Sunderland AFC transfer and takeover news RECAP: Reaction to William Storey's claims as Cats miss out on targets

Sunderland are considering their options after last week’s League One salary cap announcement put restrictions on their transfer activity.

Thursday, 13th August 2020, 6:09 pm

The Black Cats remain interested in several targets but are taking stock after the new ruling, and the arrivals of Aiden O'Brien and Bailey Wright before it was introduced.

Scroll down to read the latest news, transfer gossip and analysis from the Stadium of Light – and to see how it all unfolded in Thursday’s SAFC blog:

The latest news from Sunderland AFC

Sunderland AFC transfer and takeover news RECAP: 13 August

Last updated: Thursday, 13 August, 2020, 18:00

  • Wannabe Sunderland owner William Storey spoke on BBC Newcastle yesterday evening about his attempts to buy the club - yet the Echo understands he’s NOT a credible buyer.
  • Phil Parkinson has revealed that the Black Cats missed out on a ‘couple’ of targets last week.
  • The Sunderland manager is still keen on adding a further five players to his ranks.
  • Sunderland’s League One fixtures will be announced next week.

And welcome to our Sunderland AFC live blog!

We’ll have the latest on the transfer and takeover front throughout the day…

Phil Parkinson confirms Sunderland have missed out on some targets

Phil Parkinson has hit out at the EFL’s new salary cap rules, and says Sunderland have had to reassess some of their transfer targets as a result.

League One clubs narrowly voted last Friday to impose a flat wage cap of £2.5 million, from which players under the age of 21 at the start of the calendar year will be exempt.

Players who signed a contract before Friday will be counted as earning £113,000 for the first year.

It has left Parkinson and the Black Cats with little room to play with in the transfer market, with the Black Cats boss still eager to sign five players before the window shuts in October.

Speaking to the new official club podcast, #SAFCUnfiltered, Parkinson said: “We tried to get a couple in before Friday but those deals didn't quite get over the line.

“It was the decisions of the agents and the players on that one and when you're going for players who have Championship interest, it can be difficult.

“We've had to change tack a bit in the last couple of days and reassess what we're going to do.

“I'm still confident we'll have a strong squad but one or two we thought we could get, are not in the marketplace right now.”

Cats linked with Premier League youngster

Sunderland have been linked with a move for Chelsea goalkeeper Nathan Baxter.

The 19-year-old spent last season on loan with Scottish side Ross County and the Evening Standard claim that the Black Cats are interested in taking the youngster on loan this season.

However, Birmingham City and Derby County are both also understood to be interested.

Phil Parkinson remains in the market for a new goalkeeper after the departure of Jon McLaughlin, with a number of names – including Wolves’ Matija Sarkic and free agent Ben Alnwick – under consideration.

Wannabe Sunderland owner William Storey was in the region yesterday...

Michael Dell and MSD UK Holdings provide loan to Derby County

MSD UK Holdings – an investment group with links to technology magnate Michael Dell – have continued their investment into English football by providing a loan to Derby County.

It follows a similar arrangement with Southampton, with the Premier League side also loaned money by the same firm.

MSD UK Holdings are a newly-established investment group set-up to manage the wealth of billionaire technology tycoon Michael Dell, who last year was mentioned as a potential ‘passive, minority investor’ in a deal to buy Sunderland.

Robert Platek – a director of MSD UK Holdings and an associate of Dell – was heavily involved in those takeover and investment talks with Sunderland AFC last year, which resulted in a £9million loan being given to Stewart Donald’s holding company, Madrox Partners, by a group called FPP Sunderland.

Platek, along with long-time business partners John Phelan and Glenn Fuhrman, were named as directors of FPP. All three have links to Dell having worked for MSD Capital – the group who manage the wealth of the Dell family – in the United States.

MSD have long been mooted to be potential investors in Derby, with this latest charge – registered at Companies House on August 6 – an indication that they see value in providing financial assistance to football clubs.

While the specifics of the deal with Derby, including the amount invested by the group, remains unclear, the charge is registered against the club itself – meaning the Rams will fall into the hands of MSD UK Holdings if the loan is defaulted upon. This is a similar arrangement to that struck between FPP Sunderland and the Black Cats.

Some interesting comments from William Storey...

Phil Parkinson believes a young duo could be ‘bonus’ players for Sunderland

Phil Parkinson says the impressive pre-season form of Jack Diamond and Elliot Embleton could hand him two ‘bonus players for the campaign’.

Parkinson wants to make five more additions to his squad this summer, but admitted on Wednesday that the club had to ‘reassess’ their targets in light of the new salary cap rules.

Fixture release date confirmed

It’s been confirmed that Sunderland’s League One fixtures for the 2020/21 season will be released at 9am on Friday, August 21!

The EFL have also announced the season will begin with TWO cup ties with the Carabao Cup set to start on Saturday, September 5  and the Trophy on September 8/9.

First round Carabao Cup fixtures could be played on alternative dates due to an international window that weekend.

Scott Fraser interest hots up

It emerged last week that Sunderland are interested in signing free agent midfielder Scott Fraser after the 25-year-old left Burton at the end of last season.

Yet it seems the midfielder has other options this summer with a number of Championship clubs also keeping track of him.

According to the Daily Record in Scotland, Fraser has knocked-back a move to Championship newcomers Rotherham United while Stoke City are also interested in him.

Fraser was a serios target for the Black Cats prior to the introduction of the League One salary cap last week, yet Phil Parkinson has since admitted the club have had to rethink their transfer targets.

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