Fan letters: “There are lucky people everywhere trying to buy football clubs,” says SAFC fan Tom!

Dear Roker Report,

I am really concerned about the sale of the 39% of the shares that Stewart Donald and his sidekick are selling. I have read that they are in talks with a cryptocurrency group known as Fans Together about the possible sale and this worries me greatly as crypto is very very unstable and certainly not suitable for the long-term stability of a football club.

I’m sure they could find a more suitable buyer than this for their shares – unless of course they are deliberately trying to leave the club in a dangerous financial situation just out of spite.

Whatever their reasoning, the FA and the Committee of Fit and Suitable Persons should prevent this from happening to this club and any other football club.

William Wynd

Ed’s Note [Rich]: I really don’t think they care who buys their stock as long as they make some money out of it, and I’m not 100% convinced that – now there’s at least a theoretical football chance of Premier League in the next few years – they won’t try to drag this out as long as possible in order to drive up the price. Take everything they say with a huge pinch of salt.

The FTF deal is dead on arrival – as far as we can tell there is no money, and not even a relevant legal structure – behind them. Donald and Methven must know this – they’re not stupid. Even if no shareholder agreement is in place to give KLD and Sartori veto power over share transfers, it will be ELF that approves any deal through its owners and directors test, not the FA. So all of this begs the question, what is actually behind the FTF stuff?

We will continue to dig.

Photo by Ian Horrocks/Sunderland AFC via Getty Images

Dear Roker Report,

We’ve seen it all before with Donald and Methven. Can they afford to pay the costs of running the club in a higher league? My guess is no. They need to sell. They have to sell.

Do not believe everything that is said in the media. They have a form for that. Do you remember Billy Storey, Mark Campbell? Yes, there are lucky people everywhere trying to buy football clubs, but unless they have the money to show they can afford what they’re paying for, that’s a no-no. starter.

Hope Kyril redeems them or better yet another billionaire wants to come in and get rid of that madrox stench once and for all.

Tom in the village of Sherburn

Ed’s Note [Rich]: I can assure you that the sports media – us and others – usually only report things that come from credible sources, Tom. There are exceptions, but we do our best. The amount of detailed research Davey put into our FTF and crypto history is pretty clear to see, and Sky and Athletic had well-researched histories as well.

The UK has some of the strictest libel laws on the planet, these things are not reported lightly and we all or better try to make sure there is as much substance behind our stories as possible.

I can’t help but agree with your general point about Donald and Methven’s schanigans, though. They want to make as much money as possible from the sale of their shares. TFT’s “curveball” won’t go anywhere in reality, but it puts jet fuel under the whole question and gives the question a sense of urgency.

There are a lot of unanswered questions here, and I hope the Roker Rapport podcasts I’ve recorded on the subject will answer as many as possible.

Sunderland v Sheffield Wednesday - Sky Bet League One Play-Off Semi-Final 1st Leg

“If you buy their cryptocurrency they might let you pay to choose the color of the away kit…”
Photo by Stu Forster/Getty Images

Dear Roker Report,

Very quick question – Does anyone know what was that dance floor that was played about ten minutes before kick off at Wembley against Wycombe that really got the crowd going? Players lined up in the tunnel just before it ended.

Dan Dawson

Ed’s Note [Rich]: Sorry Dan, this one escaped me in all the noise…maybe one of our readers can help me out?

Sunderland v Wycombe Wanderers - Sky Bet League One Play-Off Final

Photo by Marc Atkins/Getty Images

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