Date:Thursday July 27 2006
Niall Quinn's Drumaville consortium have taken over full control of the club.
The deadline for shareholders to accept the bid of Niall Quinn's Drumaville consortium was reached today at 1pm, and at 5pm today, the group released a statement confirming that they had been successful in their bid.
While the consortium did not quite reach the desired figure of 90%, acquiring 89.17% of the shares, the consortium are expected to reach the 90% mark with some shareholders late to respond, and some shareholders having filled their forms in incorrectly.
Chairman-elect and manager Niall Quinn decalred,
'It's great news, I'm thrilled. My staff, the players and the fans now all know which direction they are heading.
'It's a great feeling and it could not have come at a better time.
'I really feel now that together we can all get the job done, the direction is carved out.'
Following completion of the deal Quinn revealed that he had already lodged three bids for players by fax. It's the kind of activity Sunderland have been praying for since rumours of the takeover began. Let the games begin!
Mannone Plays Against Arsenal. (Thursday October 23 2014)
Sunderland Sign French Defender On Loan (Thursday October 23 2014)
Poyet Insists Coates Was Fit When He Signed. (Thursday October 23 2014)
Poyet Faces Press After Most Embarrassing Moment (Saturday October 18 2014)
Koeman In Shock After Sunderland Rout. (Saturday October 18 2014)
Sunderland Steam-Rollered By Southampton (Saturday October 18 2014)
Stats: Southampton v Sunderland (Saturday October 18 2014)
Southampton vs Sunderland: Team News (Saturday October 18 2014)
Black Cats Face Southampton. (Friday October 17 2014)
Brown Praises Vergini. (Thursday October 16 2014)
|15. Leicester City||8||2||3||3||-2||9|
|16. Crystal Palace||8||2||2||4||-3||8|
|Going for Three Points This Time!
» Chelsea : 24/10/2014 22:00:00
|Liverpool: Lawro Predicts 2014-15 - Hull (Home)
» Liverpool : 24/10/2014 20:00:00
|Villa to Sign Cleverley in January!
» Man Utd : 24/10/2014 18:43:00
|Pearson On Competition amp; Swansea Threat
» Leicester City : 24/10/2014 18:31:00
|Pellegrini Expecting Tough West Ham Test
» Man City : 24/10/2014 18:17:00