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METHVEN ON ASKING PRICE

Updated: Mar 3, 2022


After the recent Stewart Donald bombshell, Charlie Methven has also spoken out about the club's ownership...

KEPT AWAY

“Both Stewart and I were fully aware of the desire from a number of Sunderland fans for us to have nothing to do with the running of the club. Therefore, we elected not to take up the three board seats to which we are entitled and kept away from the SoL and AoL, whilst still making our pro rata financial contributions.”


FOR SALE

“To help solve that problem, earlier this week Stewart placed our combined 39 per cent shareholding of the club with a prominent broker for sale at £11.7 million (equal to a club valuation of £30 million). That is a lower valuation than this time last year, despite more than £8million of investment over the last 12 months on infrastructure, players and Covid-related payments.”


SWIFT

“I think that Stewart is now on the record as saying that he wants to go back to Eastleigh, and in general I think that all parties recognise that it’s time to close this chapter swiftly and reasonably.”


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