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Offer come in for the club (rumours thread)

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Sinatras Fedora said:
To be fair, past tense was/is from whenever they stepped down from the board.
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Hawyatt Earp said:
Ah no, it’s much clearer than that. The tone is very much leaving Sunderland AFC all together. “In a better position than they found it” no less. The arrogant tools 😂😂
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the club is in a muchj better position BUT thats largey despite them, not because of them
 
kildaremackem said:
not sartoris they arent..
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After 4 years of complete clusterfuckups ....the golden egg they thought was about to be shit out didn't plop. Its now or never and their greed has to be temperd by the reality of even more sunk costs if they scare of viable purchasers

Donald will get a score off both kld and the next purchaser ...but it won't be a big as he'd hoped for... we get rid of the worst parasites in our history
 
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GBSAFC said:
After 4 years of complete clusterfuckups ....the golden egg they thought was about to be shit out didn't plop. Its now or never and their greed has to be temperd by the reality of even more sunk costs if they scare of viable purchasers
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yes indeed...whatever rise in value the club has now...they have spent it by being incompetent enough top have safc in league one for four seasons..the pandemic also changed the economics if it a bit.
 
It's reaching the point (possibly down to the involvement of sovereign wealth funds) where even seriously wealthy individuals are getting cold feet about going it alone if the aim is to do even reasonably well in the Premier League. It's worth remembering that Todd Boehly isn't buying Chelsea himself - he's the front man for a consortium. It looks to me like KLD (who will have a say in whoever buys Donald's shares) is keen to have a range of wealthy investors to spread the cost and risk. This is fine so long as they're all pulling in the same direction. It's when co-owners can't agree that things get sticky. This was Arsenal's problem when there was a huge bust up between Alisher Usmanov and Danny Fitzman c.2008 (see
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This instability lasted until Stan Kroenke got a majority shareholding.
 
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Grumpy Old Man said:
It's reaching the point (possibly down to the involvement of sovereign wealth funds) where even seriously wealthy individuals are getting cold feet about going it alone if the aim is to do even reasonably well in the Premier League. It's worth remembering that Todd Boehly isn't buying Chelsea himself - he's the front man for a consortium. It looks to me like KLD (who will have a say in whoever buys Donald's shares) is keen to have a range of wealthy investors to spread the cost and risk. This is fine so long as they're all pulling in the same direction. It's when co-owners can't agree that things get sticky. This was Arsenal's problem when there was a huge bust up between Alisher Usmanov and Danny Fitzman c.2008 (see
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for reference).
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also Chelsea are being bought by a mutual fund right..ie a thing with a fiduciafry duty to its clients to invest their money in a profoitbal;e way? Same as Liverpool and many ithers..the big challenge to that model will be rising interest rates..institutional investors find the recurring cash flows of the premier league appealiong as they can borrow chepaly and use those cash flows to repay..but higher rates change the economics of that
 
kildaremackem said:
also Chelsea are being bought by a mutual fund right..ie a thing with a fiduciafry duty to its clients to invest their money in a profoitbal;e way? Same as Liverpool and many ithers..the big challenge to that model will be rising interest rates..institutional investors find the recurring cash flows of the premier league appealiong as they can borrow chepaly and use those cash flows to repay..but higher rates change the economics of that
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Not disputing what you're saying but if they've just paid over $4B for a business returning a $200M per year loss it doesn't look like great fiduciary care being exercised, unless of course they're confident someone will buy the brand from them for even more down the line.
 
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