Sport: Sunderland close to takeover by US firm - PressFrom - United Kingdom
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SportSunderland close to takeover by US firm

11:55  23 august  2019
11:55  23 august  2019 Source:   skysports.com

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David Moyes quit Sunderland at the end of the season following relegationCredit: Rex Features. He wants reassurances over the transfer budget available to him to transform Sunderland 's squad. McInnes is still interested in speaking the Black Cats, so he can make a more informed decision about

Sunderland close to takeover by US firm © Getty Sunderland fans are close to seeing a second change of ownership in 15 months at the club

Sunderland are close to being taken over by American investors MSD Capital.

The group presided by Glenn Fuhrman, John Phelan and Robert Platek are close to agreeing a deal to take a controlling share in the club from current owner Stewart Donald, who will remain on the board with a reduced stake in the club.

MSD Capital also include multi-billionaire Michael Dell, the tech magnate behind Dell Technologies ranked as one of the richest men in the world by Forbes, although Sky Sports News understands he won't be hugely involved in the running of the club.

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Sunderland are close to being taken over by American investors, The Times has learnt. The Sky Bet League One club hope to conclude a deal within a fortnight with Glenn Fuhrman, John MSD Capital, a private investment firm , is close to completing a takeover of SunderlandGREIG COWIE/BPI/REX.

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Sunderland close to takeover by US firm © Getty Stewart Donald is ready to sell a controlling stake in Sunderland after 15 months in charge of the League One club

Donald, who bought the League One club for £40m in May 2018, told fan podcast Roker Report last week that the deal is 'hugely exciting'.

"We've got a preferred partner, someone that we think can really do what we've talked about doing and come with us to take the club to the next level," he said.

"I hope that we can get the deal over the line because I think it's a hugely exciting deal for all the right reasons."

Sunderland close to takeover by US firm © Reuters

The new group, who are still doing due diligence ahead of completing a takeover, were at the Stadium of Light on Saturday to witness the Black Cats' win against Portsmouth.

A takeover by American businessman Mark Campbell fell through in June after the investor pulled out over fears he would bankrupt the club.

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Sunderland came close to winning a third successive league championship in the 1893–94 season, finishing second behind Aston Villa. Drumaville Consortium takeover and Ellis Short era (2006–2016). Former player Niall Quinn led the takeover of the club in 2006, and spent six more years at the

Meanwhile, the Sunderland owner, Ellis Short, has shelved takeover talks after deciding a sale “would not be in the best interests” of the club. Sunderland released a statement confirming that talks with potential buyers had ended and that Short will remain at the helm. “Recently, we informed supporters

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