Sunderland AFC takeover news RECAP: Fresh interest emerges as club issue key update

While League One may be on hiatus for the foreseeable future, there remains a host of news coming from the Stadium of Light.

Wednesday, 3rd June 2020, 3:13 pm

We’ll have the latest from the Black Cats and their third tier rivals throughout the day, plus updates on the takeover of the club – after it emerged that two groups are currently eyeing a deal.

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Simply scroll down for fresh updates as the day progresses, as we’ll be across all the breaking news from the club:

The latest transfer and takeover news from Sunderland AFC

Sunderland AFC takeover news RECAP: 3 June

Last updated: Wednesday, 03 June, 2020, 14:39

  • The Echo understands that two groups are currently taking an active interest in Sunderland AFC - as Stewart Donald continues his attempts to sell the club
  • Tommy Smith has spoken out on his Sunderland exit
  • The EFL board are set to meet today to discuss their next steps - with Monday viewed as ’D-Day’ for League One clubs

And welcome to our Sunderland AFC live blog!

We’ll have the latest from the Stadium of Light - and from around League One - throughout the day.

A positive update on the takoever front...

Two groups are currently considering a takeover of Sunderland AFC, the Echo understands.

Stewart Donald publicly announced his intention to sell the club at the turn of year, following supporter protests.

And while there was hope that new owners could be in place by the end of May, the coronavirus outbreak has seen talks progress at a slower rate than planned.

But despite the current global uncertainty, two groups remain interested in purchasing the Black Cats.

Both groups have been long-standing admirers of the club and include members who have experience in running a football club.

Tommy Smith has spoken out on his Sunderland exit

It was just really bad timing and unfortunately I'd only signed a short-term deal. Clubs in League One don't know when games are going ahead again so the chairman said he wasn't going to exercise any extension which is fair enough, so I knew that was coming. But he also said I might be looked at again in the future once things are a bit clearer moving forward.

Tommy Smith

The EFL board are set to meet today

While there are not expected to be any concrete decisions on League One made today - that will come on Monday - the EFL Board are meeting today to thrash out more plans.

This could include the consideration of a number of frameworks to finish the season, including the alternative proposition put forward by Tranmere Rovers.

Phil Smith provides an update on today's EFL meeting

Shrewsbury boss backs calls to end League One

I think it’s a logical conclusion given the finances involved. The Premier League is a different entity and can afford it. The Championship is similar, with so much riding on it, ending in the most valuable game in world football. With our league the financial gains of going up aren’t enough to cover the cost of 23 teams trying to do so.

Sam Ricketts

How many can you remember?

Fans have not been happy with this...

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