Club up for sale?

[FulwellViaLeeds]

There's a very out-of-the-blue report that the club has been offered to investors:

There hasn’t been much noise about Sunderland having come on the market, but high net worth investors and funds who have previously expressed an interest in owning a Premier League team have been offered the club in recent weeks, FootBiz can reveal.
We won’t get in the habit of breaking exclusives, it’s not really the point of FootBiz, but this one seemed interesting as Google literally told us that Sunderland aren’t for sale.

But yes, from the materials available to investors we can say that the Wearside club have retained investment bank Moelis, who have previously worked on the sales of Chelsea, Angel City and a number of other major clubs, with a view to a transaction.

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Already denied by the club, but have to wonder if there's anything behind it. I always wondered if KLD might sell shares after promotion tbh

 

[Lonz]

Never heard of “beehiv” or “FootBiz”.

 

[ChrisAshley]

KLD said this season he plans on being here for a long time so doubtful, maybe Sartoris shares are up for sale?

 

[The Pallion Stallion]

There's a very out-of-the-blue report that the club has been offered to investors:

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Already denied by the club, but have to wonder if there's anything behind it. I always wondered if KLD might sell shares after promotion tbh

It wouldn’t surprise me. KLD & co will have made a huge, huge profit on their initial investment should they sell.

I hope they don’t as they have been brilliant stewards of our club. While yes, there have been some negatives, overall they have been the best thing to have happened to us in a very long time. Hopefully if there is to be a change in ownership it’s with someone with a similar outlook as those in charge now.

 

[Scotty 1978]

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[Dodgy]

So Footbiz have said we're for sale, we've said we're not but they say that we still might be?

Seems legit.

 

[Mowgli]

Few people have said there has been interest in it

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That doesn't really deny being for sale mind.

Of course they're committed and planning for next season. But the ckub can still be for sale

 

[Iansamackem]

Theres going to be interest, were doing well, loads of potential. I dont see KLD selling for a while though

 

[buster]

Everything will be for sale at a price , don’t kid yourselves.

 

[HerculesNdlovuAffair]

The denial is carefully worded - “planning for next season”, not “here for the long term”. Wouldn’t be surprised if it’s true.

 

[FulwellViaLeeds]

Few people have said there has been interest in it

That doesn't really deny being for sale mind.

Of course they're committed and planning for next season. But the ckub can still be for sale

Very good point, it's carefully worded.

 

[Thornton]

In the words of Ted Dibiase, "everybody's got a price".

 

[Roose Bolton]

I'm hoping they're staying. Bad owners are far more common in English football than good ones, last thing I'd want is some clueless yank conglomerate like the idiots who run Chelsea getting their hands on us.

 

[The Situation]

It'll be true.

At this point KLD could flip it for a huge profit and as a businessman with no affiliation to the club or area, he'll rightly be listening to offers, as we all would if we were in his position.

That statement is the furthest thing away from an actual denial as you could get. It's pure PR.

 

[rubberface]

There's a very out-of-the-blue report that the club has been offered to investors:

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Already denied by the club, but have to wonder if there's anything behind it. I always wondered if KLD might sell shares after promotion tbh

I think it's on the cards personally. There were whispers not long ago.

 

[Mowgli]

It'll be true.

At this point KLD could flip it for a huge profit and as a businessman with no affiliation to the club or area, he'll rightly be listening to offers, as we all would if we were in his position.

That statement is the furthest thing away from an actual denial as you could get. It's pure PR.

This. Might not get much more value into it.

 

[Helmerroids]

there’s no doubt we’d be an attractive proposition, hope not like, fair chance we’ll be snapped up by yanks

 

[Lipso]

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Aggressively planning.

Oooo La laaa

 

[Zweiguys]

What’s our man in Brisbane have to say?

 

[Wearside Wanderer II]

Joy