Sunderland sold third time in 10 years and you honestly believe Mike Ashley trying to sell Newcastle?
News on Friday that Sunderland are in the process of being sold.
A number of American investors are reported to be at an ‘advanced stage’ in taking control of the League One club.
Current owners/directors Stewart Donald and Charlie Methven said to be going to stay on and still play a part in the running of the club.
Who knows if these new owners will bring success to their club but it gives the Mackems hope.
Back in September 2008, Newcastle United was (supposedly) put up for sale by Mike Ashley.
Now 11 years later he still hasn’t been able to find anybody willing to buy NUFC.
It is almost unbelievable…
In the meantime, Sunderland will have been sold three times once this change of control goes through.
In May 2009, Ellis Short completed taking ownership of the Wearside club.
Then in April 2018, Short sold the club to Stewart Donald and his mate Methven.
Now in August 2019, the latest change of ownership is on its way through.
Anybody who honestly believes Mike Ashley has ever been willing to sell Newcastle United should give their head a shake.
Yes, you might say Sunderland is a cheaper buy than Newcastle United.
However, that is not the point.
If something is genuinely up for sale and priced to sell, it will get sold.
Simple fact is that, including this summer, Mike Ashley has had no intention of selling.
The Sunderland Echo report:
‘John Phelan, Glenn Fuhrman and Robert Platek, principals of MSD Partners LP, are leading the bid to take a controlling stake in Sunderland, with tech magnate and long-term business partner Michael Dell involved as a minority investor.
The deal, which would need to be cleared by the Football League, is at an advanced stage.
Dell is not expected to take an active role in the running of the club but will be an investor as part of the deal.’
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