On Friday evening, Sky Sports News Keith Downie tweeted: Sunderland owner Stewart Donald is in talks to sell the club but as yet, nothing is agreed. Mr Donald has been involved with non-league Eastleigh FC as owner and has invested in League One Oxford United in the past. Unified Table Tennis champion of my flat. I thought I could buy my way out of the league before, Mr Donald told the BBC. But to many fans there seemed to be one core agenda: cutting costs. Lee Johnson is the man in charge, while other notable players include Grant Leadbitter and Northern Ireland trio Will Grigg, Conor McLaughlin and Tom Flanagan. He was essentially an absentee who paid the bills, as accurately observed by Stewart Donald in the excellent Netflix documentary Sunderland Til I Die. It will be seen as a blow to the majority of the fanbase who he has become popular with not least because of his willingness to engage in discussion on their community message boards. From what I gather, in the early history of the club, it was run by a committee that selected the manager, but I presume this had all changed by the time we became the Bank of England club in the immediate post-war period. Blackpool collapse won't put Mick McCarthy off returning to the dugout, 'One of my favourites' -- Wednesday star Jenna Ortega praises Irish co-star Barry Keoghan, Sky Sports in battle to hold onto live football coverage as new streaming service launch bid, Watch: Love Hate star Charlie Murphy's new Netflix series looks raunchy as hell, Woodchips imported 7,000km from Brazil instead of turf at Irish power plant, Player left 'bleeding from neck after alleged assault at Dublin match, Acupuncture now the jab of choice for long-COVID patients, May Day warning! Sunderland 'Til I Die season 2: Producer spills on unseen footage, Sunderland Til I Die season 2: Netflix producer speaks out on exit. Something went wrong, please try again later. His mother, on the other hand, is said to be the richest Russian woman on the planet, boasting a net worth of $5.6 billion. [8] On 21 May, he officially became owner of Sunderland, doing so without the consortium to speed the transition. In the six years since he took over at the Hampshire club they have risen from the Conference South to the National League and their ground has undergone extensive redevelopment. Even though the former cashed in on Jordan Henderson and Simon Mignolet, these were experienced men who could even have taken the club down a division and brought us back up the next season, following e.g. Another multi-billion takeover could be set to rock the Premier League with the takeover of Manchester United dominating the headlines. He is said to have invested around 7m in Eastleigh, and left them debt free. What is his Bordeaux salary? But that was again before the days of the current all-powerful voices of social media. National World Publishing Ltd. All rights reserved. Paul Benedict Sunderland is an American sportscaster based in Los Angeles, California. Revered sportscaster best known for his broadcasts of USA Volleyball and Los Angeles Lakers games. He also helped the Black Cats attract the largest average attendance for a third-tier club at more than 31,000 and the largest League One match attendance at 46,039 for their Boxing Day clash with Bradford, beating the previous record held by Leeds. there's always trepidation when it comes to new ownership. At the time of the takeover, Methven said: "This summer there needs to be a turnaround, as this is an organisation that is used to failure. Sunderland's new majority shareholder", "Louis-Dreyfus acquires controlling interest in Sunderland AFC", "Eastleigh chairman Stewart Donald reveals his 3m cash injection into the club", https://en.wikipedia.org/w/index.php?title=Stewart_Donald&oldid=1152125739, This page was last edited on 28 April 2023, at 10:57. Charlie Methven with Sunderland owner Stewart Donald. He overtakes 102-year-old Tony Murray, chairman of fire protection business London Security plc, who is ranked second with a net-worth of 2.53 billion. We wanted to go as high as possible the Championship and Premier League. But in the end Reid was sacked in October 2002. Paul Sunderland (born March 29, 1952) is famous for being sportscaster. His family founded the Louis-Dreyfus group in 1851, which is a global leader in agriculture, food processing, international shipping and finance. Louis-Dreyfus completed his takeover the North-East club on Thursday, while former owner Stewart Donald -- who fan of the Netflix series will be familiar with -- retains a minority shareholding at the club, along with Juan Sartori and Charlie Methven. 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 . Hes good in football and good in business. The sports team owners on the new Forbes 400 list are worth a combined $389 billion, up 41% over the past year. Stewart Donald has finally found someone to take over struggling Sunderland, 'His vision and desire to bring success back to Sunderland was obvious from the outset and his bid is the one that we feel gives the club the best chance of long-term success and sustainability.'. Sartori is married to the daughter of Russian billionaire Dmitry Rybolovlev - better known as the owner of AS Monaco. I really think it is a great club with a great platform. Robert was the CEO at Adidas as well as the majority shareholder at Olympique Lyonnaise. Although it will be an unpopular view with many fans, Donald does deserve some credit if the slated takeover does take place, given our current position in the league. I am disappointed, but this is business.. This documentary-style series follows investigative journalists as they uncover the truth. All rights reserved. Mr Donald owned Eastleigh for six years. Reflecting on his time as a director, Methven said: "Im really proud of what the whole club achieved, looking back now. Murray also stuck by Reid in the yo-yo years following the 1996 promotion, achieved mainly on the basis of a strong defence with just 33 goals conceded, and the subsequent relegation in 1997 on 40 points. It was the final home game of the season back in 1993 and against all odds, Terry Butchers side managed to pull a rabbit out of a hat and claim maximum points against high-flying Pompey. NFL owners are, by their very nature, . They hope to identify an acquirer as soon as the end of February, according to one of the people. 