| Mick to Sunderland.. 12:54 - Mar 26 with 1738 views | RedX |
Talk over here is that Mick will be back at Sunderland next season if Niall Quinn/consortium take over the club. |  | | |  |
| Be interesting to see how.... on 13:03 - Mar 26 with 1660 views | Bloots |
...the consortium approach the debt if they do take it on.
I doubt anything will happen until they know what league they are going to be in.
It's about £70m isn't it? That's a lot to take on in the 3rd Division.
If they stay in the Championship and get Mick in it will probably only take an extra £10m on the players to get them in with a chance. Similar to what Evans tried, but with the wrong managers in charge. |  |
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| Be interesting to see how.... on 13:13 - Mar 26 with 1579 views | Radlett_blue |
| Be interesting to see how.... on 13:03 - Mar 26 by Bloots |
...the consortium approach the debt if they do take it on.
I doubt anything will happen until they know what league they are going to be in.
It's about £70m isn't it? That's a lot to take on in the 3rd Division.
If they stay in the Championship and get Mick in it will probably only take an extra £10m on the players to get them in with a chance. Similar to what Evans tried, but with the wrong managers in charge. |
Sunderland appear likely to go into admin. They owe £69m to owner Ellis Short, but another £68m to Security Bank Corporation, a Filipino bank.
No-one is going to take on that debt. Short may be willing to write off what is due to him, but you wouldn't think that the bank would do so. Especially as they are heading for the 3rd tier. |  |
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| Be interesting to see how.... on 13:54 - Mar 26 with 1405 views | Reuser_is_God |
| Be interesting to see how.... on 13:13 - Mar 26 by Radlett_blue |
Sunderland appear likely to go into admin. They owe £69m to owner Ellis Short, but another £68m to Security Bank Corporation, a Filipino bank.
No-one is going to take on that debt. Short may be willing to write off what is due to him, but you wouldn't think that the bank would do so. Especially as they are heading for the 3rd tier. |
Plus why would Niall Quinn want to buy Sunderland again?! |  |
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| Short has already said that.... on 14:19 - Mar 26 with 1339 views | Bloots |
| Be interesting to see how.... on 13:13 - Mar 26 by Radlett_blue |
Sunderland appear likely to go into admin. They owe £69m to owner Ellis Short, but another £68m to Security Bank Corporation, a Filipino bank.
No-one is going to take on that debt. Short may be willing to write off what is due to him, but you wouldn't think that the bank would do so. Especially as they are heading for the 3rd tier. |
....he will write off the debt owed to him.
He's effectively giving the club away, but with £70m of debt.
A new owner may think it's worth it, if they can get back to the Prem in the next couple of years.
But that will be far more difficult from Division 3. | |
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