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Guest reefatoon

Is the club only going for £50m?  Christ, whoever is going to come in and pay that will not be the kind of owners who will have them back with the big boys. Will be some crazy tramps like the Venky's.  Joke of a club.

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Is the club only going for £50m?  Christ, whoever is going to come in and pay that will not be the kind of owners who will have them back with the big boys. Will be some crazy tramps like the Venky's.  Joke of a club.

 

not worth as much as a Kevin De Bruyne or maybe half a mbappe

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Is the club only going for £50m?  Christ, whoever is going to come in and pay that will not be the kind of owners who will have them back with the big boys. Will be some crazy tramps like the Venky's.  Joke of a club.

 

Apparently Short wants £90m and Germans only offering £40m.

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Is the club only going for £50m?  Christ, whoever is going to come in and pay that will not be the kind of owners who will have them back with the big boys. Will be some crazy tramps like the Venky's.  Joke of a club.

 

Apparently Short wants £90m and Germans only offering £40m.

 

Did they compromise on 51m?

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Guest Howaythetoon

Good on them (the mackems) if they are trying to buy their club, I'd love NUFC to be fan owned.

 

Are they really up for sale at £90m? On the surface that's a decent price, but to become an established PL club which they were, even if they were fighting relegation every season, requires that 3 or so times over. We spent 80m and went down. We spent less than that NET to get promoted, become the Entertainers and almost win the PL under KK.

 

The PL money madness really needs to stop.

 

Again good luck to the fans trying to buy their club, I'd support that 100% even as a Toon fan. It would actually be interesting to see how that would go if it did happen.

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Good on them (the mackems) if they are trying to buy their club, I'd love NUFC to be fan owned.

 

Are they really up for sale at £90m? On the surface that's a decent price, but to become an established PL club which they were, even if they were fighting relegation every season, requires that 3 or so times over. We spent 80m and went down. We spent less than that NET to get promoted, become the Entertainers and almost win the PL under KK.

 

The PL money madness really needs to stop.

 

Again good luck to the fans trying to buy their club, I'd support that 100% even as a Toon fan. It would actually be interesting to see how that would go if it did happen.

 

Not sure what you've been reading but It just seems to be a few wealthy businessmen that happen to support Sunderland. Much like SJH/FS owning Newcastle. Not really fan owned in that the fans as a group have any say.

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Good on them (the mackems) if they are trying to buy their club, I'd love NUFC to be fan owned.

 

Are they really up for sale at £90m? On the surface that's a decent price, but to become an established PL club which they were, even if they were fighting relegation every season, requires that 3 or so times over. We spent 80m and went down. We spent less than that NET to get promoted, become the Entertainers and almost win the PL under KK.

 

The PL money madness really needs to stop.

 

Again good luck to the fans trying to buy their club, I'd support that 100% even as a Toon fan. It would actually be interesting to see how that would go if it did happen.

 

Not sure what you've been reading but It just seems to be a few wealthy businessmen that happen to support Sunderland. Much like SJH/FS owning Newcastle. Not really fan owned in that the fans as a group have any say.

Imagine the car crash if the RTG lot had a say in the running of the club :lol:

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Guest Howaythetoon

Good on them (the mackems) if they are trying to buy their club, I'd love NUFC to be fan owned.

 

Are they really up for sale at £90m? On the surface that's a decent price, but to become an established PL club which they were, even if they were fighting relegation every season, requires that 3 or so times over. We spent 80m and went down. We spent less than that NET to get promoted, become the Entertainers and almost win the PL under KK.

 

The PL money madness really needs to stop.

 

Again good luck to the fans trying to buy their club, I'd support that 100% even as a Toon fan. It would actually be interesting to see how that would go if it did happen.

 

Not sure what you've been reading but It just seems to be a few wealthy businessmen that happen to support Sunderland. Much like SJH/FS owning Newcastle. Not really fan owned in that the fans as a group have any say.

