Archive for May 11th, 2007

All the president’s men: in Red and White

Friday, May 11th, 2007

Steve2
Talk about keeping the faith.

Not even at the start of last season, but four straight defeats into it, Steve Cram – ace distance champion, BBC athletics commentator and president of the London and Southern England branch of the Sunderland Supporters’ Association – decided to have a flutter.

He did not put a fiver on when Niall Quinn might sack himself as manager, or on the identity of the man who’d replace him. He put it – and this will strike a chord with our new sponsor Boylesports – on Sunderland winning promotion. And got odds of 25-1.

The winnings paid for a decent weekend away. Steve does not say what his fellow talking head at Radio 5 Live, Mike Costello, did with his (and Mike, though not a SAFC fan, got 28-1 by shopping around).

Steve, as you might imagine, is thoroughly chuffed at the way things turned out. If you choose to read on, you will see how supporting the Lads has brought him much grief, too, entertaining as some of that grief happens to be.

I propose to leave the original article, as slightly amended by me when I posted it here, largely untouched. This is the update.

Steve kept the box he has had since Roker Park. He became gloomy, but not unduly so, in the miserable recent past, and he still admires Bob Murray for his legacy of stadium and Academy, while fully believing the time had come for a change at the top.

His dad, the retired bobby, is alive and well and is the box’s most regular user. Josephine – she would prefer me to call her Josie, I gather – and son Marcus are away at school, respectively 17 and 14 now, and both still follow the team, Josie rather more fervently than her brother.

In a school where not all her peers necessarily share her passion for football, she has persuaded an Everton-supporting head of house to make sure the common room TV is switched to Sky when Sunderland are on. She has also made Leeds her first university choice, to make trips back for games all the easier.

And Steve is buzzing about the season to come, but considers that, well as the squad did in the season just finished, Roy Keane needs to make several key acquisitions if we are to become a seriously competing top 10 sort of side.

“There are no guarantees people he brings in will perform for us as well as they have elsewhere,” he reminds us. “But Keane has such stature in the game that good players will want to come rather than having to be persuaded with the carrot of lots of money.”

(more…)

Drumming up cash for a bargain buy

Friday, May 11th, 2007

Iantodd
By Ian Todd*

Bored with the non-event between Chelsea Reserves and Manure Reserves last night, I started to thumb through the recent Sunday Times Rich List and then went and got the Drumaville proposal out
of the file.

Drumaville bought the club for £10,012,275 which, even with our debt which is itself covered by the property valuation, seems a snip in comparison with the sort of figures being bandied around at the moment by alleged bidders for other clubs, even Leeds for heaven’s sake, who do not own their grounds.

Only three of the eight consortium members appear in the Rich List.

Of these Patrick Kelly put the most (£2.363m) into the consortium and is reckoned to be worth £67m.

Patrick Byrne and Louis Fitzgerald each put £1.182m into Drumaville and are reckoned to be worth £40m (half share, I presume, with his brother of £80m) and £85m respectively.

That’s a total of £192m without the other five members! Mere pocket money at least to these three! And, it seems an incredibly good bit of business.

Roy Keane is reckoned to be worth £36m.

Incidentally, Uncle Bob no longer appears in the Rich List which means he is now assessed as worth less that £70m.

* Ian Todd, pictured above, is the founder of the London and Southern England branch of the Sunderland AFC Supporters’ Association. Anyone who qualifies geographically – and I do in the south of France, presumably because it is my nearest branch! – should write to him at SAFCSA Membership, 8 Wyke Close, Isleworth, Middlesex TW7 5PE