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Sunderland: Takeover could be completed by October 1st

Sunderland: Takeover could be completed by October 1st - Sunderland News

Fresh reports have emerged claiming a takeover at Sunderland could be completed by the end of September.

Current Black Cats owner Stewart Donald took over the club in 2018 but his time in charge of the Wearsiders has been heavily burdened with plenty of criticism and little success.

Matched with that critique, Donald’s decision to sell the club after just 19 months in charge also caused a backlash from fans.

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A second successive failure to gain promotion from League One to the Championship has further enhanced Donald’s desire to sell and a whole host of potential new buyers have emerged.

Chinese businessman Sammy YuMark Campbell and former Black Cats defender Michael Gray have all been linked with interest, whilst Rich Energy chief executive William Storey is also said to be keen.

With little takeover talk over the last few weeks, it has now emerged that the club could change hands by end of the month.

BBC Radio Newcastle’s Nick Barnes reports talks are ‘progressing well’ over a deal that it could be completed by the end of September with the deal soon to be submitted to the EFL.

Sunderland have made no comment on the claim from Barnes but Sunderland Echo writer Mark Donnelly also shared the news via his official Twitter account.

A deal must be completed soon. Fans of the club have been waiting for a long time now for a change to come and for Donald to leave.

With the new season fast approaching, it does seem to be dragging and the burden of such talk can have an impact on everyone at the club. This update may give everyone hope though that a new dawn is not far away.

Who do you think the new owner of Sunderland will be? Let us know in the comments section below…

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Article title: Sunderland: Takeover could be completed by October 1st

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