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Takeover Rumours

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T_Bone said:
You’ve got to hand it to SD and CM if they get this going. They told us we would need investment. Looks like they have delivered big time.
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They've never hidden their wish to attract investment into the club.
 
Plank said:
Incredible isn't it. Multi billionaires and people think they are just buying us for the crack and won't stick any money in.. to what? Sell us when we go up to the Championship and make 0.000001% of their wealth in profit? :lol:
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It's truly amazing the lengths people will go to in order to minimise this incredible event in our history.
 
G Force said:
“The 4.3m they threw at Will Grigg worked out well. They would probably have to spend over 10m to get close to having a squad as good as ours”
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It was 3m rising to 4m if we make the premier league, sounds like a mag pretending to be an Ipswich fan, also the why buy Sunderland when you can buy Newcastle? is this clown for real! Remember the same question being asked to SD by a mag a while ago, obvious answer because we are not a set of horse punching ego's who cry over everything!
 
MSD Capital - trades as a partnership and manages the Dell's family money.

Furnham and Phelan are the founders of the business and the managing partners of the MSD Capital which was created in 1998. They were given a £1bn by Dell to get things started.

Dun and Bradsheet estimate they are managing in excess of $12Billion of funds.

Platek joined the firm in 2002 he is also a partner.

From my reading of the info out there - the three MSD Capital partners along with Dell are buying Sunderland with their own wealth.

Dells stake may be coming from the funds he holds in MSD Capital.
 
How Bloomberg sees it (another non-standard source for Sunderland AFC news):

Three MSD Partners executives who manage investments for computer billionaire Michael Dell are in talks to buy
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, the soccer club languishing two divisions below England’s money-spinning Premier League, people with knowledge of the matter said.

Glenn Fuhrman, John Phelan and Robert Platek are in discussions with the team’s current owner Stewart Donald, according to the people. No price has yet been agreed, and any transaction would be subject to the approval of the English Football League, the people said, who asked not to be identified because the information is private.

Donald and his partner, Charlie Methven, would remain integral to the club’s operations under any takeover plan, the people said. Since coming in last April, they’ve stabilized the club and energized its fan base, though their efforts last year weren’t rewarded by promotion to the second tier in the league, as Sunderland narrowly lost a playoff final.

Sunderland, known as the “Black Cats,” was formed in 1879 and in its history boasts six league titles and two FA Cups. It lies in the soccer hotbed of England’s industrial northeast, adjacent to Newcastle, its big rival as a city and in sports. The struggles of the team, which plays at the 49,000-capacity Stadium of Light, were captured in a Netflix
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series.
...
 
Lord Alfred said:
Were you not around in '73?
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Yes. I was there. That was a long time ago I was 16. My grandson told me today he likes Manchester United then Barcelona then Sunderland. he is three and his da “follows” Man United.
He has kits for all teams. At tea time today when he left I got a bit carried away and started telling him how we were the number one club and the others were no good. He was wearing his Messi kit.
 
KGC83 said:
We will just buy the mags airport :lol:
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They don't own it.
Just got a bit more info out of young Bresslaw and those people he saw at the AOL today meeting SD were "money men from Dell or sommat" - apparently that's what someone else there told them.
 
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Plank said:
Incredible isn't it. Multi billionaires and people think they are just buying us for the crack and won't stick any money in.. to what? Sell us when we go up to the Championship and make 0.000001% of their wealth in profit? :lol:
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We’ve had a billionaire owner before tbf and ended up with one of the highest levels of debt in the world. Nowt happened yet. If they do buy in its exciting for sure but as others have said, Arsenal and qpr fans were probably excited by their owners billions as well.
 
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