sunderland takeover

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The exact wealth of the trio is unknown, but reports have suggested that two of three are billionaires in their own right. Where the club once made £95.6m from its media it dropped to £48.8m in 2018. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Last month, current Sunderland owner Stewart Donald had identified his preferred bidder. Essentially, the firm who these men belong to invest in companies that they believe can be successful through “experienced investment, risk management and infrastructure personnel with extensive depth and breadth across asset classes.”. Bordeaux have reportedly slapped a £5million price tag on the youngster, and any move could be good news for the Black Cats - who have a 10 per cent sell-on clause as part of the deal that took Maja to France. Phelan, Fuhrman and Platek will be controlling shareholders, three partners who will be supported by Michael Dell - who will also be an equity investor and will also take a shareholding. Hopefully time will prove this takeover to be the start of a successful future. Learn how your comment data is processed. The Sunderland chairman denied this. Stewart Donald says he is actively trying to sell Sunderland AFC, but Chronicle Live hears claims that he is making the process awkward, Get the latest SAFC transfer news straight to your inbox by signing up to our FREE newsletter. The deal was for £60 million per season; however, the deal lasted just six months. That accusation follows reports that a takeover is being complicated because of the £20m issue in Sunderland’s financial books where the current … “With the right plan, people, and funding, they have almost unlimited potential and there are very, very few clubs that any passionate football fans would get excited about but I think Sunderland are, to say the least, a sleeping giant.”. Probably... Oh, and stop bloody moaning about team selections and subs man... we’re winning games, and that’s all that counts - even if your midfielder/forward/right back is now your best left centre half! After the end of the transfer window, the Black Cats are also exploring the free agent market for another centre-back after suffering several injury setbacks in that position. After Sunderland go six unbeaten in League One this season we again ask our panel for positives and negatives following the midweek victory at home to Crewe Alexandra! Clever acquisitions not only boost the club’s bank account, but also provide the money required for further investment if efficient management is in place to ensure income and expenditure is monitored wisely. The purpose of MSD Capital is to make investments that consistently generate superior absolute risk-adjusted returns over the long-term. Storey, who was recently involved in a venture in Formula 1, insists his bid is the best on offer and once the non-disclosure agreement has expired, which he says is “in the hands of lawyers’, he will be able to say a lot more. Sunderland AFC transfer news RECAP: Decision time for Cats-linked left-back plus promising injury update revealed. However, after waiting over a week with no contact, the group reached out to Donald again and received no reply. BBC Newcastle are reporting that Sunderland’s ownership situation will reach a conclusion soon, with the billionaire American investment group led by John Phelan, Glen Fuhrman, Rob Platek and Michael Dell set to take up a majority stake in the club. As reported by the Echo, Sunderland’s players are set to return to the Academy of Light on Wednesday, July 29 to begin their preparations for the new League One season. Talking Points: Sunderland 1-0 Crewe - O’Nien the Chameleon! Player Ratings: Sunderland 1-0 Crewe - Mackems efficient in picking up 3 points & clean sheet! John Phelan, Glen Fuhrman and Rob Platek are all senior partners at MSD Capital - the private investment firm of Michael Dell, the Founder and CEO of Dell Technologies.

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