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Post  cyprussyd on 2019-04-21, 12:31 am

Sunderland owner Stewart Donald has turned down an offer for the club by mystery Malaysian bidder
But the approach has been snubbed because of the number of instalments in the package.
The Malaysians are willing to pay a guaranteed £45m with a further £25m if Sunderland make it to the Premier League.

However, the up-front money is only £20m and the rest of the cash would be paid over the next five years at the rate of around £5m a season.
Donald, 44, is also talking to other parties and wants the guaranteed cash to be paid quicker in case another project comes up — such as his old love Oxford United.
The Stadium of Light chief has just over 70 per cent of the club and could make a fortune for a season’s work — and the Wearsiders have not yet clinched promotion.


Sunderland are in talks to sell the naming rights of the Stadium of Light - and are using their Netflix documentary to attract would-be sponsors.

SunSport understands the Black Cats have been speaking to an energy company and a betting firm about a possible money-spinning deal.
Donald revealed earlier this season that he was open to the idea of renaming their ground to create a new revenue stream.


Last edited by cyprussyd on 2019-04-21, 9:38 am; edited 1 time in total

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Post  Guest on 2019-04-21, 4:02 am

No big surprise this , Mr Donald is a business man and a football fan ( Oxford , Eastleigh , Sunderland not all his eggs in one basket ( wee ref to another thread )). I am confident he will do 'right' by our club . If an offer that benefits us and himself comes in then he would be foolish not to consider it . I fully expect if we achieve promotion and mid table next season it is unlikely Mr Donald will be with us , or at a minimum have a lesser role with a  significant financial backer for a large portion of his ownership .
Reality is , he has done nigh on miracles to turn our failing club around and he will forever be seen as our saviour . But he has always maintained his financial clout can only go so far , Juan may be an option , Oligarch money must be nice . 
We all know the finances needed to push for Premier football and the cost of maintaining that position , Stuart will find our money men to continue his legacy with or without him . KTF .
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