Sunderland 16:06 - Feb 22 with 2510 views | No9 | News on the radio this afternoon Ellis Short, Sunderland owner is ready to give the club away to anyone who will take the debts as well. | | | | |
Sunderland on 16:09 - Feb 22 with 2442 views | giant_stow | He's dreaming innit?! If they owe at a total guess £100m, then that's a bludy high price for a club about to go down to league 1. | |
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Sunderland on 16:15 - Feb 22 with 2379 views | GlasgowBlue |
Sunderland on 16:09 - Feb 22 by giant_stow | He's dreaming innit?! If they owe at a total guess £100m, then that's a bludy high price for a club about to go down to league 1. |
Simon Jordan was on TalkSport yesterday talking about this. He said that no potential owner is interested in a club that will most likely be playing in the third tier next season with a squad on massive wages. He reckons most investors aren't interested unless clubs are challenging for the play offs. | |
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Sunderland on 16:20 - Feb 22 with 2329 views | giant_stow |
Sunderland on 16:15 - Feb 22 by GlasgowBlue | Simon Jordan was on TalkSport yesterday talking about this. He said that no potential owner is interested in a club that will most likely be playing in the third tier next season with a squad on massive wages. He reckons most investors aren't interested unless clubs are challenging for the play offs. |
That's far more believable, not that I know anything about valuing football clubs or businesses. I would have thought the only possible buyers of Sunderland would be a fans grouping of some sort and they'd need / want all the debt written off, no? Otherwise, they'd be on a hiding to nothing. | |
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Sunderland on 16:28 - Feb 22 with 2270 views | No9 |
Sunderland on 16:09 - Feb 22 by giant_stow | He's dreaming innit?! If they owe at a total guess £100m, then that's a bludy high price for a club about to go down to league 1. |
I think the debt they mentioned is circa £130 Mn How many others are in a similar position? Are we looking at a potential end for some famous clubs? | | | |
Sunderland on 17:16 - Feb 22 with 2077 views | Radlett_blue |
Sunderland on 16:28 - Feb 22 by No9 | I think the debt they mentioned is circa £130 Mn How many others are in a similar position? Are we looking at a potential end for some famous clubs? |
Well, Short has stopped putting much money in but if he wants out of Sunderland he's going to have to write off all the debt & accept a lot less than £50m, especially if they go down. Like many new owners of English football clubs, I wondered about his motivation to buy Sunderland (as I wondered about Evans's to buy Town) & I do remember predicting that Short would lose money. Unless you can find a "bigger fool" to sell the club on to, owning a football club is a mug's game. | |
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Sunderland on 19:14 - Feb 22 with 1817 views | No9 |
Sunderland on 17:16 - Feb 22 by Radlett_blue | Well, Short has stopped putting much money in but if he wants out of Sunderland he's going to have to write off all the debt & accept a lot less than £50m, especially if they go down. Like many new owners of English football clubs, I wondered about his motivation to buy Sunderland (as I wondered about Evans's to buy Town) & I do remember predicting that Short would lose money. Unless you can find a "bigger fool" to sell the club on to, owning a football club is a mug's game. |
I agree and think we may be entering a new phase of English football. | | | |
Sunderland on 21:37 - Feb 22 with 1650 views | WicklowBlue |
Sunderland on 17:16 - Feb 22 by Radlett_blue | Well, Short has stopped putting much money in but if he wants out of Sunderland he's going to have to write off all the debt & accept a lot less than £50m, especially if they go down. Like many new owners of English football clubs, I wondered about his motivation to buy Sunderland (as I wondered about Evans's to buy Town) & I do remember predicting that Short would lose money. Unless you can find a "bigger fool" to sell the club on to, owning a football club is a mug's game. |
Sounds strangely familiar...... | | | |
Sunderland on 22:21 - Feb 22 with 1550 views | BloomBlue |
Sunderland on 19:14 - Feb 22 by No9 | I agree and think we may be entering a new phase of English football. |
A lot of clubs will close, that was always going to happen when all the money was flooding in from companies like Sky and BT it isn't going to be sustainable. The annoying thing is football fans could stop it by all cancelling their subscription to Sky and BT | | | | Login to get fewer ads
Sunderland on 00:46 - Feb 23 with 1439 views | ElderGrizzly |
Sunderland on 16:28 - Feb 22 by No9 | I think the debt they mentioned is circa £130 Mn How many others are in a similar position? Are we looking at a potential end for some famous clubs? |
Think Swiss Ramble said they had lost £200m during their time in the PL. Quite impressive given the money up there | | | |
Sunderland on 09:24 - Feb 23 with 1262 views | FinidiCentenary | It's the perfect time for Evans to make an announcement then. If anyone is seriously looking to take a club £130m in debt losing £2m more a month, I'm sure they'd be more interested in a better placed club £90m in debt losing £500k a month. | |
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Sunderland on 09:31 - Feb 23 with 1247 views | MJallday |
Sunderland on 16:28 - Feb 22 by No9 | I think the debt they mentioned is circa £130 Mn How many others are in a similar position? Are we looking at a potential end for some famous clubs? |
no business can sustain losses of the amounts being talked about - us, sunderland, doenst matter. the time is running out - and i reacon within the next 10 years youll see a fair few clubs go by the wayside. | |
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