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Sunderland: Michael Gray updates fans on potential takeover bid

Sunderland: Michael Gray updates fans on potential takeover bid - League One

Former Sunderland defender Michael Gray has discussed a potential takeover bid that would include him in some sort of capacity.

Back in April 2018, current owner Stewart Donald took over the Wearside club from Ellis Short, but his time in control has come with nothing but criticism which further developed after he made it public that he wanted to sell the club just 19 months into his tenure.

Having failed to sell the club, Donald is now looking to find a new buyer this summer after failing to guide the Black Cats to the Championship from League One in what proved to be a second consecutive failure to gain promotion.

A number of names have been linked with a potential bid with Sammy Yu and Mark Campbell both credited with interest during the last few weeks, whilst former Sunderland defender Gray has also been linked with a possible buyout of the club.

Discussing his potential takeover of the club, Gray has updated fans via his official Twitter account, where he wrote:

“Still processing figures to see if we can come up with a solution..

“As you are all aware it is very complicated. This will not sort itself out overnight. But I’m doing everything I can to help, succeed or fail I’m trying.”

The former Black Cats defender has previously spoken about problems in trying to broker a deal to purchase the club, but speculation has risen again with owner Donald recently claiming that he had reached out to the 45-year-old.

Whilst the likes of Yu, Campbell and Gray all attempt to put together a deal to purchase off Donald, little is happening and you do feel that the latter will be forced to lower his asking price.

The club simply can’t head into the 2020/2021 season without a clear vision and new ownership. If it does, the future could look extremely bleak.

Do you think Gray will be a good person to run the club? Let us know via the comments section below…

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Article title: Sunderland: Michael Gray updates fans on potential takeover bid

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