We can all draw our own conclusions but this clip includes Stewart's acceptance that he doesn't expect to be able to finance Sunderland's future on his own. He also makes similar comments to those I made recently about Eastleigh FC as an investment opportunity, but in the context of SAFC. He mentions that with zero debt, brilliant facilities, a great fanbase and the potential to attract more support in the region, the club should be ripe for someone to come in and take it to the next level. What are the chances of Stewart selling his stake in SAFC and buying back the interest he sold in Eastleigh FC? Have to say I would if I were him.
Post by unknownquantity on Aug 15, 2019 20:57:07 GMT
Funnily enough I think that the club has often done well when money is tight and there is a good spirit. The first season the club reached the National League South playoffs there was a mid-season pay cut and the form in the second half of the season the results were good. Also in the month before Bridle took over league results were good.
Last season was the nearest the club has ever come to reaching the football league and although Stewart generously funded the existing contracts having a settled side and not a quickly revolving door approach helped and indeed all the players that were signed on one year contracts lasted the whole season and two of them are now playing in the football league.
I just got the feeling he wanted an easy way out in that Sunderland like most clubs would remain a bottomless pit and actually he really would be happy to move on. I just can't see that he could continue to keep Sunderland afloat when he is talking about 3 or 4 million in August which, whatever his wealth is a large amount of money--not really as an investment but to keep his project afloat. He didn't look comfortable at all. I believe he has taken on too big a project-he has admitted that without investment the Club is going nowhere. Can't see that with the amount of money he wants invested that an investor would be happy to hand complete reins to Stewart to spend it as he wished.