shintonsghost Posted June 19, 2017 Share Posted June 19, 2017 Could these go down to div 1 ?? Im beginning to dream Link to post Share on other sites More sharing options...
Exiled in Texas Posted June 19, 2017 Share Posted June 19, 2017 The FTM crowd (FreeTicketMarras) won't pay $12 to watch them live. How are they going to expect them to find £50M to buy the club Sent from my iPhone using Tapatalk Link to post Share on other sites More sharing options...
Stifler Posted June 19, 2017 Share Posted June 19, 2017 The FTM crowd (FreeTicketMarras) won't pay $12 to watch them live. How are they going to expect them to find £50M to buy the club Sent from my iPhone using Tapatalk It's already been said. This isn't a group of supporters buying them, this is a few businessmen, 2 of which happen to be supporters. Link to post Share on other sites More sharing options...
Teasy Posted June 19, 2017 Share Posted June 19, 2017 £90m doesn't sound like a good deal to me like. I mean their revenue isn't impressive outside of Premier League money. Ticket money is pitiful considering the capacity of the stadium and TV money is over two 3rds of their revenue. Also wages are through the roof. I think if they had no debt £90m might be a ok price, but as it is they're swimming in it and have to pay £8m a year just on interest alone. Link to post Share on other sites More sharing options...
afar Posted June 20, 2017 Share Posted June 20, 2017 £90m doesn't sound like a good deal to me like. I mean their revenue isn't impressive outside of Premier League money. Ticket money is pitiful considering the capacity of the stadium and TV money is over two 3rds of their revenue. Also wages are through the roof. I think if they had no debt £90m might be a ok price, but as it is they're swimming in it and have to pay £8m a year just on interest alone. They had a net debt of 110 million in 2016, not sure how much is owed to the owner and how much to the bank. If Short is selling the club for 90 million and expecting all his loans repaid then it's 200 million for a champ club, with pathetic revenue, high wage bill, unfit for purpose squad and of course no manager. It's a rotten deal and no one should touch it. I doubt these rich fans have that sort of wedge, let alone access to the funds that they will need to operate the club. Whoever buys it the fans will need to hope they either strike it lucky with a crazy billionaire or more realistically Short decides it more trouble than it's worth and sells it for 40 - 50 million and wipes out his loans. Other than that their best hope maybe that Short has a change of heart and says "fuck it, I'm going to fund a big spending spree to get back up, then sell up when I get to the promised land", not likely to happen especially since he's been trying to sell the pile of crap for a while now without success. Link to post Share on other sites More sharing options...
madras Posted June 20, 2017 Share Posted June 20, 2017 £90m doesn't sound like a good deal to me like. I mean their revenue isn't impressive outside of Premier League money. Ticket money is pitiful considering the capacity of the stadium and TV money is over two 3rds of their revenue. Also wages are through the roof. I think if they had no debt £90m might be a ok price, but as it is they're swimming in it and have to pay £8m a year just on interest alone. They had a net debt of 110 million in 2016, not sure how much is owed to the owner and how much to the bank. If Short is selling the club for 90 million and expecting all his loans repaid then it's 200 million for a champ club, with pathetic revenue, high wage bill, unfit for purpose squad and of course no manager. It's a rotten deal and no one should touch it. I doubt these rich fans have that sort of wedge, let alone access to the funds that they will need to operate the club. Whoever buys it the fans will need to hope they either strike it lucky with a crazy billionaire or more realistically Short decides it more trouble than it's worth and sells it for 40 - 50 million and wipes out his loans. Other than that their best hope maybe that Short has a change of heart and says "f*** it, I'm going to fund a big spending spree to get back up, then sell up when I get to the promised land", not likely to happen especially since he's been trying to sell the pile of crap for a while now without success. He'll do a Lerner. He'll take a hit just to get out. Link to post Share on other sites More sharing options...
Exiled in Texas Posted June 20, 2017 Share Posted June 20, 2017 The FTM crowd (FreeTicketMarras) won't pay $12 to watch them live. How are they going to expect them to find £50M to buy the club Sent from my iPhone using Tapatalk It's already been said. This isn't a group of supporters buying them, this is a few businessmen, 2 of which happen to be supporters. Yeah I guessed that I still cannot see how anyone would consider SAFC a business investment that would return a profit. I love how the RTGers foaming at the mouth that the new investors will come in an immediately drop 15-30M on a business that loses money, and yet they won't shell out any $$ on ticket fees. If I was coming in as an investor, I would index link the player investment to match day revenue increases, so the more that the fans pay extra for their matches, the more the owner investment is. Link to post Share on other sites More sharing options...
Figures 1-0 Football Posted June 20, 2017 Share Posted June 20, 2017 Sky seem to think a deal could be agreed to sell the club by the end of the week. Link to post Share on other sites More sharing options...
Guest reefatoon Posted June 20, 2017 Share Posted June 20, 2017 If these supporters are not fucking loaded then they will be on a hiding to nothing. Link to post Share on other sites More sharing options...
shintonsghost Posted June 20, 2017 Share Posted June 20, 2017 Still nn manager, still no signing Link to post Share on other sites More sharing options...
