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Most users ever online was 328 on 2012-09-14, 11:57 am

Interesting take over development.

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Interesting take over development.

Post  cyprussyd on 2017-06-19, 3:04 pm

Sunderland fans ready to rival German consortium in takeover bid as Ellis Short looks to sell Black Cats

Exclusive: TV executives from Fulwell73 are ready to buy the club from current owner Ellis Short


  • Miguel Delaney Chief Football Writer 

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[You must be registered and logged in to see this image.]Sunderland are in takeover talks Getty
A consortium led by Sunderland supporters is ready to rival a £50m German takeover bid for the relegated club.
The Wearsiders last week announced that they were putting their search for a new manager on the backburner as talks over a change in ownership became more serious. A German consortium hasheld talks with current owner Ellis Short in London, with the American businessman looking for £90m to sell the Championship club.
However, The Independent can reveal that another consortium comprised of wealthy Sunderland fans is also set to bid. 
Television executives Leo Pearlman, Gabe Turner and Ben Turner are leading a bid that is also believed to count on the support of former Arsenal defender Tony Adams and Chelsea's former business affairs director Paul Smith. 
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Sunderland pledge period of 'reflection' after Moyes departure



Adams, currently Granada's sporting director, is thought to have been offered a role in the new set-up.
Pearlman and the Turner brothers are co-owners of production company Fulwell73, which takes its name from one of the stands at the old Roker Park stadium. 73 refers to the Black Cats' 1973 FA Cup win, when they beat Leeds United at Wembley.
"These guys are huge Sunderland fans and just want to help the club get back to where they should be in any way possible," a source told The Independent.
Sunderland were relegated after finishing bottom of the Premier League last season, prompting David Moyes to leave the club.
Fellow Scot Derek McInnes was lined up to spearhead the club's bid to return to the top flight, but pulled out last week amid fears new owners would want their own man at the helm.
The club released the following statement. 
“Since the end of the season, our focus has been to appoint a new manager.
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Where did it all go wrong for Moyes at Sunderland?



“Recently, however, discussions have been entered into with parties who have expressed an interest in acquiring ownership of the club.
“With this backdrop, we have been unable to give the assurances any potential candidate would need regarding the plans a new owner could have for the manager’s position. The recruitment process, while still very much active, cannot therefore be concluded imminently.”
The statement added: “In talking to parties who have shown interest in acquiring the club, Ellis Short is determined to make sure the best interests of Sunderland are at the heart of any decision regarding its future.
“We are aware of the need to act swiftly to appoint a manager and, to ensure this is the case, have placed a time limit on discussions regarding a sale. If discussions are not concluded within our defined timeframe, we will terminate the process and move forward with plans for the new season."

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Re: Interesting take over development.

Post  mackem72 on 2017-06-19, 3:11 pm

I hope thats for real, what better people to run the club than people who love the club and want us to succeed and not run us into the ground. Not holding my breath about it happening just think would be great for us if it did

footfan footfan
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Re: Interesting take over development.

Post  cyprussyd on 2017-06-19, 3:13 pm

mackem72 wrote:I hope thats for real, what better people to run the club than people who love the club and want us to succeed and not run us into the ground. Not holding my breath about it happening just think would be great for us if it did

footfan footfan
Yes it's almost to good to be true

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Re: Interesting take over development.

Post  cyprussyd on 2017-06-19, 3:15 pm

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[size=30]Fulwell 73[/size]
Television company
Fulwell 73 is a television, film and music Production Company based in London. It was founded in 2005 by brothers Gabe and Ben Turner, Leo Pearlman and Ben Winston. Wikipedia

Founded: 2005
Headquarters: London, United Kingdom
Type of business: Privately held company


Sunderland filmmakers dream to work with SAFC | Tyne Tees - ITV News

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25 Sep 2015 - Standing on a green astro-turf 'red' carpet in London's Leicester Square at the premiere of their first film, the four partners of Fulwell 73 took a ...[/size]

Mover and Shaker – Premiere Passion | Living North

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Formed by three Sunderland fans (and one Arsenal fan) Fulwell 73 are a thriving independent film company who can count David Beckham and One Direction ...[/size]

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Re: Interesting take over development.

