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BLACK CATS’ WOULD-BE OWNERS MUST UNDERSTAND RISKS

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SUNDERLAND fans are entitled to let optimism overflow as the takeover by a four-strong consortium of US investors nears completion.
Lord knows, they have had precious little to shout about over the course of a thoroughly miserable decade.
On the face of it, they’ve hit the jackpot.
Michael Dell, Glenn Fuhrman, Rob Platek and John Phelan – the men behind MSD Partners – are all billionaires. Yet Dell, the founder of Dell computers and the 25th richest man in the world, will not be offering much in the way of either cash or expertise.
As for the others… well, having bi...

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