ALS’s chief accountant, Giles Mooney, examines our finances and tries to explain them to us in a language we all understand…
It’s amazing how many figures get thrown around when it comes to the valuation of Sunderland. In conversation with Nick Barnes, Stewart Donald has confirmed that he just wants to take out what he has paid in. And, at first glance, that sounds fair.
He then said that the amount paid is £37.6m. Is that right?
It is important that fans understand exactly what is happening with the club and so I have prepared this summary to help fans understand what the current owners have spent and where the above price comes from.