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Post by back4more on Aug 3, 2019 22:18:52 GMT
www.youtube.com/watch?v=8njP_Dp4nPU&feature=shareWe 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.
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Post by taylov on Aug 4, 2019 9:45:26 GMT
Seemed to be filmed in a motorway service station with everyone holding their own conversations or is that normal in Sunderland?
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Post by tenacres on Aug 4, 2019 11:52:44 GMT
Yes I noticed that. I assumed at some point early on someone would tap a glass or something and there people would be quiet.
As for Stewart’s future, who knows, I doubt stewart does!
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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.
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Post by stew5018 on Aug 15, 2019 21:58:16 GMT
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.
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Post by back4more on Aug 23, 2019 9:36:38 GMT
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Post by nobadspitfire on Aug 23, 2019 22:04:41 GMT
So. Who thinks it's a given that once SAFC is sold, SD will return to little old Eastleigh? I'm not convinced, myself. I have a feeling he could look at other clubs such as Bolton etc etc. What do others think?
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Post by back4more on Aug 23, 2019 23:06:25 GMT
So. Who thinks it's a given that once SAFC is sold, SD will return to little old Eastleigh? I'm not convinced, myself. I have a feeling he could look at other clubs such as Bolton etc etc. What do others think? I'm guessing Martin that if Bolton were a decent investment then they would not be in dire straights. I also think that if Stewart had no long term interest in Eastleigh he might have sought a buyer and would have found plenty of offers given the club's debt free status and EFL standard facility. Our club won't sustain itself with its current situation. I think many will hope to see Stewart stepping back in. If he doesn't it might be that he will choose to look for another big investor to carry on the work he started. Just guessing though as I said. |
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Post by unknownquantity on Aug 25, 2019 21:57:42 GMT
I think that I once heard Stewart say that he did mot want to sell the club, even if a lot of things have happened since then, but I think that at least he wants to keep his options open.
I think that Stewart made an important contribution last season by honouring the contracts of players who performed well in the last campaign when we had more of a settled side and I think making money available to sign players in positions where we are a bit thin on the ground might be of benefit, and if he sold his share in Sunderland he might be in a position to do again, even if he was also exploring other options at the same time.
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