Stewart Donald anyone.....

Andy1505

Andy1505

Level: Chris Maguire
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www.thesun.co.uk

Sunderland owner Donald turns down shock £70m bid for club from mystery Malaysian

SUNDERLAND owner Stewart Donald has turned down a shock £70million bid from a mystery Malaysian. Millionaire businessman Donald is willing to sell the Black Cats and would eventually pocket some £5…
www.thesun.co.uk www.thesun.co.uk

Says that Donald wants to sell the Mackems in case another project comes up 'such as his old love Oxford United'.....?
 
Just seen this. Interesting because Nixon tends to know his stuff.
 
I would think that £20m upfront would leave him just about breaking even, although £5m a year for the next 5 years might sound good, particularly if they fail to go up this year. Another year in league 1 will come at a pretty big cost, and even if successful next year there will be the funding of a Championship club without the parachute payments to fall back on.

I would guess that the Sunderland experience has burnt SD and he will be looking at getting out before he starts losing big money. On the back of Eastleigh costing him a fair bit without real success, I would have a few concerns about any long term financial security if he came back home.

A nice guy who has helped us many times before, but maybe a little naive when it comes to running a football club.
 
I hope one day we get a naive rich owner who naively gets more than double their money back following their naive running and increasing the value of the football club for just one year.

I can't think of anyone more suited to owning OUFC than SD with his knowledge of the club, being local and business acumen. He is also very open with the fans on social media which is something people want. All Pie in the sky though. He isn't available and there has been no indication OUFC is for sale.
 
Scotchegg said:
I would think that £20m upfront would leave him just about breaking even, although £5m a year for the next 5 years might sound good, particularly if they fail to go up this year. Another year in league 1 will come at a pretty big cost, and even if successful next year there will be the funding of a Championship club without the parachute payments to fall back on.

I would guess that the Sunderland experience has burnt SD and he will be looking at getting out before he starts losing big money. On the back of Eastleigh costing him a fair bit without real success, I would have a few concerns about any long term financial security if he came back home.

A nice guy who has helped us many times before, but maybe a little naive when it comes to running a football club.
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Donald does seem like a nice guy but I do worry about some of the people he takes advice from.
 
I’m sure he’s a quick learner. But then will he lose or gain money especially if he were to sell them having made it back to the championship. Very large crowds are bound to attract a buyer if he is selling.
What’s Charlie M role in all this too?
 
Scotchegg said:
I would think that £20m upfront would leave him just about breaking even, although £5m a year for the next 5 years might sound good, particularly if they fail to go up this year. Another year in league 1 will come at a pretty big cost, and even if successful next year there will be the funding of a Championship club without the parachute payments to fall back on.

I would guess that the Sunderland experience has burnt SD and he will be looking at getting out before he starts losing big money. On the back of Eastleigh costing him a fair bit without real success, I would have a few concerns about any long term financial security if he came back home.

A nice guy who has helped us many times before, but maybe a little naive when it comes to running a football club.
Click to expand...
With respect he knows a lot more than you ref running a football club, and has the money to back himself.
 
But would Tiger accept any offer SD puts on the table? Eales sold to Tiger over Donald because he offered more money, and it is now fairly obvious that Tiger did not do his due diligence, which is why he offered so much cash. Unless Tiger was in dire straights I can't see him accepting a bid from a man who knows the realistic situation with the stadium and thus would only offer a realistic fee for the club.
 
There’s no way Donald will buy Tiger out for a profit as that would mean paying more tan Tiger paid Eales (which was more than Sartori offered) + whatever he’s invested in the last 14 months . I expect they will offer the normal small pay off in return for the club debt free and that relieves Tiger from having to find the staggering losses each year.
 
Pete Burrett said:
Would love to see Stewart Donald in control of OUFC, as much as any non-stadium owning club owner can really be in charge.

If we could get SD on board, would even welcome the other fella back into the fold, but hopefully not in a position of power or authority.
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Thats a bit unfair. Given his dress sense he would make an excellent assistant to the kit man.
 
I thought I read that SD said he wouldn’t but OUFC because the stadium situation makes it unviable? I would love to see him back in his spiritual home but he has to much financial acumen I suspect to see it happen.
I’m also very interested to watch the 2nd season of the Sunderland documentary to see how a certain other individual comes out of it, has he got them single handedly promoted or will he be in the background shaking his head about it all?
As for Sartorial will he be the Sunderland Thorir or Abramovich? For me it’s put his “I could have taken you on a voyage” statement in an interesting context.
At present it looks like Sunderland will need to participate in the play off lottery which can’t have been foreseen when purchasing Will Greig and as others have stated that would scare the bejesus out of me if I was SD.
 
With Sunderland bottling the checkatrade final and likely needing to rely on the playoffs (Pompey and Charlton look the form teams right now), they could be looking at another year in league 1 with wages bills through the roof and a fraction of the parachute payment from this year.

The way things are going it's more likely that Tiger will sell us for a profit and buy Sunderland rather than the other way around!!
 
Scotchegg said:
With Sunderland bottling the checkatrade final and likely needing to rely on the playoffs (Pompey and Charlton look the form teams right now), they could be looking at another year in league 1 with wages bills through the roof and a fraction of the parachute payment from this year.

The way things are going it's more likely that Tiger will sell us for a profit and buy Sunderland rather than the other way around!!
Click to expand...

The parachute payments are a bit irrelevant this season as well as weren't they going to the previous owner as his price for Donald & co buying the club?
 
Marked Ox said:
The parachute payments are a bit irrelevant this season as well as weren't they going to the previous owner as his price for Donald & co buying the club?
Click to expand...

First I've heard of that.....might explain why they didn't splash the cash even more than they did.

But surely the big problem for Sunderland is that if they don't go up this season - then even if they do get promoted next year, they'll then be facing the Championship without any parachute payments, whilst up to nine of their opponents will be receiving them. To stay financially competitive in that league, they would then likely have to run at a substantial loss.

Also worth noting that they sold players over this past summer for more than 25 million.....now they have a squad that's more made up of competent Championship/League One pros, it's hard to imagine that that is repeatable.

It doesn't look like a financially lucrative situation to me, so if someone else is willing to buy the club and make him a small profit, might be a sensible idea to do so!
 
Scotchegg said:
With Sunderland bottling the checkatrade final and likely needing to rely on the playoffs (Pompey and Charlton look the form teams right now), they could be looking at another year in league 1 with wages bills through the roof and a fraction of the parachute payment from this year.

The way things are going it's more likely that Tiger will sell us for a profit and buy Sunderland rather than the other way around!!
Click to expand...
?
 
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