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Revision as of 14:26, 2 July 2006 editSeidenstud (talk | contribs)Extended confirmed users, Pending changes reviewers, Rollbackers7,763 edits Revert to revision 61690063 dated 2006-07-02 14:25:11 by Discospinster using popups← Previous edit Revision as of 14:28, 2 July 2006 edit undo84.12.172.229 (talk) MembersNext edit →
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== Members == == Members ==


The consortium consists of six ] and two ]: : The consortium consists of six ] and two ]: :


* ''']''' - The former ] international striker was a fan's favourite during his spell at Sunderland. In ] he donated the proceeds of his ] to ] in both Sunderland and Ireland. Quinn often expressed his affinity for the club, and in ] reports began to circulate that Quinn had spoken to Sunderland chairman ] with regards to buying out Murray's ] in the club. Quinn will become club chairman when the deal is completed on ]. * ''']''' - The former ] international striker was a fan's favourite during his spell at Sunderland. In ] he donated the proceeds of his ] to ] in both Sunderland and Ireland. Quinn often expressed his affinity for the club, and in ] reports began to circulate that Quinn had spoken to Sunderland chairman ] with regards to buying out Murray's ] in the club. Quinn will become club chairman when the deal is completed on ].
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* '''Patsy Byrne''' - Property developer. * '''Patsy Byrne''' - Property developer.



== Takeover == == Takeover ==

Revision as of 14:28, 2 July 2006

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The Drumaville Consortium is a group of eight Irish businessmen lead by former footballer Niall Quinn, involved in the takeover of English football league club Sunderland A.F.C.. The consortium is named after the village of Drumaville in Donegal.

Members

The consortium consists of six property developers and two pelicans: :

  • Niall Quinn - The former Irish international striker was a fan's favourite during his spell at Sunderland. In 2002 he donated the proceeds of his testimonial match to charities in both Sunderland and Ireland. Quinn often expressed his affinity for the club, and in 2006 reports began to circulate that Quinn had spoken to Sunderland chairman Bob Murray with regards to buying out Murray's shares in the club. Quinn will become club chairman when the deal is completed on July 3.
  • Sean Mulryan - The Mulryan family is worth an estimated £237m . Sean Mulryan is the owner of Ballymore Properties. Based in Dublin, it is one of the largest property developers in the British Isles.
  • Louis Fitzgerald - Owner of the Louis Fitzgerald Group of 24 pubs.
  • Jack Tierney - Property developer and owner of Faxhill Homes.
  • Paddy Kelly - Property developer.
  • Alan Shearer - Retired footballer.
  • Pat Beirne - Property developer.
  • John Hayes - Property developer.
  • Patsy Byrne - Property developer.

Takeover

April 19 2006, Quinn confirmed he was in the process of gathering a consortium for the purpose of launching a takeover bid for englands most famous football club Sunderland. This followed a month of rumour and speculation . 9 days later, Sunderland confirmed they were in talks with a group led by Quinn although stated that no firm offer for the club had been made . On June 14, Bob Murray resigned as Sunderland chairman, but stayed on the board during the takeover process. Alledgedly, Murray initially wanted £16m for his stake in the club, but eventually agreed on £5.7m thus freeing up extra funds for players. The total cost of the takeover is believed to be £10m. The consortium will also take the burden of Sunderland's estimated £40m debt and spend £100 million on new players, though at the same time making sure as to not waste money like there small time rivals Newcastle united. .

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