Sky Sports pundit Kevin Phillips believes that Newcastle United’s takeover is ‘great news’ for Sunderland.
The Lowdown: On the rise
The £305m takeover of the Tyneside club was completed in recent days and brought an end to Mike Ashley’s 14-year reign at the club, with a Saudi-Arabian backed consortium assuming ownership.
With Sunderland having seen Kyril Louis-Dreyfus taking over at the Stadium of Light in February, both clubs have now enjoyed takeovers by billionaires this year.
However, with Newcastle’s future looking like it could replicate Manchester City’s success given the enormous wealth of their new owners, Phillips believes there are benefits to Sunderland from their northeastern rivals’ takeover.
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The Latest: Only positives for Sunderland
Speaking to Football Insider about the impact of Newcastle’s takeover on the Black Cats, the Sunderland legend said: “I think there will definitely be positives to come out of it for Sunderland as well. It is great news because it will bring investment into the north east.
“Look, Sunderland have their own troubles to worry about. They need to get out of League One.
“If Newcastle enjoy success under these new owners it will inspire Louie-Dreyfus. The new owner at Sunderland is ambitious and is already doing great things there. I’m sure he will look up the road at Newcastle and be encouraged by the scenes there.
“The Premier League is a million miles away from Sunderland right now but Newcastle’s takeover can only be positive. It benefits the north east in general.”
The Verdict: Off-the-field positives
It must have been hard for Sunderland supporters to watch their rival fans celebrate their lucrative takeover outside St James Park like they had just won the Premier League.
Wherever Newcastle end up under their new owners, Phillips’ comments have an element of truth to them regarding the investment which could materialise in England’s northeast, and Sunderland could take positives from their rivals’ work and adapt those methods at their own club to improve.
Footballing-wise, there are no discernible positives for Sunderland from this, but commercially and off the field, there will be lots to learn for Louie-Dreyfus as he aims to guide the Wearsiders back to the same level of the pyramid as their Tyneside rivals.
In other news, many Sunderland fans have been reacting to a club update. Find out more here.
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