Sunderland AFC are currently owned by a holding company by the name of Madrox - which is a holding company set up by chairman Stewart Donald when he acquired the club from Ellis Short in May 20018.
SUNDERLAND'S accounts for their first season in League One confirm the extent to which costs have been slashed under Stewart Donald, but the club still incurred a hefty loss after £20.5m of parachute money was written off as an “exceptional operating expense”.
Sunderland takeover: International consortium agrees deal to buy club | Football News | Sky Sports.
Stewart Donald has confirmed he wants out of Sunderland - and has set an asking price of £37.6m. After pressure from fan groups who had grown disillusioned by his ownership, Donald initially announced in December that he was putting the club up for sale.
The Sunderland owner, Stewart Donald, has agreed a deal to sell the club to a consortium led by minority shareholder Juan Sartori and Kyril Louis-Dreyfus – the 22-year-old son of former Marseille owner Robert – but looks set to retain 15% of his shares. Sunderland are sixth in League One after 10 games.
Trophies WonEqually, Newcastle have now won the FA Cup since 1955, whilst Sunderland last clinched it as a second division side in 1973.
Ellis Short (born October 6, 1960) is a London-based American businessman and founder of Kildare Partners, a private equity fund investing in distressed European real estate assets. Short was also the owner and chairman of English football club Sunderland A.F.C. from September 2008 to April 2018.
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Sunderland have been put for up sale by owner Stewart Donald after fan groups called for his departure amidst a poor run of form. Donald made the commitment that he wouldn't 'outstay his welcome' at the Stadium of Light upon his arrival as chairman, and a statement confirmed he now has 'no option but to sell the club'.
In fact nobody knows for sure why the team are called the Black Cats. Purportedly, in 1805 the south pier at Roker housed a gun battery. One night a soldier heard loud wailing, which turned out to be from a black cat. The battery then became known as the Black Cat Battery.
Grigg joined Sunderland in a reported £4million deal - a record for a League One transfer. "The club desperately wanted to keep Will but this is an offer we simply couldn't refuse," Wigan manager Paul Cook said at the time.
Ellis Short net worth: Ellis Short is an Irish-American businessman and entrepreneur who has a net worth of $1.4 billion. Ellis Short was born in Independence, Missouri in October 1960.
Since the 7th century, when St Peter's Church at Monkweamouth was the home of the Venerable Bede, and played a key role in the development of early Christianity, Sunderland has been world famous for many things - shipbuilding, glass making, coal mining to name a few.
The Guardian reported on Friday afternoon that Stewart Donald has accepted an offer to purchase a portion of his shares in Madrox, the company through which he owns Sunderland AFC. The new majority shareholders would be a consortium of current minority shareholder Juan Sartori, and Kyril Louis-Dreyfus.
Sunderland are 11th in League One. They have never been lower than this. They are no longer a Premier League club that has fallen on hard times; no longer a big club unfortunate to find themselves in the third tier of English football. They are Sunderland of League One.
Administrators were yesterday called into Championship football club Sunderland AFC, after its owners indicated that they could no longer fund the club's huge ongoing losses and bank debt. Bidders are now being sought for the club at £1, but with the commitment that they meet footballing debts of £30 million.
