Looks that way, really sad if true.
Takeover News/Rumours
- Thread starter philFTM
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Wearside Wanderer II
Striker
Christ knows what’s going on, only saving grace is if Prehab is continually hearing it’s still a goer.
If Madberb told me it was Thursday I would check the calendar.
If Madberb told me it was Thursday I would check the calendar.
rubberface
Striker
...not on my behalf.
D
Deleted member 47915
Guest
I’m sorry bob but anyone with any financial nouse would have went in and stemmed the tide by looking at the books. Simple facts are they have failed massively in their business venture to make Quick money and I hope it hits the hard in the pocket
viccarlton
Striker
Basically yes.
hertsmackem
Striker
why don’t they all just belt up, do they get an award if one of them happens to be correct? It’s attention seeking at its best it really is
The Jarra Wanderer
Striker
They are Sunderland supporters who want to let their fellow fans know that there is light at the end of the tunnel. What’s wrong with that, you miserable twat?
Red and white TID
Midfield
Told he’s running the financial side of the club again, urghhh
Football Dinosaur
Winger
More chops than a chinese butchers ub the offing then
Rip Van Fish
Striker
Changing sides again Berb?
You are a right tosser and a complete James Blunt
The power of bullshit
FLATHEED
Striker
Very sensible answer and one I agree with.
Father Jack Hackett
Striker
How was it obvious? How much have you seen of their working day?
It wasn't lasses in the ticket office or poor sods in the PR department who were responsible for that - it was those at the top
hertsmackem
Striker
I agree and would be even better if there was
Ashley In!!
Striker
Bleeding millions? We posted a profit excluding the Madrox write off mate.
viccarlton
Striker
Must be a f#cking long tunnel.
Salem-Hillbilly
Winger
Been muzzled mate
Bears Beets
Striker
Wonder how long it will be until @MADBOB THE MAKEM takes to throw his toys out the pram and vow never to return?
dave hedgehog
Winger
If I was Mr Moneybags looking to buy SAFC, i'd see straight away, that as it stands with covid, there is not a chance of breaking even, never mind making a profit. I'd see a majority share owner who probably can't keep funding the club for much longer, and 2 minority share owners, one who has no money, and one who doesn't seem to want to part with his money, though we can't be sure of that, Mr Sartori may be putting money into the club. So, even before looking at any books, you would surmise that the club can't be far off the point where it is trading whilst insolvent.
I'd try and get into talks about buying the club, and if I can, then it may mean that there is actually nobody else trying to buy. Once you're doing your due diligence you will find out how close to the wind SAFC is sailing. If things are dire, I would drag it out for all it's worth, hope the club goes bust, and buy it from the Administrator, or buy cheap from desperate owners saving myself quite a bit of money. Not good for the fans, possible 10 point deduction, but good for me. Not a low risk strategy for me, but it's a punt worth taking, because the upside could be huge.
The question is, is this what's happening now?
I'm standing by to be shot down on this.
Any businessman worth his salt is going to do something to this effect. Its 100% a buyers market. Mr donald is absolutely fucked tbh!!
flusheding
Striker
I think there's a decent number of people who don't seem to want to accept that situations change and that not everything is going to be completed in 24 hours. That isn't to say that there won't be bullshitters spreading made up nonsense but there's is every chance people have been posting truthful updates and the deal has just fizzled out to either nothing or almost nothing.
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