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Post by rugbytoffee on Nov 30, 2016 20:07:38 GMT
Sunderland have denied that owner Ellis Short is actively trying to sell the club, even though he has had a brochure created to advertise the benefits of buying the Premier League strugglers. Short has been interested in selling Sunderland for several years, but the emergence of the brochure, which was produced by New York-based investment bank Inner Circle Sports, suggests he is increasing his efforts to find a buyer. The Daily Telegraph understands that Short has discussed a potential takeover with a number of interested parties over the last few months, but has been unable to agree a fee. The American has asked for a down payment of between £150 million to £170 million, but also wants to guarantee he receives another £70 million if the Black Cats stay in the Premier League at the end of the season. The brochure lists a series of selling points to try to make Sunderland sound like an attractive investment opportunity, but ignores the fact the team has battled against relegation for the last five years and makes no reference to the fact it was one of only two top-flight clubs to operate at a loss last year. The club responded to questions about the brochure with an attempt to claim it was nothing unusual.
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Post by Avinalaff on Dec 1, 2016 0:01:06 GMT
How long ago was it that they were taken over and invested in?
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Post by rugbytoffee on Dec 1, 2016 8:12:43 GMT
How long ago was it that they were taken over and invested in? In September 2008
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