Paully Posted June 20, 2017 Share Posted June 20, 2017 Even Louise is sticking the boot in! https://www.theguardian.com/football/blog/2017/jun/20/sunderland-10-years-relegated-championship Link to post Share on other sites More sharing options...
Figures 1-0 Football Posted June 20, 2017 Share Posted June 20, 2017 If these supporters are not f***ing loaded then they will be on a hiding to nothing. Although fans of the Wearside club, some of Fulwell 73's financial backing would come from the USA. No idea how wealthy they are, but sounds like they're not the wealthiest. Link to post Share on other sites More sharing options...
Sir Toon Posted June 20, 2017 Share Posted June 20, 2017 A few of them will be getting the jitters tonight as they get their fixtures in the morning. Reality will then set in. Link to post Share on other sites More sharing options...
Bimpy474 Posted June 20, 2017 Share Posted June 20, 2017 The answer resides amid a catalogue of appalling buys by assorted managers. Damningly, Sunderland sold no player on for a profit between August 2011 and January 2017 and have made money on only five of the last 48 they have traded. As Asoro added: “Sunderland have had a lot of money, it’s just they haven’t used it properly.” Link to post Share on other sites More sharing options...
Nobody Posted June 20, 2017 Share Posted June 20, 2017 The answer resides amid a catalogue of appalling buys by assorted managers. Damningly, Sunderland sold no player on for a profit between August 2011 and January 2017 and have made money on only five of the last 48 they have traded. As Asoro added: “Sunderland have had a lot of money, it’s just they haven’t used it properly.” Wow Link to post Share on other sites More sharing options...
mrmojorisin75 Posted June 20, 2017 Share Posted June 20, 2017 The answer resides amid a catalogue of appalling buys by assorted managers. Damningly, Sunderland sold no player on for a profit between August 2011 and January 2017 and have made money on only five of the last 48 they have traded. As Asoro added: “Sunderland have had a lot of money, it’s just they haven’t used it properly.” Wow That surely can't be right Must be a record for a top flight club, Jesus Christ. Link to post Share on other sites More sharing options...
Nobody Posted June 20, 2017 Share Posted June 20, 2017 The answer resides amid a catalogue of appalling buys by assorted managers. Damningly, Sunderland sold no player on for a profit between August 2011 and January 2017 and have made money on only five of the last 48 they have traded. As Asoro added: “Sunderland have had a lot of money, it’s just they haven’t used it properly.” Wow That surely can't be right Must be a record for a top flight club, Jesus Christ. It's bad enough if you just think of it as a 6 year period, but you got to remember the absolutely massive inflation over that period as well Link to post Share on other sites More sharing options...
mrmojorisin75 Posted June 20, 2017 Share Posted June 20, 2017 The answer resides amid a catalogue of appalling buys by assorted managers. Damningly, Sunderland sold no player on for a profit between August 2011 and January 2017 and have made money on only five of the last 48 they have traded. As Asoro added: “Sunderland have had a lot of money, it’s just they haven’t used it properly.” Wow That surely can't be right Must be a record for a top flight club, Jesus Christ. It's bad enough if you just think of it as a 6 year period, but you got to remember the absolutely massive inflation over that period as well It's mind boggling Link to post Share on other sites More sharing options...
Wallsendmag Posted June 21, 2017 Share Posted June 21, 2017 https://twitter.com/CSadler1877/status/877261320441257985 Link to post Share on other sites More sharing options...
shintonsghost Posted June 21, 2017 Share Posted June 21, 2017 imagine supporting a club that made no player profits for 6 years Link to post Share on other sites More sharing options...
Paully Posted June 21, 2017 Share Posted June 21, 2017 :lol: 14:30 Royal Ascot has returned with a vengeance and with it punters are suffering in the 30C+ heat. But the gents in the Royal Enclosure aren't the only people to get hot under their over-starched collars. Radio 4's Today Programme has once again offered its predictions for the perennial race meet. But after appalling form in predicting winners in 2016 - with only one winner - they're slowly becoming known as the Sunderland AFC of racing tips. http://www.bbc.co.uk/sport/live/horse-racing/40303861 Link to post Share on other sites More sharing options...
robm Posted June 21, 2017 Share Posted June 21, 2017 imagine supporting a club that made no player profits for 6 years Didn't they make good money for Henderson? Link to post Share on other sites More sharing options...
Greg Posted June 21, 2017 Share Posted June 21, 2017 imagine supporting a club that made no player profits for 6 years Didn't they make good money for Henderson? Seven years ago. Link to post Share on other sites More sharing options...
Chicken Dancer Posted June 21, 2017 Share Posted June 21, 2017 imagine supporting a club that made no player profits for 6 years Didn't they make good money for Henderson? Seven years ago. 2011 they sold him? Sure it was the summer after we sold Carroll in the January. Link to post Share on other sites More sharing options...
BeloEmre Posted June 21, 2017 Share Posted June 21, 2017 The answer resides amid a catalogue of appalling buys by assorted managers. Damningly, Sunderland sold no player on for a profit between August 2011 and January 2017 and have made money on only five of the last 48 they have traded. As Asoro added: “Sunderland have had a lot of money, it’s just they haven’t used it properly.” Wow Simon Mignolet? Link to post Share on other sites More sharing options...
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