Today is the day


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not in the context of buying a business of reasonable scale and complexity it isn’t

Arrogance in what way?


:lol:
Carlos I've done DD or M&A advisory for c.20 years, including a couple of football jobs. In my opinion it has dragged on - buying Sunderland isn't a massive deal, its not a complicated business, there will only be a few real issues and something has obviously been identified as a road block. I presume they are working though it or attempting to.
In any process the back end can extend where you need approvals or other conditions precedent (i.e. I presume your 30 month job) but to get to heads of terms or signature on a deal the time frame is now extended. Maybe you're right but the period when there was clearly a press briefing to now is more than a couple of months - thats a long time in anyone's book to get an initial agreement.
 
Methven is denying it was a takeover. Right, that’s why MSD set up the holding company...

That in isolation should be enough evidence that either something has changed dramatically and they’re embarrassed and backtracking, or it’s collapsed altogether.

I was so sure this was happening, now I’m as convinced it’s all fallen through.
 
Methven is denying it was a takeover. Right, that’s why MSD set up the holding company...

That in isolation should be enough evidence that either something has changed dramatically and they’re embarrassed and backtracking, or it’s collapsed altogether.

I was so sure this was happening, now I’m as convinced it’s all fallen through.
Could still be the company that's investing into safc??
 
Could still be the company that's investing into safc??

Maybe, I’m not sure how it all works, tbh.
If there was never an actual takeover on the cards, we’ve been misled, though. Donald and
Methven running this geet rich club with the Americans just hoying their fortunes in was never going to happen.

This has been a PR nightmare from day one.
 
Maybe, I’m not sure how it all works, tbh.
If there was never an actual takeover on the cards, we’ve been misled, though. Donald and
Methven running this geet rich club with the Americans just hoying their fortunes in was never going to happen.

This has been a PR nightmare from day one.

Nobody on threads like this one really does and thats the issue
 
I can’t remember anyone saying it was a takeover, yet! Surely one company can buy shares (invest) in another without taking over? I would have thought it makes sense to make a smaller initial investment at this stage bearing in mind constraints on spending in this league. There’s probably a lot being discussed about what may happen in the future.
 
Luke edwards from the telegraph says that methven interview is off this morning

Looks like that will be the update then
 
Really wish they had just shot down the "takeover" comments straight away and said it was categorically only investment and clarified that insted of this board going into full Takeover mode.

Even RR and ALS who are supposed to be close to SD for news reported this was going to be a takeover and that podcast from RR reported is as being taken over by MSD and Dell..

Annoying
 
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Luke edwards from the telegraph says that methven interview is off this morning

Looks like that will be the update then

Looks like it. Canny frustrating. Was me who asked Luke Edwards on twitter. I'm still clinging onto hope of a meeting today, it's not even 12 in America yet so CM's comments were made before a supposed meeting took place.
 
Looks like it. Canny frustrating. Was me who asked Luke Edwards on twitter. I'm still clinging onto hope of a meeting today, it's not even 12 in America yet so CM's comments were made before a supposed meeting took place.
Getting ridiculous all this now. What a balls up by the club. Like our team...all over the shop.
 
It makes no sense though. Donald said he would update the fans on Friday. He did that by speaking directly to the fans on twitter and on bbc Newcastle. Why would he then give that update through his No2 through a newspaper article? It cant be the update donald was referring surely? If so, it's a shit trick.
 
It makes no sense though. Donald said he would update the fans on Friday. He did that by speaking directly to the fans on twitter and on bbc Newcastle. Why would he then give that update through his No2 through a newspaper article? It cant be the update donald was referring surely? If so, it's a shit trick.

Totally agree with this..really annoying how he has passed the buck to CM to provide an update on the situation when he advised he would update the fans.
 
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