We have heard this before

[Witney Wag]

A quote from C Methven reads:-

« We aren’t just ‘owners’ – we are custodians of an institution. Risking the future of that institution on some insane gamble on short-term success is irresponsible, and Stewart, Juan and I aren’t going to do it." »

It would appear that our opponents on Saturday have seen their external loans have now been cleared, thanks to Charlie and his Co owners.

This has to be a motivator to beat these boys of Saturday. Come on lads they don’t like it up em. COYY

Read more at: https://www.sunderlandecho.com/spor...s-club-moves-into-new-financial-era-1-9322315

 

[Sith Lord]

Interesting that Satori bought 20%, would be interesting from the more financially astute what this means in cash?
This scenario was not going to work for us, Kassam will not be relinquishing the stadium any time soon and Eales wanted to keep a chunk of shares in the bottom draw.

What could of been!

 

[Witney Wag]

Interesting that Satori bought 20%, would be interesting from the more financially astute what this means in cash?
This scenario was not going to work for us, Kassam will not be relinquishing the stadium any time soon and Eales wanted to keep a chunk of shares in the bottom draw.

What could of been!

According to reports thé purchase price was circa £40m paid in instalments, it would therefore be assumed that Satori paid around £8m for his 20% Charlie holds 6% and unless there are others involved the remaining shares are held by the Donald family. Don’t take this as fact though.

 

[Gary Baldi]

It's good to see Juan cares up there in Sunderland.