Stewart Donald confirm that the league one side Sunderland is for sale. On Tuesday, the club release a statement No option but to sell This was due t
Stewart Donald confirm that the league one side Sunderland is for sale.
On Tuesday, the club release a statement
No option but to sell
This was due to the fans protest against Donald’s adminstration.
Sunderland end home struggles with win
“Coordinated, ‘no turning back’ campaigns of this kind against owners are highly unusual at any club – particularly after 18 months,” read the statement.
“Given these circumstances, and Stewart Donald’s sincere commitment on his arrival at Sunderland AFC that ‘I won’t outstay my welcome’, the Board feels that it has no option but to sell the club.
“That process has now commenced. Owing to confidentiality agreements, there will be no further updates until a preferred bidder is identified.”
Ellis sold the club to Donald back in May 2018 after consecutive relegation from the premier league to the third tier League one and currently sit Ninth on the log.
The Black Cats are currently ninth in League One and fan groups called for the club to be sold following the goalless draw with Bolton on Boxing Day.
Sunderland say Donald met with supporters earlier in December and had promised to “invest significantly” in January, but he has since decided to sell the club after being urged to go by fans.
“Given the scale of the task on arriving at the club and the amount of hard work put in over the last 18 months, the current owners would have preferred more time to complete the job and fully implement the vision originally laid out,” the club statement added.