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Confirmed KLD only owns 41%

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I know this may be another technicality and the essence has to be right but if Mercator take the club from Madrox is that a takeover ? Honestly don’t know or understand the language, just asking.
I really don’t know mate.

KLD is referred to as the ‘owner’ but is he just the majority shareholder?

It would be good if it was explained in simple terms.
 

Keane would see through Methven’s pr bullshit straight away, wouldn't surprise me if him & SD still being involved is the reason Keane walked away
complete comjecture..i doubt he knows who stewart donald is...keane came to safc for negotations as someone who works with a safc director every week..he knew the score he still came to negitiate. quinny called out keanes bullshiot and dishonesty..
 
I’m terrified RAWA are going to go rolling in tomorrow , already demanding KLD attends.

What happens if KLD just says he doesn’t need this , obviously football owners grow on trees .

Has to be a measured approach but I can honestly see it going the opposite way .
So what does he do - throw away his £15m+ or whatever it is he's put in? Madrox also need him, he's going nowhere.
 
Technically, yes. !00% of the shares in Sunderland have changed hands. I appreciate fans will not see it that way.
Why I said the essence has to be right. If you’re making an announcement to fans which that letter was, but you use technical language it’s murky, controlling interest, governance majority etc. Today despite the outrage is the first bit of clarity. Hopefully more tomorrow good or bad
 
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