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Offer come in for the club (rumours thread)

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He’s mid-60s. But yes, mega-wealthy about twenty years ago.

It’s weird that Sunderland is an absolutely football mad city yet two of the most prominent and wealthy people to have emerged from the city, Peter Vardy (often seen as a potential saviour in the 90s and then early 00s) and John Reece, have basically no interest in football.
 

What will be, will be…… too many false dawns (yes, the mag *!?£&) and attention seeking over the years.

What does surprise me is that in terms of pound for pound investment, we must look attractive compared to many clubs based on asset value and potential for exploitation.

Netflix and multiple Wembley appearances will of helped in this regard, however, the following is a major issue….

We don’t have an international football success based profile that is recognised globally or across Europe. We are perceived as a parochial club, albeit a very well supported one.

I wrote the word “exploitation” because that is the sort of investors that we will attract, sadly. They are people looking to exploit the Premier League and TV cash, particularly the cash flow and accessing tax breaks under the cover of football.

I hope that I am wrong, but that is how I see football “investment” from international business men. They don’t really throw cash at it, they guarantee debts and loans whilst they access free flowing cash at the top level. That is why they bail when clubs get relegated…..
 
That was from Smug In Boots who is clearly a bullshitting fantasist
No he’s not. I heard it from work colleagues one of whom was in the photo people were laughing at earlier when the Dell lot said the deal for the takeover was done. Shit and shite changed their demands and we ended up with the loan.
 
It’s weird that Sunderland is an absolutely football mad city yet two of the most prominent and wealthy people to have emerged from the city, Peter Vardy (often seen as a potential saviour in the 90s and then early 00s) and John Reece, have basically no interest in football.

The only things SPV is evangelical about is Christianity and making money.
 
What will be, will be…… too many false dawns (yes, the mag *!?£&) and attention seeking over the years.

What does surprise me is that in terms of pound for pound investment, we must look attractive compared to many clubs based on asset value and potential for exploitation.

Netflix and multiple Wembley appearances will of helped in this regard, however, the following is a major issue….

We don’t have an international football success based profile that is recognised globally or across Europe. We are perceived as a parochial club, albeit a very well supported one.

I wrote the word “exploitation” because that is the sort of investors that we will attract, sadly. They are people looking to exploit the Premier League and TV cash, particularly the cash flow and accessing tax breaks under the cover of football.

I hope that I am wrong, but that is how I see football “investment” from international business men. They don’t really throw cash at it, they guarantee debts and loans whilst they access free flowing cash at the top level. That is why they bail when clubs get relegated…..
what tax breaks? most of the people wealthy enough to buy a club are tax exiles..quinnys guys did it via the dtumaville company based in a tax haven..short continued that..and now kld is continuing that..

all football club owners buy clubs for self interested reasons..none are philantrophists...
 
It’s weird that Sunderland is an absolutely football mad city yet two of the most prominent and wealthy people to have emerged from the city, Peter Vardy (often seen as a potential saviour in the 90s and then early 00s) and John Reece, have basically no interest in football.
Maybe there would be other mega rich Sunderland born people if they focused on their work and not football! ;-)
 
To be fair, it’s a poster from here that says on 606 it’s done. I don’t say “goodnight John Boy, good night Hairy Melon“, when I’m on there and I haven’t left here. Am I excused or am I tarred?
Is it ? Well why has t he announced it on here ? With something to back it up.
 
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