WMS Who Owns Sunderland AFC?

[Why sack Durban]

i dont want hm or SD anywhere near the club either..
but at what point did KLD say they wouldnt be?
he said he would have a controlling interes, not 100 per cent, and would run the club with the ownership group.
when kld went for approval for the takeover..the others also had to get approved, sshowing they were always goig to be there at some levle?

i dont think he ever meant madrox were the asset strippers..why would he use that language about his business partners? they literally had to be approved by the league as part of his takeover..he was never going to ask them to do that-then insult them

But everyone took it like that . And they know that

 

[The Cabbage]

This seems like a very provocative blog post with little substance.

As so often with CW there's some prescient stuff mixed in with a fair amount of opinion passed off as fact. Interesting to read but fairly jaundiced - and flat out wrong in some places.

 

[AgnewsHorseshoe]

Yeah, but RAWA have a WMS rep, so he could have easily made sure people attending were aware of the key questions and they'd be asked. The club have already said they'll answer. It's not a big thing at all, I just don't think it needed a public article at this stage, that could have followed if people were aware of the questions, asked the questions, and the club avoided them. Up to him like, as I say it's not really much of a criticism

Sure they probably do have a rep like but it’s just using their platform to keep pressure on. A public reminder we are all waiting for this to be answered in case they thought it wouldn’t need to be when actually in the room. Needs doin doesn’t it we were all too passive to stop the walls come down over the last 5 years or so

 

[Sam Handwich]

Who owns WMS. That one hasn't been answered

 

[kildaremackem]

But everyone took it like that . And they know that

and you see this is the perenial issue...i think SD et al made the huge mistake of not understanding that normal corporate action would be scrutinised more when carried out at a large football club than in any other of his myriad businesses..
same thing is happening now with kld.
though i should empahsise it was pretty clear they would be involved when they had to be part of the takeover approval process with kld-and the fact they were part of this was announced at the time-so it was clear from day one they would retain some involvement

 

[AgnewsHorseshoe]

Who owns WMS. That one hasn't been answered

Elvis?

 

[Nelson!]

He's probably written it off the back of people talking about it again on the other thread on here.

We saw many people attacking his motives and credibility when he wrote about the parachute payments as well.

I don’t know the lad, and I was in support of him when he was asking difficult questions, I’m just saying how this looks to me as an observer.

 

[samaistonsrightfoot]

Yeah, but RAWA have a WMS rep, so he could have easily made sure people attending were aware of the key questions and they'd be asked. The club have already said they'll answer. It's not a big thing at all, I just don't think it needed a public article at this stage, that could have followed if people were aware of the questions, asked the questions, and the club avoided them. Up to him like, as I say it's not really much of a criticism

Tbf it is a big thing when they've had a year to clarify and haven't. If it's something that should be made publicly available with companies house, and they've not submitted that info, then there's a motive to do so. If they are willing to file incorrect documents to hide that info then there needs to be pressure on them tomorrow. An article in two weeks time after the fact, without another meeting for months to get an answer would just drown in another wall of silence.

If it's been a genuine error then they shouldn't mind people wanting to find out and they will confirm beyond any reasonable doubt what the shareholdings are, what this Mercertor company (which tbh I'd never heard of until today) and what Methven is doing on club businesses if he has no role here. Especially when transparency has been promised.

 

[Sea to Shining Sea]

Clickbait, sensationalism, flogging a dead horse



Is the answer Chris Weatherspoon

Wilful ignorance, sycophancy, not learning from past errors of judgement.

is the answer sections of the SAFC fanbase?

 

[sidneyeric]

Chris
Stick to running pubs
Thought this was sort of stuff The Mag would do

He's had a load of shit and abuse in the past for saying stuff about our finances and what was happening behind the scenes yet he was spot on..

 

[Grumpy Old Man]

You know nothing about him.

It's the way his articles come across to me.

 

[Sea to Shining Sea]

It's the way his articles come across to me.

Is accuracy and critique in the face of criticism ‘glass half full’?

 

[Grumpy Old Man]

People not knowing what input Donald and Methven still have is a massive benefit to them. There would be ructions from the first day of the new takeover and onwards if the chancers were known to be still involved at more than a few %. Kyril and his dogs wouldn't have stood a chance.

Speculation can be brushed off as speculation. Protests not so easy.

So long as KLD owns more than 50%, the percentages are frankly irrelevant. What matters is who's on the board and who they are backing. The board controls the strategic direction, not the shareholders, and, if KLD has more than 50% of the shares, he controls who's on the board, Simple as that.

 

[The Cabbage]

He's had a load of shit and abuse in the past for saying stuff about our finances and what was happening behind the scenes yet he was spot on..

