In a statement, Mr Donald said: Eastleigh and Oxford are different cases to each other and, of course, smaller than Sunderland. there's always trepidation when it comes to new ownership. ", "Stewart Donald invests more than 500k to buy Oxford United stake", "Who is Stewart Donald? Provided the EFL ticks the right boxes on the proposed new ownership deal, which is highly likely, then in my opinion Sunderland AFC have pulled off a major coup in selling the majority. Although hes nowhere near Man City Sheikh level, Mr Donald is a multi-millionaire. 11. We had a project on the football side that involved strengthening the academy and having a higher playing budget. It involved real estate and the stadium. A potential multi-billion takeover of Manchester United follows the multi-billion purchase of Chelsea last summer - reshaping what the top of the Premier League looks like. The Sunderland family name was found in the USA, the UK, Canada, and Scotland between 1840 and 1920. On This Day (1st May 1993): Butchers Sunderland claim an unlikely three points at Roker! The Washington Commanders will soon have a new owner. Arthur Blank NET WORTH: $6.1 . He told the Oxford Mail : I am sad about it, but what can you do? ', Sunderland's Grant Leadbitter, right, celebrates successfully converting the decisive penalty with his team-mates during the EFL Papa John's Trophy Semi-Final match between Sunderland and Lincoln City at the Stadium of Light on February 17, 2021. [7] He agreed to sell Eastleigh so that he could own Sunderland. "The previous management said there were parachute payments to fill some of that gap, but that ignored the fact that there was also a net transfer deficit of 20m (money owed to clubs on previous transfers). 'Kyril's commitment, acumen and integrity convinced us to accept his proposal,' Stewart Donald, the deep-pocketed former chairman, told the BBC . If that kind of money doesnt get you excited then perhaps Sartoris father-in-law might. Pic: Chris Vaughan - CameraSport via Getty Images. He is said to have invested around 7m in Eastleigh, and left them debt free. This means that we may include adverts from us and third parties based on our knowledge of you. Be the first to read breaking news, the best sports coverage & top entertainment stories. Stewart Donald may be facing decision time at the Stadium of Light as rumours circulate about new investors at Sunderland AFC, Get our FREE Sunderland newsletter emailed daily to your inbox by subscribing below. Under Kyril Louis-Dreyfus, Sunderland have returned to the Championship and have enjoyed a solid return to the second-tier having had a renewed focus on adding young talent to Tony Mowbrays first-team squad. Under Johnson, results haven't exactly improved, but only one loss in seven games does prove there are some promising signs. In short, we are rolling our sleeves up to do what needs to be done to ready this club to start competing again.. Bold and ambitious, Aries dives headfirst into even the most challenging situations. The . During his time as Sunderland's executive director, Methven helped improve the club's finances and their marketing strategy.
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