make the premier league
 
Jorrd93 said:
100m doesn't get you a premier league team nowadays. You're looking at bringing in talents and flipping them/getting lucky like Norwich with a Pukki or Cantwell.
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IOn recent years Burnley, Huddersfield, Norwich and Sheffield Utd have got up spending way less than that. Buying Sunderland for £40m has a huge potential upside for the right buyer - that's undeniable.
 
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