Sunderland's new owner speaks after completion of takeover givemesport.com - Harry Sherlock. Sunderland joined The Football League for the 1890–91 season. The 23-year-old is the son of former Marseille owner Robert Louis-Dreyfus and becomes the youngest chairman in English football. With Sunderland looking forward to brighter days amid suggestions a takeover could soon be complete, ... fans won't need reminding that new owners do not necessarily ensure on-field success. By Joe Nicholson. Contacts close to Louis-Dreyfus in France reveal that he has earmarked £60million for new faces for Sunderland. The 38-year-old held face-to-face talks with the Sunderland board and emerged as their preferred choice … Tom Watson became Sunderland's first manager when he was appointed in 1888. Wednesday, 10th March 2021, 5:55 pm. “When we entered into negotiations with Ellis Short three years ago, Sunderland was nearly £200 million in debt, was losing £35 million per annum, and had all but been relegated to League One. Sunderland AFC’s owners are targeting a valuation of as much as 40 million pounds ($52 million) as they seek a buyer for the U.K. soccer team, people with knowledge of the matter said. The Black Cats have finally been sold and it is the 23-year-old billionaire Kyril Louis-Dreyfus who has assumed … Louis-Dreyfus said: “I would like to thank Stewart, the Board of Directors and the EFL for their diligence and support throughout the recent process. dailystar. 14. Several British media write that Kyril Louis-Dreyfus is very close to becoming Sunderland’s new owner. The Frenchman has bought a … Kyril Louis-Dreyfus has completed his takeover of Sunderland, becoming the youngest owner in the club's history at the age of 23. Sunderland are going to Wembley and have a new owner - it’s not been a bad week! Here's all the key stories. *, Watch: Brilliant Bruno Fernandes fires Man United to superb Sociedad rout, Wenger reveals who was to blame over Ronaldo deal and how he missed out on Mbappe for FREE, THREE more clubs pull out as European Super League left in tatters, Leo Varadkar addresses Dublin’s hopes of staging Euro 2020 matches, Super League chief admits defeat after loss of Premier League clubs, Gary Neville slams Man United over latest Super League statement, Watch: Liverpool owner John Henry posts public apology over Super League, Watch: Liverpool owner John Henry dodges BBC reporter in Boston. ‘I would like to thank Stewart, the Board of Directors and the EFL for their diligence and support throughout the recent process. De Bromhead won the Champion Hurdle, the Champion Chase and saddled the first... European Super League founder and Juventus chairman Andrea Agnelli has conceded the breakaway competition can no longer go ahead. ‘His vision and desire to bring success back to Sunderland was obvious from the outset and his bid is the one that we feel gives the club the best chance of long-term success and sustainability.’. In April 2018, Donald was chosen to be the leader of a consortium offering to purchase Sunderland, who were put up for sale by billionaire owner Ellis Short after a second successive relegation to League One. Sunderland have appointed Jim Rodwell as their new Chief Executive Officer - but who is he and does this mean Stewart Donald has sold the club? Frustrating during their long 10-year spell in the Premier League, fans developed a soft spot for the club following Netflix’s Sunderland: Till I Die documentary series. CTRL + SPACE for auto-complete. Tom Watson became Sunderland's first manager when he was appointed in 1888. Complementing them on the board is Neil Fox as executive director. Sunderland's majority shareholder Stewart Donald (pictured) has seen £20.5m of the money he borrowed to buy the club in 2018 written off, causing alarm to prospective new owners Their club finally has a new owner and chairman following the sale by former owner Stewart Donald.Kyril Louis-Dreyfus takeover of the League One club was accepted by the Football League and now a new era has begun. By Scott Wilson scottwilsonecho Chief Sports Writer. The Black Cats currently sit seventh in the third tier with realistic hopes of the play-offs. After his father passed away in 2009, Kyril’s mother Margarita took over the running of the company. New owner and chairman Kyril Louis-Dreyfus spoke for the first time about his vision for the future of the club. Boost in black officers alone ‘will not save us,’ says police scrutiny campaigner. The only thing left is an approval from EFL. On 24 December 2020, Sunderland confirmed that they had reached an agreement with prospective buyer Kyril Louis-Dreyfus – the 22-year-old son of former Olympique de Marseille owner Robert Louis-Dreyfus – for him to purchase a controlling stake in the club, subject to EFL approval. Kyril Louis-Dreufus is the new majority shareholder at Sunderland and has been welcomed by fans' organisation Red and White Army: ... Investors are lining up to back the ambitious plans of Leeds United according to owner Andrea Radrizzani in an interview with the Financial Times Weekend edition. By Joe Nicholson Wednesday, 10th March 2021, 5:55 pm The English Football League needed to approve the move and Louis-Dreyfus will now become the club's chairman. 