Vital Football

Latest Sunderland AFC News

Takeover talks progress...

Takeover talks progress...

Takeover talks between Bob Murray and Niall Quinn's consortium have continued this week with progress said to be going well.

Chairman Bob Murray, vice chairman John Fickling, chief executive Peter Walker and director of marketing and communications Lesley Callaghan all flew to Dublin on Tuesday for further discussions with Quinn and his partners.

The private talks took place at the Great Southern Hotel near Dublin Airport. Both Murray and Fickling were pictured arriving there on the front page of yesterday's Sunderland Echo. Further discussions were due to take place on Wednesday evening at the Stadium of Light, with Murray travelling back to Wearside by helicopter.

Stock Exchange rules mean the club cannot comment on the progress or otherwise of the consortium's bid, although it is believed that the tone of the latest meeting was positive. The club did release a short statement through a spokesman,

'I can confirm discussions between the board and Niall Quinn are ongoing, but because of the takeover code we are unable to comment further.'

The Irish consortium has been involved in the process of due diligence for several weeks, and with no announcement of any progress having been made, fans had started to become anxious. However, news of these recent talks can only be a good sign. With players due to report back to pre-season on June 26, all parties would ideally like to have the situation sorted out before then.

And with shareholders given up to 21 days to decide whether to accept a bid, it is expected that Quinny and co will make a formal bid sooner rather than later.


Click here to join in the debate on the club forum.

Writer:
Date:Thursday June 8 2006
Time: 1:39AM

Comments

0
Is this consortium the Irish Mafia...e.g. Magnier, Tabor & McManus ???
alphieblues
08/06/2006 10:58:00
0
the identity of Quinn's consortium is yet to be revealed, though those names have obviously been linked.
AJames
08/06/2006 13:59:00
0
Quite like their cider though :-)
merlin
08/06/2006 15:03:00
0
This seems to be taking an awful long time to conclude, I should think you'd want this done a.s.a.p.
FEn_100
10/06/2006 15:32:00
0
I agree with FEn_100 Its been goin on ages and they wana apoint a new manager soon and need some money to spend on new players because i dunt think they go up with out buying some decant players.
matty17x
12/06/2006 22:31:00
Page 1/1
  1. 1

Login to post a comment

Recent Sunderland A.F.C. Articles

Moyes Ready For Challenge Ahead With Sunderland

New Sunderland boss David Moyes is looking forward to getting started in his new role after being the man chosen to replace Sam Allardyce.

Moyes Ready For Challenge Ahead With Sunderland

New Sunderland boss David Moyes is looking forward to getting started in his new role after being the man chosen to replace Sam Allardyce.

Steve Bruce Alert

As unlikely as it may seem, a couple of bookies have now changed their favourite for the Sunderland manager's job from David Moyes to Steve Bruce.

Ninth Sunderland Boss In Eight Years Being Sought.

With Sam Allardyce about to be named as the new England boss when a compensation package is worked out, it seems that not everyone is delighted by the up and coming appointment.

Archived Vital Sunderland Articles

Vital Sunderland articles from

Site Journalists

JoJo
Editor email
Profile

Current Poll (see more polls)

Who do you want as the next manager?
Suggested By:
David Moyes69%
Sean Dyche3%
Nigel Pearson3%
Steve McClaren0%
Frank de Boer11%
Ryan Giggs3%
Roberto Martinez0%
Jurgen Klinsmann4%
A N Other7%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 AFC Bournemouth 0 0 0 0 0 0
2 Arsenal 0 0 0 0 0 0
3 Burnley 0 0 0 0 0 0
4 Chelsea 0 0 0 0 0 0
5 Crystal Palace 0 0 0 0 0 0
6 Everton 0 0 0 0 0 0
7 Hull City 0 0 0 0 0 0
8 Leicester City 0 0 0 0 0 0
9 Liverpool 0 0 0 0 0 0
10 Man City 0 0 0 0 0 0
11 Man Utd 0 0 0 0 0 0
12 Middlesbrough 0 0 0 0 0 0
13 Southampton 0 0 0 0 0 0
14 Stoke 0 0 0 0 0 0
15 Sunderland 0 0 0 0 0 0
16 Swansea 0 0 0 0 0 0
17 Spurs 0 0 0 0 0 0
18 Watford 0 0 0 0 0 0
19 WBA 0 0 0 0 0 0
20 West Ham 0 0 0 0 0 0
Latest F1 News
Latest Vital Boxing News

Recent Sunderland A.F.C. Results (view all)

Sunderland A.F.C. Fixtures (view all)

Vital Members League Table

RankNamePoints
1.The Flasher1
2.acid man1