 

Ah, just reading about this on here. In that case crash and burn :lol:

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Good on them (the mackems) if they are trying to buy their club, I'd love NUFC to be fan owned.

 

Are they really up for sale at £90m? On the surface that's a decent price, but to become an established PL club which they were, even if they were fighting relegation every season, requires that 3 or so times over. We spent 80m and went down. We spent less than that NET to get promoted, become the Entertainers and almost win the PL under KK.

 

The PL money madness really needs to stop.

 

Again good luck to the fans trying to buy their club, I'd support that 100% even as a Toon fan. It would actually be interesting to see how that would go if it did happen.

 

Not sure what you've been reading but It just seems to be a few wealthy businessmen that happen to support Sunderland. Much like SJH/FS owning Newcastle. Not really fan owned in that the fans as a group have any say.

 

My sources are telling me that the lead investor is Uncal Mick, who has just won the pools.

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Presumably the £90 million Short is looking for excludes outstanding external debt of £141 million (2016), which consists of £58 million owed to Short (Drumaville) and £83 million owed to Security Bank Corporation (SBC), the latter of which expires on 27 August 2019 and carries an interest rate of 7.5% plus LIBOR? Mind you, the asking price is less than the £101 million part of the debt Short has converted into equity in recent years (all numbers from a 2016 Swiss Ramble analysis). At first glance £90 million looks quite cheap for them, but you're probably looking at the best part of a quarter of a billion if you include their debt, and than there's the vast losses they will continue to incur year on year, even more so if they can't bounce straight back up, and the investment needed in their playing squad to turn their fortunes around. I expect most investors attracted by the reasonable asking price will run a mile when they dig a little deeper.

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Good on them (the mackems) if they are trying to buy their club, I'd love NUFC to be fan owned.

 

Are they really up for sale at £90m? On the surface that's a decent price, but to become an established PL club which they were, even if they were fighting relegation every season, requires that 3 or so times over. We spent 80m and went down. We spent less than that NET to get promoted, become the Entertainers and almost win the PL under KK.

 

The PL money madness really needs to stop.

 

Again good luck to the fans trying to buy their club, I'd support that 100% even as a Toon fan. It would actually be interesting to see how that would go if it did happen.

 

mackem  :naughty:

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Good on them (the mackems) if they are trying to buy their club, I'd love NUFC to be fan owned.

 

Are they really up for sale at £90m? On the surface that's a decent price, but to become an established PL club which they were, even if they were fighting relegation every season, requires that 3 or so times over. We spent 80m and went down. We spent less than that NET to get promoted, become the Entertainers and almost win the PL under KK.

 

The PL money madness really needs to stop.

 

Again good luck to the fans trying to buy their club, I'd support that 100% even as a Toon fan. It would actually be interesting to see how that would go if it did happen.

 

Not sure what you've been reading but It just seems to be a few wealthy businessmen that happen to support Sunderland. Much like SJH/FS owning Newcastle. Not really fan owned in that the fans as a group have any say.

Imagine the car crash if the RTG lot had a say in the running of the club :lol:

 

please let this happen, blow all their budget on getting FTM on every seat and bally as manager. 

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Presumably the £90 million Short is looking for excludes outstanding external debt of £141 million (2016), which consists of £58 million owed to Short (Drumaville) and £83 million owed to Security Bank Corporation (SBC), the latter of which expires on 27 August 2019 and carries an interest rate of 7.5% plus LIBOR? Mind you, the asking price is less than the £101 million part of the debt Short has converted into equity in recent years (all numbers from a 2016 Swiss Ramble analysis). At first glance £90 million looks quite cheap for them, but you're probably looking at the best part of a quarter of a billion if you include their debt, and than there's the vast losses they will continue to incur year on year, even more so if they can't bounce straight back up, and the investment needed in their playing squad to turn their fortunes around. I expect most investors attracted by the reasonable asking price will run a mile when they dig a little deeper.

 

Exactly! Short must despise Quinn for how much he's spunked on them! The grief he gets off their fans for apparently not spending is crackers!

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