He absolutely did - and what went on was horrendous at times. The way that the Donald regime got obsessed about him was testament to him being on the nose with that stuff. That being said, it doesn't mean he's bang on in every aspect for eternity. A whiff of the Nate Silvers about his opinion of our summer transfer business - and the question of sustainability. Just because he thinks something, doesn't make it true.

 

[kildaremackem]

He's had a load of shit and abuse in the past for saying stuff about our finances and what was happening behind the scenes yet he was spot on..

he tends to put the most negative possible spin on everything...and be right some of the time.

 

[Nelson!]

Tbf it is a big thing when they've had a year to clarify and haven't. If it's something that should be made publicly available with companies house, and they've not submitted that info, then there's a motive to do so. If they are willing to file incorrect documents to hide that info then there needs to be pressure on them tomorrow. An article in two weeks time after the fact, without another meeting for months to get an answer would just drown in another wall of silence.

If it's been a genuine error then they shouldn't mind people wanting to find out and they will confirm beyond any reasonable doubt what the shareholdings are, what this Mercertor company (which tbh I'd never heard of until today) and what Methven is doing on club businesses if he has no role here. Especially when transparency has been promised.

This exactly the problem, while there are some questions to be asked and transparency to be sought, this is way over the top. Seeing cloak and dagger stuff everywhere and assuming the worst.

And who said anything about an article in two weeks? He could have it ready to as of now and put it out first thing the morning after the meeting via his own blog but also submitting it to local press for coverage to amp up the pressure for a response.

The timing is the least effective possible, he even acknowledged in the piece they said they will answer tomorrow. It’s only a relevant story if they don’t,

 

[samaistonsrightfoot]

I don’t know the lad, and I was in support of him when he was asking difficult questions, I’m just saying how this looks to me as an observer.

Neither do I. As an observer myself I see a lad who has the best intentions for this club wanting to see transparency.

His campaign to here the truth about the clubs ownership:

- Saw an owner orchastrate a social media abuse pile on
- Saw an ownership group report him to police
- Saw him have to leave his job to be able to continue asking questions
- Saw an owner name him in a fans meeting to orchastrate more abuse
- Saw an exec brag about calling the police on him to silence him (which didn't work)
- Saw many of our fans attack and discredit him

All when he was ultimately correct in what he said and what he campaigned for.

Now he's asking again for transparency (that we have been promised) over a query that has been raised since the takeover happened and again there's people attacking him.

If it's a chip on his shoulder he has that is his motive then I'd much prefer that than him sticking his fingers in his ears and shouting because he might not like the answer he gets as we would still be sitting here with Donald tearing the club apart and Parkinson bottling post match interviews.

 

[kildaremackem]

Tbf it is a big thing when they've had a year to clarify and haven't. If it's something that should be made publicly available with companies house, and they've not submitted that info, then there's a motive to do so. If they are willing to file incorrect documents to hide that info then there needs to be pressure on them tomorrow. An article in two weeks time after the fact, without another meeting for months to get an answer would just drown in another wall of silence.

If it's been a genuine error then they shouldn't mind people wanting to find out and they will confirm beyond any reasonable doubt what the shareholdings are, what this Mercertor company (which tbh I'd never heard of until today) and what Methven is doing on club businesses if he has no role here. Especially when transparency has been promised.

I agree with this-But I would say, ome posters are puttig the innacurate companies house filing down as cock up, rather than conspiracy, and they may be right. BUt many on this baord have tried to portray KLD as this experienced football business guy surrounded by seasoned experts while the previous lot were non league who brough their non league mates in.

Filing accurately at companies house shouldnt be complicated, if they cocked it up, it implies competency issues from the golden boy?

 

[Grumpy Old Man]

Is accuracy and critique in the face of criticism ‘glass half full’?

In this case, I think he's gone over the top, given that RAWA have committed to asking the club the question, they club know the question's coming, and the meeting is tomorrow, If I have an animus, it's because on the way up to the meeting to try to get chapter and verse from Methven on the purchase deal, I was getting texts from him via RAWA demanding that I ask certain questions in a certain way,. I found that a totally unacceptable way to treat another professional.

 

[kildaremackem]

So long as KLD owns more than 50%, the percentages are frankly irrelevant. What matters is who's on the board and who they are backing. The board controls the strategic direction, not the shareholders, and, if KLD has more than 50% of the shares, he controls who's on the board, Simple as that.

thats of course correct..but people are fretting that while KLD as majority shareholder could have the others not really involved,..they apepar to be really incolved..is that by KLDs choice? well if so, some would regard him choosing to have them involved as almostr worse than them being entitled to be involved?