Post  sunderpitt on 2017-06-19, 3:49 pm

40,000 fans £100 each is £4m,  £1,000 each is £40m....

Just a bit of arithmetic
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Re: Interesting take over development.

Post  mackem72 on 2017-06-19, 3:53 pm

unless im missing something the post wasnt about 40,000 fans putting x amount in it was about 3 rich SAFC fans who could afford to put something together .
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Re: Interesting take over development.

Post  cretanmakem on 2017-06-19, 4:11 pm

sunderpitt wrote:40,000 fans £100 each is £4m,  £1,000 each is £40m....

Just a bit of arithmetic
A bit dearer than my brick but if they want 'fans' to have a very small stake I'm game for a grand . 
Although I am sure they can muster the 50+ million to buy and another 50+ million for running costs . 
Nice thought though having a small stake in the club .

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Re: Interesting take over development.

Post  cyprussyd on 2017-06-19, 4:29 pm

mackem72 wrote:unless im missing something the post wasnt about 40,000 fans putting x amount in it was about 3 rich SAFC fans who could afford to put something together .
3 very rich fans with some very rich friends.

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Re: Interesting take over development.

Post  cyprussyd on 2017-06-19, 4:46 pm


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Consortium led by Sunderland fans reportedly interested in buying the club
Leading members of production company Fulwell 73 are leading a consortium interested in buying Sunderland, according to the Independent.
SUNDERLANDECHO.COM

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Re: Interesting take over development.

Post  Rovertsafc on 2017-06-19, 4:51 pm

Not for me,not enough money going to be generated to pay off debt and investment in the squad.
These people will not  have enough individual wealth to sort out this mess Short has got us in
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Re: Interesting take over development.

Post  sunderpitt on 2017-06-19, 6:08 pm

cretanmakem wrote:
sunderpitt wrote:40,000 fans £100 each is £4m,  £1,000 each is £40m....

Just a bit of arithmetic
A bit dearer than my brick but if they want 'fans' to have a very small stake I'm game for a grand . 
Although I am sure they can muster the 50+ million to buy and another 50+ million for running costs . 
Nice thought though having a small stake in the club .


Yep tjat is my drift also some sort of 'vote would be good for the money
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Re: Interesting take over development.

Post  Hieronymus on 2017-06-19, 7:06 pm

I wrote to these guys back in the day about their name, asking about their links to SAFC. They did the video for that England team thing with James Corden and a few people on NOT606 I think, we're talking about it so I decided to email them to ask.
I got a lovely email back from them explaining they were huge fans and regularly attended games.  These would be perfect for us, and they have gone from strength to strength since then, so they may well have more than enough funds, or access to people that do. This has cheered me up anyway and I choose to be optimistic about it!  Very Happy
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Re: Interesting take over development.

Post  cretanmakem on 2017-06-19, 7:19 pm

Hieronymus wrote:I wrote to these guys back in the day about their name, asking about their links to SAFC. They did the video for that England team thing with James Corden and a few people on NOT606 I think, we're talking about it so I decided to email them to ask.
I got a lovely email back from them explaining they were huge fans and regularly attended games.  These would be perfect for us, and they have gone from strength to strength since then, so they may well have more than enough funds, or access to people that do. This has cheered me up anyway and I choose to be optimistic about it!  Very Happy
'access to people that do'  guess thats you lol 

Go for it but don't forget your Sundermad buddies , and is Mr H keen to pump millions into our club ? 

Can we have a Sundermad box as part of your takeover negotiatons ?

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Re: Interesting take over development.

Post  vinkel on 2017-06-19, 8:27 pm

What worries me is "too many cooks"

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Re: Interesting take over development.

Post  talcnturnip on 2017-06-19, 8:52 pm

Got a crook in charge now let's try some cooks can it get any worse?

