Sunderland AFC transfer and takeover news RECAP: Salary caps fallout, ownership claim plus Cats weigh up moves

While there may still be no football being played at the Stadium of Light, there remains no shortage of news coming from Sunderland AFC.

Friday, 7th August 2020, 6:13 pm

And today was no different, with the Black Cats hunting new additions while League One clubs have voted in favour of controversial salary cap plans.

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There’s also more news on the takeover front with the chief executive of Rich Energy, William Storey, still claiming he’s very much interested.

Scroll down to see how the day unfolded on Wearside:

Sunderland manager Phil Parkinson is targeting further recruits

Sunderland AFC transfer and takeover news RECAP: 7 August

Last updated: Friday, 07 August, 2020, 15:32

  • League One clubs have voted to introduce squad salary caps with immediate effect
  • Sunderland opposed the decision which will restrict their activity in the transfer market
  • The chief executive of Rich Energy, William Storey, has claimed a fully-funded takeover bid has been legally submitted to the club
  • Sunderland are continuing to hunt for their third summer signing, with Scott Fraser and Luke Garbutt both targets
  • Reported target Charlie Goode has spoken out on his future
  • The Black Cats are also considering offering former Manchester United full-back Demetri Mitchell a contract

And welcome to our Sunderland AFC live blog!

We’ll have the latest from the Stadium of Light throughout the day as Phil Parkinson continues his hunt for a new signing.

Sunderland hold an interest in this free agent duo

Sunderland are targeting moves for free agent duo Luke Garbutt and Scott Fraser as Phil Parkinson continues his hunt for new faces.

The Echo understands that both players are genuine targets for the Black Cats as Parkinson looks to build upon the additions of Aiden O’Brien and Bailey Wright.

But neither individual has agreed terms with the Black Cats, with both players having numerous options to consider.

Both Garbutt and Fraser are currently without clubs having left Everton and Burton Albion respectively, and have both admirers in the Championship and in League One.

Rumoured Sunderland target Charlie Goode discusses his future...

My focus is on the pitch.It's something I'm aware of and I hear everything that goes but at the end of the day I play for Northampton and that won't change until my last day at the club. My focus is as normal and I'm just looking forward to the new season. I've loved every minute I've had at this club.

Charlie Goode

League One clubs will head to the polls later today

League One clubs will vote on salary cap proposals today - with a £2.5million spending cap set to be introduced.

If the plans are passed, as expected, clubs will also only be able to register 22 players for the upcoming campaign.

We’ll keep you up to date on the vote throughout the day, and full details of the proposals being voted on are below:

Leaked picture of the new away kit?

Pompey CEO on the crunch salary cap vote taking place today at 1pm

Mark Catlin told the Portsmouth News: "I think there could be legal ramifications should the vote go through.

"My understanding is if the vote goes through the PFA aren’t going to be happy. 

"The PFA like us are all for self-sustainability and no one’s arguing for clubs to be able to spend more than what they can afford. But under these proposals there are clubs who can spend more than what they can afford. 

“Yet, the larger clubs who can afford to spend more are being blocked from doing so. I would argue that is not only a restriction of trade in terms of players limiting their earning, but it’s also anti-competitive.”

16 years since Whitehead’s SAFC debut

Another player on Sunderland’s radar

Sunderland are also considering offering former Manchester United full-back Demetri Mitchell a contract.

The left-sided defender was released from Old Trafford earlier this summer and is currently training with the Black Cats in a bid to win a deal.

Mitchell has previously spent time on loan in Scotland with Hearts.

Storey isn’t going away and makes takeover bid claim

The chief executive of Rich Energy, William Storey, is still very much interested in taking over at SAFC, despite opposition from supporters.

It’s well known that Stewart Donald is desperate to sell the club, with Black Cats, while BBC Newcastle have claimed Sunderland’s current owners are in a period of exclusivity with one group.

Yet Story has remained vocal on Twitter, stating he has wealthy backers behind him and a grand plan to get Sunderland back to the Premier League.

Story’s company have a checkered past, though, and were labelled ‘the sketchiest sponsor in F1’ following their involvement with Haas F1 team.

In his latest tweet, Storey has claimed a fully-funded bid has been legally submitted to the club and welcomed by the board. 

Just five weeks to go

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