23-year-old Kyril Louis-Dreyfus is the new chairman of Sunderland Credit: Reuters. 1 / 1. Who is new Sunderland owner Kyril Louis-Dreyfus? The multi-millionaire is living with L… The Black Cats have finally been sold and it is the 23-year-old billionaire Kyril Louis-Dreyfus who has assumed control of the club, per The Daily Mirror. The Black Cats have finally been sold and it is the 23-year-old billionaire Kyril Louis-Dreyfus who has assumed control of the club, per The Daily Mirror. By Andy Wilson PUBLISHED: 16:01, Thu, Apr 23, 2020 and becomes the youngest chairman in English football. Skip to next photo. 19/02/2021. ‘Kyril's commitment, acumen and integrity convinced us to accept his proposal,’ Stewart Donald, the deep-pocketed former chairman, told the BBC. BLACK CATS owner Kyril Louis-Dreyfus is itching to spend if they go up. The latest edition of the Sunderland weekly round-up takes a look at the latest news from Stadium of Light, including a look back at the news fans had been eagerly awaiting. Current Black Cats owner Stewart Donald is under increasing pressure to… Sunderland fans have been forced to wait patiently for the arrival of a new owner but Kyril Louis-Dreyfus' takeover is now officially complete. Recently, Lewis Dickman and Leann Cowperthwaite joined and will undertake the respective roles of Academy Manager and Head of Academy Operations. Kyril is the son of former Marseille owner Robert Louis-Dreyfus, who was deep inside the French club … Plus, there’s all the rest of the news from the past week on Wearside. The key criteria that any potential new owner of Sunderland AFC must hit The ability to pass the EFL owners and directors test and possessing the £37.6million to buy the club cannot be enough . For that, the Pro14 organisers should be grateful. The inside story of new Sunderland owner Kyril Louis-Dreyfus - the heir to £4bn fortune Kyril Louis-Dreyfus’s takeover of League One giants Sunderland has finally been approved by the EFL with the 23-year-old previously reaching an agreement to buy Stewart Donald's controlling interest She now plans to use the money to further qualify and pass her driving test, Woman admits murdering 28-year-old whose remains were found in two suitcases, Gareeca Conita Gordon pleaded guilty to killing Phoenix Netts between April 14 and May 12, 2020, after her remains were found beside a quarry in the Forest of Dean, Hunt launched for three missing teenagers who vanished last night as concerns grow, Lancashire Police tweeted an appeal after teenagers Leona Derbyshire, Matej Bulander and Allyx Queen went missing in the Chorley Road area on Tuesday night, Queen poignant message to well-wishers in first message after beloved Philip's death, The Queen shared the short statement on the royal family's social media pages, her first message since Prince Philip passed away, Super League president's warning to Man Utd, Arsenal and Liverpool as clubs pull out, On Tuesday night, the six English clubs that signed up for the competition announced that they had changed their mind. Louis-Dreyfus has just been installed as the new chairman of Sunderland football club, known as the ‘Black Cats’, following a successful takeover. The Super League issued a defiant response in the face of the mass U-turn, Two police officers caught kissing 'for 20 minutes' in car outside Tesco store, The incident in Blackburn, Lancashire, involved one off duty and one on duty police officer - police say it was an isolated incident and the officers have apologised for their conduct, Tesco shopper who bagged £80 shop for £27 shares 'exact' time for hidden discounts, Mum-of-one Karolina Foulger says she picked up some huge savings after discovering the reduced section by accident - and explained how customers can get around the '5 per person' rule. When you subscribe we will use the information you provide to send you these newsletters. 14. Sunderland owner Kyril Louis-Dreyfus delivers Instagram message to fans Shields Gazette 09:07 9-Apr-21 14. The Black Cats played twice during the last week with mixed results. Kyril Louis-Dreyfus’s takeover of League One giants Sunderland has finally been approved by the EFL with the 23-year-old previously reaching an agreement to buy Stewart Donald's controlling interest. John Sheridan searching for fourth club in less than a year after Swindon exit, Yeovil Town captain Lee Collins dies aged 32 after a 15-year career, Mick McCarthy hails ‘best sacking’ following Cardiff City heroics, * Sign up to the Extra.ie survey panel to trial free products and win prizes for your opinions! The 23-year-old is the son of former Marseille owner Robert. Kevin Phillips has revealed the details of a conversation he had with new Sunderland owner Kyril Louis-Dreyfus on Tuesday night. Dublin had been scheduled to stage four Euro 2020 matches before the tournament was postponed due to the COVID-19... 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