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Re: Interesting take over development.

Post  Vincemac on 2017-06-19, 10:12 pm

sunderpitt wrote:40,000 fans £100 each is £4m,  £1,000 each is £40m....

Just a bit of arithmetic
I did think something in them lines
But then I woke up
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Re: Interesting take over development.

Post  vinkel on 2017-06-20, 7:33 am

Vincemac wrote:
sunderpitt wrote:40,000 fans £100 each is £4m,  £1,000 each is £40m....

Just a bit of arithmetic
I did think something in them lines
But then I woke up
If this group or another similar were to issue say 8000 shares at £5000 a share I'm sure they would be snapped up. Not necessarily by diehard fans.

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Re: Interesting take over development.

Post  cyprussyd on 2017-06-20, 11:23 am

A fan-fronted consortium is trying to buy out Sunderland owner Ellis Short 
The group is believed to be significantly funded by money from the USA 
They are competing with a rival German consortium for the club



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Sunderland fan consortium backed by money from the USA
The consortium, which reportedly includes former Arsenal defender Tony Adams and one-time Chelsea business affairs director Paul Smith, is understood to have…
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Re: Interesting take over development.

Post  Billy D on 2017-06-20, 11:36 am

What a crock of f*cking shite.
That fat unfunny cockney wanker James Corden is part of them.
No thank you.
IO'd rather have Texas Tom as that talentless slug.
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Re: Interesting take over development.

Post  Kipper on 2017-06-20, 12:11 pm

Billy D wrote:What a crock of f*cking shite.
That fat unfunny cockney wanker James Corden is part of them.
No thank you.
IO'd rather have Texas Tom as that talentless slug.

The voice of reason returns Rolling Eyes
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Re: Interesting take over development.

Post  Rovertsafc on 2017-06-20, 1:49 pm

It appears that the F73 boys are getting the backing from Lionsgate,the big movie producers,their worth is 6.2 billion dollars
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Re: Interesting take over development.

Post  cyprussyd on 2017-06-20, 1:54 pm




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Sunderland owner Ellis Short is close to agreeing a deal to sell the club for around £100m

A £100m takeover deal for Sunderland could be agreed in principle by the end of this week, Sky sources understand.
Two rival bids, one from Germany and a second, a multi-national consortium, led by a group of Sunderland fans and financed in part with American money are working night-and-day to reach an agreement with present owner Ellis Short.
Short is keen to sell, with an initial asking price of around £90m, rising significantly if the club wins promotion back to the Premier League in the next few seasons

Short met with representatives from both rival bids in London last week and we understand the German bid remains the favourite to agree a deal with the 56-year-old American.

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Former Newcastle manager Alan Pardew says he would not be interested in taking over at Sunderland

Sky sources understand that a further two bidding groups are interested in purchasing the club. However, the complex nature of the deal means both are unlikely to conclude the due diligence process in time.
While the Germans remain favourites to take a controlling stake in the club, a highly credible bid from a group of wealthy Sunderland fans is also at an advanced stage.
Gabe Turner, Ben Turner and Leo Pearlman from the television production company Fulwell 73 have joined forces with Tony Adams and the former Chelsea chief executive Paul Smith to launch the rival bid.

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Two rival bids, one from Germany and a second, a multi-national consortium, are being considered

Fulwell refers to one of the old stands at Sunderland's former home, Roker Park. The 73, refers to the year they won the FA Cup 1-0 against Leeds United, with a goal from Ian Porterfield.
We understand both bidders are keen to conclude business quickly. The club is without a manager and players are due to return to training in the next few weeks.

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Short bought the club from the Drumaville consortium in 2008 for £90m

Sunderland enjoy a huge fan base, a modern stadium and some of the best training facilities in the country. Despite their relegation at the end of the season, the club are set to receive more than £90m in parachute payments from the Premier League.
Short bought the club from the Drumaville consortium back in 2008 for a reported £90m. Since then he has invested around £200m into the club.














































































































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