Grumpy Old Man
Striker
There was a more detailed piece in L'Équipe at the same time.
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Takeover News/Rumours
- Thread starter philFTM
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There was a more detailed piece in L'Équipe at the same time.
Moderate Power
Central Defender
Right, but nothing since that has been followed up by other outlets?
Grumpy Old Man
Striker
No, but I wouldn't expect anything else before completion anyway.
HeroHurley
Winger
If he told me it was night time , I’d go outside and check the sky. Probably to find out it’s Midday....
Moderate Power
Central Defender
Let’s see. Something does not ring true. What is the structure of the deal, purchase price etc? To understand that would reveal a lot more about the financial state of the club which cannot be good.
Why would people who could pay for the club with pocket change not purchase outright?
Alfa
Striker
It’s a bit like tomorrow .... it’s always a day/fortnight/month away ....
Let me take you back to the beginning of this latest rumour ...
I understand Sunderland AFC owner Stewart Donald has entered a period of exclusivity with a prospective buyer - I believe it's not Mark Campbell or William Storey- with a view to selling before the season starts. Sale could be much sooner #safc
The above tweet sent by Nick Barnes is dated 25/07/2020.
The season started in early September - the sale hadn’t been completed.
We were then told by the end of the month.
September , October and now November have nearly all come and gone and still ..,, no sale/takeover
We’re now being told maybe by December 10th ...and the wait goes on and on and on ...
Moderate Power
Central Defender
Right, thanks. So I had not missed anything.
I would think if it was a done deal both parties would be happy to make a comment on the record but perhaps not.
I think that in the year 2020 it is sad that football clubs are nothing more than either a rich mans play toy or a financial asset to be exploited. The club risks selling its soul but perhaps that happened once Bob Murray took the silver shilling.
Careful mind healthy scepticism is frowned upon. Why would anyone trust Donald or Methven to get a single thing right, they're running of things has been catastrophically bad. Even a single word from Sartori "yes" we are hopeful of a deal but there's not even that to hang onto. A few stories in the media possibly spun out by Methven is all there is.
Howard the Duck
Striker
Because the current owners don't want to sell outright?
Moderate Power
Central Defender
I do not believe that. Surely they want to get the hell out of Dodge after this chastening experience. Moreover, they cannot get close to a price that recuperates their losses.
If so they will want to structure a deal that gives them the option of some future dividends but stems their ongoing losses. Not many buyers are daft enough to transact under those parameters.
Maybe a 22 year old with a trust fund is?
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hertsmackem
Striker
In my football days if only I could have played on pitches like that
Howard the Duck
Striker
Maybe I'm lacking business sense but if I could own, say, 76% of something that could make me a lot of money if I do it right then I wouldn't necessarily dismiss it out of hand because someone else would make a bit on the back of any success because they hold the remaining 24%.
The current owners best chance of getting close to 'a price that recuperates their losses' is to do just that and piggy back on future success. And, at least in Donald's case they will be getting the hell out as they'll have no executive role to play.
Nelson!
Striker
he regularly has the same gripes we do. Lack of young players, poor subs used too late, Wyke.
Moderate Power
Central Defender
Not at all, you’re business sense seems sensible. My point is that most normal purchasers of an asset would not want to take on the risks and rewards of ownership to make a success of it and give 24% of any gains away.
It has gone a bit “entertainment” these days but if you watch the Dragon’s Den, on TV, the buyers hold the balance of power and always get the best of the deal.
Maybe Donald has found a gullible chancer. Maybe as I read today that Arcadia are about to go bust that this is the equivalent of Philip Green’s BHS sale?
Grammar Police
Winger
RAOS wars.
Ghandi Floss
Striker
You must be logged on to see media items
Ashley In!!
Striker
Excellent. Update or meeting, can't be choosing neither forever.
oddbod
Striker
I see ,I dont think charlie could run a a condom kiosk in a brothel successfully! He has had a lot of advantages and family support in life and I doubt his peer group would view him as a success.For a bloke who works in PR he has demonstrated no acumen for that role whatsoever.His schooling ,network of friends and family contacts have got him where he is today and i doubt he has any idea what a complete and utter failure he has been at safc. If he is at safc next year other than teaboys second assistant i will not renew my season ticket!Its a sad sad day for safc when that complete waste of zygote has anything to do with our club.
Scotlands number 9
Striker
good stuff. I can imagine it’ll get a bog standard response which will be a politely put “fuck off” but fair play trying to get some answers on the issues on the pitch and in the dug out and not just the take over.
Really need this take over done ASAP. If January comes and goes with Parky still in charge and no fresh blood in the squad, its a finishing spot well outside even the play offs.
Can't believe we're having to peddle another f***ing manager....we must be looked at as one of the biggest jokes in football!
Can't believe we're having to peddle another f***ing manager....we must be looked at as one of the biggest jokes in football!
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