It turns out that Stewart Donald will be majority shareholder at the club after all, as long as his takeover is approved by the EFL. It was initially suggested that he was head of an international consortium, who would be the main money men, but it turns out he is richer than first thought and will be running and funding our club. It’s thought that he’ll bring further investment in if/when we finally return to the top flight.
His first job will be to appoint a manager after making sure that Chris Coleman was sacked before he took over. Chris Wilder and Michael Appleton among the bookies’ favourites, but ALS understand that Chris Wilder is now the clear front-runner for the job following on from his much publicised falling out will the owners at Sheffield United, with the former Oxford manager going as far as to say: “If it stays the same (at Sheff Utd) I don’t think anybody would be surprised if I didn’t question where my career is going,”
It’s expected that Donald will be at the Wolves match on Sunday, but we understand he’ll be keeping a low profile!
ALS have been informed that the sacking of Chris Coleman was due to financial reasons in an effort to avoid a clause that would have seen him pocket £1.7m. The gaffer’s dismissal on Sunday was announced just moments before news of the takeover broke and now it seems that the Welshman’s reign was cut short to save the club that extra money. Coleman allegedly received only £300,000 (ed- ONLY!) compensation after he was let go and it now appears that, if he was shown the door under new ownership, that compensation would have risen to £2m. Many will claim this is a slightly callous move by the club but hopefully it’s the first signs that a more common sense approach is being taken when it comes to finances.
On the playing side it looks as though Rennes will step up their bid to keep loanee Wahbi Khazri there next season. The 27 year old has been in impressive form for the French outfit and their president is keen to see the Tunisian remain there, a move that will benefit both parties as we'd struggle to pay his wages while in League One. Oliver Letang (Rennes President) explained: “His future will depend on him. We are very happy to have him as he has an exemplary mentality and is full of enthusiasm. Wahbi has found an environment in which he has flourished, he has been re-positioned as an attacker, he enjoys a lot of freedom on the pitch and he feels fulfilled. He is good and of course there have been discussions with Wahbi and his representatives.”
To celebrate being complete and utter shite once again, we’re bringing bring back this classic t-shirt from the 05/06 season. Looking back to those halcyon days under Mick McCarthy when we managed to amass an incredible 15 points to see us relegated from the Premier League.
Don’t worry we will reach those lofty heights again but until then we can take comfort in the fact that we’re all... still here when we are shit! Hardcore fans and Sunderland till we die, whichever league we are in and whoever owns the club. Players, manager and chairman come and go. Fans remain. We are the club… click here to view product
