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Takeover News/Rumours

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Maybe you would if your entire business/fortune/reputation was based on taking over and rescuing distressed assets. It wouldn't look good for your cv/credibility to bankrupt a perfectly sustainable 140yo business. Maybe.

I'll admit I haven't the first idea on how to work out the future financial implications of his other endeavours should he have put us in admin. Although 10% of worth seems steep for a cv bump.

Also doesn't he buy distressed assets as opposed to managing them, negating any actual need for a cv?
 

In 98 against Charlton they were talking about it as the 60m game as that was the payment for finishing bottom. I would think when Keane was here it would've been a lot more. He spent less than he earned by being in the Premier League is what I mean.

I mean 'came into the club'. If Short chose to spend more than his means then who's fault is that?
2008/09 Sunderland received 34 million from prize money and TV revenue according to this
 
Just watched a bit of that SAFC fan TV on YouTube and that Shaun Middleton guy 'hopes' Storey and his backers can get their takeover over the line next week....he dismissed the Sartori/Dreyfus consortium and reckons hes been told different....I guess he doesn't know he's in the middle of a winding up order at the minute
 
Just watched a bit of that SAFC fan TV on YouTube and that Shaun Middleton guy 'hopes' Storey and his backers can get their takeover over the line next week....he dismissed the Sartori/Dreyfus consortium and reckons hes been told different....I guess he doesn't know he's in the middle of a winding up order at the minute

Bloody hell. It's coming to something when fruitloops like Storey have sockpuppets.
 
Just watched a bit of that SAFC fan TV on YouTube and that Shaun Middleton guy 'hopes' Storey and his backers can get their takeover over the line next week....he dismissed the Sartori/Dreyfus consortium and reckons hes been told different....I guess he doesn't know he's in the middle of a winding up order at the minute
They are absolutely numptys I don’t like slagging off our fans but they need to stop they have no idea what they are talking about
 
It was good that Short put the money into the club, but he wouldn't have had to do that if it wasn't for his own failings.

He alienated Quinn to the point where he fucked off, and chewed Keane that much that he couldn't see any other option but to leave. After that it was fuck up, after fuck up until he pissed off altogether, paying Baine an obscene amount to take the flack and send us down to where we've been for the last 3 seasons now.

I'm sorry but I wouldn't shake that blokes hand, he'd get a right f***ing mouthful off me. He sent this club back to the dark ages.
 
No one thought we’d go down and a layman like him probably assumed that was enough to be competitive.... That relegation cost him £150m plus. Do you think that if he knew what would happen he wouldn’t have spent extra on another player rather than having to lose that amount of money.

It’s ineptitude certainly but not malice and he paid the price for it.

Sorry but I think there's some rewriting of history being applied here.

There was plenty of people on here & in the media who knew it was quite conceivable that we'd go straight down again and, from around late-Sept onwards, a lot were pointing out we were already in a relegation scrap.

Which brings us to January. By now he's brought in Coleman - presumably on a decent wedge - and then totally and utterly failed to back him.

Were Bain and Coleman strong enough to point out the deficiencies in the team? I don't know - but it was evident that ES had decided he was spending no more on players at this point and was quite prepared to take the risk of one of the poorest teams I have ever seen at Sunderland go down another level.

Short had decided he was playing hardball rather than giving even a few million more. For whatever reason, we couldn't get certain players in and were left (as we saw on STID) with very, very slim pickings.

The rest was sadly predictable. If he wrote off £150m it was because he accepted he'd f**ked us up in a right royal way. I suspect it was guilt and a desperation to get as far away as possible that drove that decision.
 
It’s absolutely hard to swallow. The SBC loan is something in particular I can’t defend. I think he was badly advised and didn’t know enough about the sport. Quinn leaving fucked his reign really as we never really had someone who knew the sport and short flitted around from appointment to appointment trying to fix it. Each time he kept making it worse.

The championship season is a strange one. At the end of the day short doesn’t pick the players. The people who did sold man one and brought three others in. We had a squad at the start with mannone, Jones, kone, O’Shea, Oviedo, cattermole, ndong etc - mostly players who’d played at a higher level. No one thought we’d go down and a layman like him probably assumed that was enough to be competitive. He underestimated for sure but as recompense he gave the next owners a free slate. That relegation cost him £150m plus. Do you think that if he knew what would happen he wouldn’t have spent extra on another player rather than having to lose that amount of money.

It’s ineptitude certainly but not malice and he paid the price for it.

not trying to be smart but i did, we looked like a relegation team from the start and were 2nd bottom after that game. it seemed inevitable, the malaise had well and truly set in.
 
Hello, I'm new to these boards, but not totally new to Sunderland football, having spent a lot of time in the North East.

I came across this yesterday in our local paper and wondered if anything had been posted here about it, but saw nothing. It's in German so you'll need to translate it, but it mentions a possible takeover of Sunderland by a rich kid from Switzerland.

 
The Northern Echo running with a share split which is in keeping with the Guardian's original piece....


As long as the new lad has overall control that'll do me !
 
The Northern Echo running with a share split which is in keeping with the Guardian's original piece....


As long as the new lad has overall control that'll do me !
Get in, he will be handing his notice in

Speaking on Friday, Parkinson said: “If a takeover does go through, I’ll look forward to meeting the new owners and telling them my thoughts on what I think we need to go forward.”
 
Jim Rodwell staying on board. Can’t stand him. Not good news tbf
Yeah as I was reading through it, the first bit said about working above the Current CEO. I got a little carried away and thought, current, there's a little hint that it wont be for much longer, then I read further :cry:
 
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