'So I’m a little bit surprised' - Owner of League One rival delivers verdict on Sunderland takeover deal

Peterborough United co-owner Darragh MacAnthony believes Sunderland and Hull City offer investors looking to buy clubs outside the Premier League the ‘best deals’.
Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now

The Black Cats remain on the market 10 months after Stewart Donald – who values the club at £37.6m - announced his intention to sell, and The Echo understands that discussions are ongoing with interested parties – as they have been for much of the summer.

MacAnthony, speaking on his podcast, The Hard Truth, said: “If you’re looking to buy two clubs, two clubs outside the Premier League, you’d have to say Hull and Sunderland are probably two of the best deals there.

Hide Ad
Hide Ad

“I know the figures for both clubs and those, on paper, would be two of the best deals.

Sunderland's Stadium of Light.Sunderland's Stadium of Light.
Sunderland's Stadium of Light.

“So I’m a little bit surprised, maybe because of the pandemic and whatever else and maybe in 8/9 months it will change and both those clubs will be sold.”

There has been a shift in power in Sunderland takeover talks – with the buying side now holding more of the cards according to football finance expert Kieran Maguire of the University of Liverpool, who believes that potential buyers could now hold the upper hand in negotiations.

And while many feared that COVID-19 could deter potential buyers, Maguire believes that the current climate could actually see more investors enter the market – as they look to buy clubs at a knock-down price.

Hide Ad
Hide Ad

"It's a bit of a double-edged sword,” he said, speaking to The Echo.

"I deal with quite a few people who are interested in buying football clubs, and there seem to be more of them about than ever because we have seen during COVID that there have been quite a few winners among high-worth individuals.

"Some industries have done extremely well because of COVID and if you're one of the few then you find yourself a bit more wealthy - and the power in negotiations has shifted from the sellers to the buyers.

"This means that potential buyers of football clubs are going around looking for bargains and they are in a strong position to drive down the price. I don't think COVID will put buyers off, but they will be taking a look at things.”

A message from the Football Clubs Editor

Hi, our aim is to provide you with the best, most up-to-date and most informative coverage of YOUR club every single day, home and away, 365 days a year.

This depth of SAFC coverage costs, so to help us maintain the high-quality reporting that you are used to from the football team at the Sunderland Echo, please consider taking out a subscription to our new discounted sports-only package.

You'll find all the details at sunderlandecho.com/subscriptions/sports.

Your support is much appreciated.

Richard Mennear, Football Clubs Editor