Stewart Donald provides transfer and takeover update as Mark Campbell's consortium near deal
Stewart Donald has moved to clarify the takeover situation at Sunderland - while providing supporters with a transfer update.
Donald, who took control of the club last summer, is set to finalise a deal to sell a chunk of his shareholding to a consortium led by businessman Mark Campbell.
Campbell is thought to be leading a four-man consortium - of which two have strong links to Sunderland.
And reports had suggested that Campbell and his backers were set to pocket a 74% stake in the Black Cats - leaving Donald and fellow co-owner Juan Sartori with 10% apiece and Charlie Methven with a 6% share.
That led many to question how Donald would be involved in the club moving forward, but he has now moved to ease fears that he will depart the club - while also confirming that he will hold more than the 10% stake that has been reported.
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In a response to a fan on Twitter, the Sunderland owner said: "I will be here next season and many beyond - with more than the reported 10 percent Stake!!"
And Donald also provided a transfer update, with the Black Cats yet to make a move in the summer transfer window.
Reece James' departure to Doncaster Rovers on Wednesday highlighted the need for new recruits in certain areas - and Donald believes it won't be long until deals are finalised.
He posted: "hopefully some signings soon but not tomorrow [Thursday] - won’t be long till new players arrive I’m sure."