SHOCKING NEWS; Sunderland AFC announces new ownership of club due to..

The Black Cats are in their fourth straight season in the third tier of English football and recently appointed Alex Neil in the hope that he can end that long, unwanted stay

Sunderland have been plunged into fresh chaos after the revelation that former owner Stewart Donald is still a prominent stakeholder in the club.

The Black Cats ‘ fanbase have reacted negatively after the news was confirmed by current owner Kyril Louis-Dreyfus.

The Swiss-French billionaire completed his takeover of the League One club a year ago and it was confirmed at the time that the Madrox group consisting of Donald, Juan Sartori and Charlie Methven retained what was believed to be a minority shareholding.

Now, after months of unanswered questions and radio silence, Louis-Dreyfus has revealed he owns just 41 per cent of the Wearside club.

Donald, who bought Sunderland back in 2018 from previous maligned owner Ellis Short, retains a 34 per cent stake, Sartori 20 per cent and Methven five per cent – a cumulative total that would exceed the stake Louis-Dreyfus holds.

In a letter written to a Sunderland fans’ group, 25-year-old Louis-Dreyfus wrote: “As previously stated, I have executive control of the running of the football club — something that was a fundamental requirement upon the purchase of my shares — and the executive management team inclusive of Steve Davison and Kristjaan Speakman report directly to me on a day-to-day basis.

Methven became a figure of ridicule among the Black Cats’ support for his portrayal in the popular Netflix series ‘Sunderland ‘Til I Die’.