Sunderland owner Ellis Short has agreed to sell the club to a group led by Stewart Donald, who is the Chairman of the National League side Eastleigh, located just outside of Southampton.
Sunderland AFC have just issued the news and that came after the news was leaked earlier that Sunderland have sacked Chris Coleman as their manager
Ellis Short – former owner of Sunderland
In the last two seasons, Sunderland have suffered successive relegations and next season will be in League One after they will finish bottom of the Championship this season.
This is the statement Sunderland put out on Chris Coleman:
“Sunderland AFC announces that manager Chris Coleman and his assistant Kit Symons have been released from their contracts,”
“The club would like to place on record its sincere thanks to Chris and Kit for their tireless efforts in what has been a hugely disappointing season for everyone involved with the club.”
“The club is unable to make further comment at this time.”
This is what Ellis Short has said on the sale of Sunderland:
“It is no secret that I have been trying to sell Sunderland but I have waited until the right group came along that have the experience, finances and plan to take this great club back to where it deserves to be.”
“Overall, my Chairmanship has not gone the way I would have wished; the many high points of a decade in the Premier League have been overshadowed by the low points of the last two terrible seasons.”
“I was, therefore, determined to ensure that I leave Sunderland in the best possible hands and in the best possible state to turn the corner.”
“To achieve this, higher offers from less qualified buyers were rejected and I have paid off all the debts owed by the club to leave it financially strong and debt free.”
This is what Donald, Chairman of Eastleigh said:
“Our group have all been involved in building – or rebuilding – football clubs to reach their potential.”
“And we believe over the last decade we have acquired the necessary skill sets to overcome the many challenges that will face us at this huge club.”
Sunderland fans will be pleased that American Ellis Short has finally gone and hope the new owner will be able to help them put a decent team together to come straight back up from League One next season.