ftm1971
Winger
Aye, keep living in denial lad
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Aye, keep living in denial lad
I’m hoping as soon as he possibly can that Louis fucks Donald & co off.At 59% there is as much chance of SD continuing making the decisions as there is my wife getting me to do the hoovering everyday
I’m hoping as soon as he possibly can that Louis fucks Donald & co off.
Well probably yes, we don't know what that reason is/was.
Just a guess but I think he wants to run his business/club and not leave it to 2 clowns to run it for him.
Here's the article from The Times.
TwitLonger — When you talk too much for Twitter
TwitLonger is the easy way to post more than 140 characters to Twitterwww.twitlonger.com
decent read, all assumptions though.Here's the article from The Times.
TwitLonger — When you talk too much for Twitter
TwitLonger is the easy way to post more than 140 characters to Twitterwww.twitlonger.com
Never realised the Abu Dubai wealth fund had their fingers in the De Freyus family business's
Probably holding on minority shareholdings in the hope the club does get turned around. Then the value increases as does their holdings so they still make more out of it. At least in the meantime they do not have a say in the running of it.It’s not ideal, but it’s better than what we had. At least these charlatans are one foot out of the door hopefully.
Slow growing interest.I heard it was just the trees at the AoL.
I think in this instance you are wrong. I can assure you KLD has not paid £1. The club is on it’s metaphorical knees, financially.Just because a company is valued at £30m doesn't mean a 59% stake will cost you 59% of that value. It's whatever the buyer is willing to pay and whatever the seller is willing accept.
Sartori paid £1 for his stake remember.
£30m for 59%?.
How have they got that much out of him!?
Yes. Everyone misreading the first post that is fundamentally wrong on every level.and that suggests the club is valued at £55m. There's something not right.
Yes. Everyone misreading the first post that is fundamentally wrong on every level.
He’s paid for 59% of the club in a deal that values the ENTIRETY at £30 million. Meaning he’s paid £18 million.
Yes. Everyone misreading the first post that is fundamentally wrong on every level.
He’s paid for 59% of the club in a deal that values the ENTIRETY at £30 million. Meaning he’s paid £18 million.
The link in the OP has had a mare basically.Ah right, cheers mate
The Times article is by Martin Hardy. It's couched in such terms as "The Times understands". It might be true, it might not. Here's the relevant extracted clause:
"The Times understands that the total valuation of the club in his purchase will be around £30 million, with an £11 million loan to FPP Sunderland Limited repaid. The EFL owners and directors test is expected to be passed this week."
Here's a link to the full article, for those who have access:
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Is there light at the end of Sunderland’s long tunnel? God knows, they need it
It did not feel momentous as Lee Johnson, the Sunderland manager, stood pitch side, at about 10pm on Saturday. “It’s time to show our might,” he said, but he wwww.thetimes.co.uk