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Confirmed KLD only owns 41%

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Thatheaderman said:
Think after last meeting we had to wait for minutes to be released so not expecting news tomorrow. Unless I'm wrong.

@Guinness Guzzler
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Yeah, there's been an agreement not to release anything until the minutes are agreed. Hopefully they'll get them agreed quickly, but if they're contentious it could slow things down. Just to confirm, I'm not going to be at this meeting, the coopts do it in something of a rota so someone else must have drawn the short straw for this one, but I'm sure whoever attends will represent the fans well. I'm not expecting to hear anything until the minutes are out either tbh. The only thing that might happen is that kld might decide he needs to release something to clarify issues to the fan base following the meeting, obviously he could do that prior to any minutes coming out
 
richest said:
Has the NDA expired?
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Bit weird timing if it has. KLD wasn’t confirmed until the 18th of February last year so it’s a few days shy of that.

Actually thinking on it might make sense if they were expecting us to get promoted and then they’d have sold up their stake and there’d be nothing more said. Suspect they hadn’t even planned on not going up last season.
 
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Grumpy Old Man said:
They've misled by not being open about the nature of the controlling interest, and the wording around it. I reached the conclusion pretty much anyone would make. I really didn't see this arrangement at all.
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But many, some with backgrounds in finance, and some not, reached the opposite conclusion. The mere presence of the NDA suggested the shareholding could be what it transpired to be.

But there were plenty other signs. All pretty much dismissed out of hand.
 
archfiend said:
People who say Sunderland will survive going bust are living in cloud cuckoo land. Sunderland cost an absolute fortune to run and are In league one, we aren’t an attractive proposition at all.
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Cost a fortune to run, things like a cat 1 Academy costing over a million quid each year and produces very little.
 
Guinness Guzzler said:
Yeah, there's been an agreement not to release anything until the minutes are agreed. Hopefully they'll get them agreed quickly, but if they're contentious it could slow things down. Just to confirm, I'm not going to be at this meeting, the coopts do it in something of a rota so someone else must have drawn the short straw for this one, but I'm sure whoever attends will represent the fans well. I'm not expecting to hear anything until the minutes are out either tbh. The only thing that might happen is that kld might decide he needs to release something to clarify issues to the fan base following the meeting, obviously he could do that prior to any minutes coming out
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👍
 
Lies are all these clowns seem to do. I’m now also looking at KLD and thinking this is someone we are supposed to trust too after he lied. Not a good day at the office as they say.
 
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