{"id":583458,"date":"2021-02-12T11:58:12","date_gmt":"2021-02-12T16:58:12","guid":{"rendered":"https:\/\/lastwordonsports.com\/football\/?p=583458"},"modified":"2021-02-12T11:58:12","modified_gmt":"2021-02-12T16:58:12","slug":"sunderland-takeover-nears-completion","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/football\/2021\/02\/12\/sunderland-takeover-nears-completion\/","title":{"rendered":"Sunderland Takeover Nears Completion"},"content":{"rendered":"

The ongoing saga that is the Sunderland takeover is nearing completion according to the Sunderland Echo.<\/a>\u00a0Lee Johnson said the deal is as<\/a> \u201cnear to completion as it can be.” The news will delight supporters who have seen over one year go by since the Black Cats were put up for sale by current owner Stewart Donald.\u00a0<\/span><\/p>\n

Sunderland Takeover Nearing Completion<\/h2>\n

EFL Have Sunderland Takeover in Their Hands<\/h3>\n

Sunderland<\/a> are currently awaiting the green light from the Football League to be able to complete the deal for Kyril Louis-Dreyfus<\/a> to take over from Stewart Donald<\/a>. However, the current owner along with two other shareholders will continue to hold a stake in the club.<\/p>\n

Before the EFL approve the deal, they want assurances<\/a> that Donald and co will continue to help fund the club for the next two years. Once they have these assurances, the deal should be given the go-ahead.<\/p>\n

Louis-Dreyfus Now on Wearside<\/h3>\n

Kyril Louis-Dreyfus, whose family is reportedly worth around \u00a36 billion, attended the recent away game at Shrewsbury Town<\/a>. The billionaire heir has also been on Wearside visiting the Academy of Light and also spent time at Sunderland\u2019s home, the Stadium of Light.<\/p>\n

23-year-old Louis-Dreyfus had his takeover deal announced in December and now the completion date could be soon. The wait has been a long one for fans as they continue to spend time in England\u2019s third tier following a disastrous few years which saw two successive relegations.\u00a0<\/span><\/p>\n

Lee Johnson: ‘It\u2019s About as Close as You Can Get’<\/h3>\n

Speaking at a press conference, the head coach was asked about Kyril Louis-Dreyfus attending the latest game and whether he had any updates on how the takeover was progressing. Johnson said<\/a>: “Obviously people will have seen Kyril at the latest game, that was quite well documented and I expect us to get used to having him around the place, seeing his face and introducing his style from the top.\u00a0<\/span><\/p>\n

\u201cAt the same time, I can\u2019t give you any definitive timescale or chronological order of when that may happen or when it may not. Everything I hear is that it\u2019s really, really close \u2013 about as close as it can get,\u201d he continued.<\/p>\n

“But at the same time this is football, isn\u2019t it? I wouldn\u2019t go live with the story just yet because I wouldn\u2019t want you to look silly.\u201d<\/p>\n

Main Photo
\nEmbed from Getty Images<\/a>