MX23RW : Friday, June 18 00:30:02| >> :600:1248216:1248216:

Report: Sunderland close to finalising £100m takeover deal

Ellis Short is reportedly on the brink of selling Sunderland in a deal worth £100m, with two parties willing to meet his asking price.

Sunderland owner Ellis Short is confident of finalising a £100m takeover deal by the end of the week, according to a report.

The American businessman, involved at the Stadium light for the past eight years, is keen to offload the Black Cats on the back of their relegation last season.

Short was said to be holding out for a bid of £85m to sell the club, but Sky Sports News suggests that a nine-figure agreement is close to being reached in principle.

Two rival bids are reportedly on the table - one from Germany and another from a multi-national consortium, which it emerged on Monday is being led by a group of Sunderland fans.

It is claimed that, should a deal be thrashed out in the coming days, Short will receive £90m up front and a further £10m in add-ons if the Championship outfit earn promotion in the next few years.

Sunderland are currently without a manager following the resignation of David Moyes last month, putting their search for a new boss on hold while they finalise a sale.

ID:300867: cacheID:300867:1false2false3false:QQ:: from db desktop :LenBod:restore:2135:
Restore Data
Share this article now:
Did you know...?
Chairman of Sunderland AFC, Ellis Short, during the launch of a pioneering partnership between Invest in Africa and Sunderland AFC at Stadium of Light on June 25, 2012
Read Next:
Sunderland 'prepared to sell for £85m'

rhs 2.0
Euro 2020 fixtures
Friday, June 18, 2021
Saturday, June 19, 2021
Sunday, June 20, 2021
Monday, June 21, 2021
Todays Game Header Right
1 462781180384289
2 462691183463787
3 4623111260372380
4 462017970422877
5 4622111369501977
6 462281677562174
7 4620141270561474
8 462191665511472
9 461912154646069
10 461910176360367
11 461813156368-567
12 461812165661-566
13 461811176462265
14 46197206367-464
15 461612184946360
16 461512196173-1257
17 461315185057-754
18 461411215380-2753
19 461215195470-1651
20 46139245477-2348
21 461114216178-1747
22 461112234167-2645
23 46134295589-3443
24 46108284070-3038

Subscribe to our Newsletter

Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!