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Methven still claiming credit


DJ Doubt said:
Like it or lump it, the clear out that he and Donald oversaw was the start of the refresh

It was a very early stage, but an important one nonetheless. We don't get KLD without a radical overhaul of the clubs finances

Remember they bought the club at a time when no one else wanted too

But by god did they make some terrible decisions :oops:
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Not correct. People have short memories (if you forgive the pun). There was a consortium of much more financially savvy people at the time who had made an offer to Short for the Cub but obviously they weren't prepared to hand over most of the parachute payments to him.

I don't know how close Michael Gray's was connected with that consortium but I recall that at the time he was very angry when it's bid was rejected in favour of Mutt and Jeff's . Gray pointed out that Mutt & Jeff didn't have sufficient funds to run a Club the size of Sunderland for which he received dogs own abuse. Unfortunately he was absolutely right and we suffered four seasons in League One as a consequence.

The clear out that Mutt and Jeff oversaw did address the issue of wasteful spending but that would have been dealt with anyone who had acquired the Club and saw the mess that Short had left. But in addition to that because of their lack if finance they cut back on other very obvious things like the general maintenance of the SOL which has only now been addressed at some considerable cost.

Mutt and Jeff were far from being financial wizards. It was simply that they were the only people who would pay Short what the Club was worth AND compensate him with a payment to cover the cost of some of the money he had put in to SAFC and lost.
 
Lord Potts said:
Not correct. People have short memories (if you forgive the pun). There was a consortium of much more financially savvy people at the time who had made an offer to Short for the Cub but obviously they weren't prepared to hand over most of the parachute payments to him.

I don't know how close Michael Gray's was connected with that consortium but I recall that at the time he was very angry when it's bid was rejected in favour of Mutt and Jeff's . Gray pointed out that Mutt & Jeff didn't have sufficient funds to run a Club the size of Sunderland for which he received dogs own abuse. Unfortunately he was absolutely right and we suffered four seasons in League One as a consequence.

The clear out that Mutt and Jeff oversaw did address the issue of wasteful spending but that would have been dealt with anyone who had acquired the Club and saw the mess that Short had left. But in addition to that because of their lack if finance they cut back on other very obvious things like the general maintenance of the SOL which has only now been addressed at some considerable cost.

Mutt and Jeff were far from being financial wizards. It was simply that they were the only people who would pay Short what the Club was worth AND compensate him with a payment to cover the cost of some of the money he had put in to SAFC and lost.
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And they wanted to make a quick bucket
Soon as met them at a fans forum I knew they didn't have the knowledge or the finance
 
Mantobar said:
And they wanted to make a quick bucket
Soon as met them at a fans forum I knew they didn't have the knowledge or the finance
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The were desperate to sell it after we lost the Play Off final against Charlton.

An extraordinary situation arose during the summer where Jeff was telling everyone the the Club had been sold to the Yanks and Mutt had to come out publicly and say it wasn't the case . This was a clearly a genuine shock to Jeff who as a joint owner must have been given the very convincing impression that it had been sold.

It was at that point that I realised just what a shambles those two were.
 
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