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Confirmed KLD only owns 41%

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They ain’t going anywhere until we at least get promoted and their share price increases giving them some sort of profit. You can understand why, with the facilities and infrastructure we have in place despite the shit we are still a Premier a league club just with a division 3 team. They probably thought the investment would be enough to get us over the line this season and they would slip out over the summer.
 

So, when KLD mentioned a while back that the club had been asset-stripped, it now seems that he was also referring to himself in that?

If so, then he can fuck off as well, the speccy little shite.
 
TX45 said:
Eh not sure what I am wrong about? I have never mentioned how much KLD has ever owned so not sure why you have tagged me. Strange behaviour.
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Another one of the clappers who refuses to have anything whatsoever said about the club who have now admitted they're a bunch of lying arseholes. Can't be bothered to trail through posts but I would be astounded if you haven't had a go at people for speaking the truth about this massive issue.
 
Guinness Guzzler said:
It's almost as if those "spouting conspiracy theories" knew it. We need full disclosure on when Donald and Methven are being fully bought out. Some will say they aren't concerned, but when the "takeover" happened I don't think anyone thought kyril would have just 41% of the club
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Been down the road before mate...you either know , fell or have a nose for it. Did KLD release that or who did?
 
So if KLD gave Donald 41% of the value of the club (which Donald said was £50 million). What has he done with the 41% of the 50 million? No the wonder the fucker daren't leave the house.
 
I was one of those "renew no matter what love the day out accept the football is shite Sunderland is my team" lot......but I'm seething at this.

It's them sitting there thinking they can play such a loyal, long suffering fanbase for fools that's the worst part.

Where's me f***ing pitchfork....
 
ontap said:
I have no idea whether he is the chairman , but owning more shares than any other single person , I don't see where the lie is ?
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Controlling shareholder strongly implies he owns a controlling share, ie 51%. That’s what a controlling shareholding is, not 41% with a agreement to be in charge of who sits on the board and oversee the day to day running.
 
WishyWashy said:
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Looks like the club played on words when they replied about his ownership credentials, Seems like he is a person of significant control but ultimately can be out voted.

As most suspected when the put the NDA in place, something wasnt right.

Dont think it is going to sit well with a lot of fans that the 3 stooges can still control the club (not sure if the person from Uruguay has any shares).

He was put up as the new face of the club and the other chancers controlled the narrative to try and convince the fans that it was different. It still might be of course it is a new investor and his shareholding isnt insignificant, but it feels like a let down.
 
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