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Mike Ashley (former owner) (still alive)


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There’s a huge part of me that thinks he’ll take this money and semi retire. Football is not his game, the least likely option is him buying another club, but with the high street struggling and so volatile especially after the virus, is it even safe to start buying it all up? I think he might just fuck it all off, take his money and run and let SD manage on its own.

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@ All you Adam Smith types,

 

Is buying the failing brands of the high street good business strategy or is it mental?

 

Right now having cash is king. Stick it in gold if you want to be mega safe. A company as large as SD could burn through 300m quite easily over the next year just fighting the fallout of the virus. Taking more on is a massive gamble, and he’s lost a couple under normal circumstances.

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Guest Howaythetoon

@ All you Adam Smith types,

 

Is buying the failing brands of the high street good business strategy or is it mental?

 

Your money is safer with Nigerian scammers!

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There’s a huge part of me that thinks he’ll take this money and semi retire. Football is not his game, the least likely option is him buying another club, but with the high street struggling and so volatile especially after the virus, is it even safe to start buying it all up? I think he might just fuck it all off, take his money and run and let SD manage on its own.

 

Don't see that. He'll have a point to prove. He always fucking does.

 

He appears to be driven in such a petty way.

 

I'd wager good money, he'll go for the mackems tbh.

 

If not them, then someone else.

 

Also, I don't imagine him even contemplating retirement/semi retirement at the minute. His wealth is down by an absolute shit tonne.

 

At it's peak, his wealth was circa £2bn. I'd be surprised if it's not closer to £500m now.

 

He'll be driven to return to those levels imho.

 

The only thing delaying him getting back into football is that I reckon he'll try to take SD private again. That's whats driven him to getting this far with our sale imho.

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@ All you Adam Smith types,

 

Is buying the failing brands of the high street good business strategy or is it mental?

 

Said it a few times, I don’t get Ashley’s recent strategy at all. Getting deeper and deeper into a failing industry and brands that will never recover. I guess it’s all he knows.

 

If I was him I’d cash out my £500m and retire, but I guess he has that business person drive that never seems to let up.

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Guest chopey

If he buys them for £20 million there is, he has a bonk on for buying failing business and trying to turn them around.

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If he bought the mackems and took them to the Prem they'd be loving him, but then he'll put the squeeze on and do his usual shit. Imagine us being a good side and battering an Ashley owned Sunderland twice a year man. Fucking great.

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Guest chopey

I wouldn't be to sure about that, he has ran Newcastle for 13 years at a profit, if he could purchase Sunderland for a pittance he could turn it around, drinking a pint from a plastic glass surrounded by makems would put him on the same pedestal as the 73 team, that hatrick fella and Bally.

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