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Despite having fans who believe that we should be easily winning this division, the team has been so deeply emaciated by the current owners that almost all players of value have left. As mentioned in my previous piece, Tom Cowie made his money in the world of transport and was a friend of my fathers, but by the time he became chairman in 1980 I was working away from Wearside down in Hertfordshire. How much money is Paul Sunderland worth at the age of 71 and whats his real net worth now? . According to The Sun, the company recorded a staggering 33.6 billion in sales during its most recent financial year, while the Sunderland owner is heir to a fortune worth 4 billion. As far as manager Jack Ross is concerned, he has not even put foundations in yet. ", "Stewart Donald invests more than 500k to buy Oxford United stake", "Who is Stewart Donald? It certainly did for Sunderland AFCs managers. [10][11] A week later, the board stated that it would look to sell the club because "long-term success cannot be achieved by a disunited club". It could be all change at the Stadium of Light in time for next season after reports suggest that Sunderland may have new investors soon. We had a project on the football side that involved strengthening the academy and having a higher playing budget. Westgate Road epitomises the hustle and bustle of Newcastle, but just how clean are the restaurants and takeaways on the city centre staple? Hear the latest economic, business and market news, as well as global, national, and local news. There are some signs of hope: a new manager who delivered a 4-0 win at League One leaders Lincoln City, the team being undefeated away from home this season, and some decent signings last summer such as Bailey Wright. Becoming a US citizen in 2015 after residing in that country for a decade and having worked in the Biotech/Pharma industry in the USA, I know only too well from personal experience that the hire and fire culture is not a solution, but a symptom of poor and cowardly management. When the club enjoyed two successive top seven Premiership finishes under chairman Bob Murray and manager Peter Reid in 1999-2000 and 2000-2001, average home crowds were 41,375 and 46,780. Millionaire Stewart Donald took over at the Stadium of Light last year, replacing Chris Coleman as manager with former St Mirren boss Jack Ross as one of his first acts. He eventually graduated in 2002 for the same degree from HEC (Hautes Etudes Commerciales) in Lausanne, Switzerland. -- RTE viewers left baffled over 'mad' interview, Refs' group refutes Klopp's claim that referee Paul Tierney made improper comments to him. [1] Donald and business partner Neil Fox have "acquired a string of companies". "We came in trying to achieve the aim of turning it around without the pain and humiliation of bankruptcy and it was a very difficult task. The prospective takeover deal says something about the worldwide standing of the club, its amazing fan base and the facilities both at the Stadium of Light and at the Cleadon Academy of Light training facility. He played on the 1984 United States Olympic volleyball team with Chris Marlowe, who would eventually become his partner on future USA volleyball broadcasts. See terms at draftkings.com/sportsbook. Gambling Problem? Louis-Dreyfus has just been installed as the new chairman of Sunderland football club, known as the 'Black Cats', following a successful takeover. Will Grigg transfer fee: How much did Sunderland pay for Will Grigg? We have a carefully thought-through plan to restructure the club, make it sustainable and, with the help of the fans, to restore its sense of pride and re-connect it with the local community. We respectfully await the EFLs approval for this transaction. Hopefully, after meetings this weekend, he feels the same positivity about investing in Sunderland! Who is new Sunderland owner Kyril Louis-Dreyfus? I have no doubt about it. A former . Louis-Dreyfus' worth is not clear, but he is known to have inherited a third of his father's vast fortune. How much they purchased the team for: $600 million. Is Stewart Donald's 37m asking . I hit the roof because we were giving out free bottles of water which cost us 10p and the players were only drinking half of it. His association with the club can be partly ascribed to a meeting with Glenn Hoddle, the former England manager whom he has become friendly with. However, Sunderland fans will be more excited by the potential takeover of the club by 23-year-old Kyril Louis-Dreyfus. 'Kyril's commitment, acumen and integrity convinced us to accept his proposal,' Stewart Donald, the deep-pocketed former chairman, told the BBC . Rybolovlev was ranked 79th on a list of the world's richest men with an . It has been a torrid start to the season for Sunderland. He is a former volleyball player who won a . I could write at greater length about these great figures who influenced Sunderland in the modern era, but I will leave that for another opportunity. The Washington Commanders will soon have a new owner. The partnership did not materialise but in the course of their discussions Hoddle mentioned Eastleigh as a potential target. The family's vast wealth is well-documented, with Forbes estimating Margarita to be worth approximately $5.6 billion. [18], Donald is married,[19] and lives in Witney, Oxfordshire. "So it wasnt just 30+m loss, there was also that 20m that the club needed to pay. [1], On 3 September 2019, Donald sold Bridle Insurance to Finch Group. [7], "Who is Stewart Donald, Sunderland's prospective new chairman? "We inherited a cost base where the club was costing over 50m a year to run, while the revenue base was predicted to be 15m. This means that we may include adverts from us and third parties based on our knowledge of you. I was eighteen when we won the FA Cup in 1973, but although attending every round except the final, the talk on the terraces was never about who owned the club. Under Johnson, results haven't exactly improved, but only one loss in seven games does prove there are some promising signs. Bookmark. My personal message to the new Board once the Kyril Louis-Dreyfus acquisition has taken place: make a long-term plan in collaboration with the clubs executive management, especially Kristjaan Speakman and Lee Johnson, and stick to it. Sunderland Reading . He filled in for legendary Lakers broadcaster Chick Hearn during Hearns 2002 medical leave of absence and eventually became the teams full-time play-by-play man. We worked a lot over the last three months and did due diligence, but it was Darryls decision to carry on at the club. [1] In April 2018, his net worth was an estimated 8.4 million. 59.25 m Total market value Squad size: 26 Average age: 23.3 Foreigners: 12 46.2 % National team players: 6 Stadium: Stadium of Light 48.707 Seats Current transfer record: -6.06m + Overview Squad Fixtures Transfers & rumours Information & facts Stadium History News Market value analysis Sunderland AFC He did not become a member of the board due to conflict of interest relating to his role at Eastleigh. "The previous management said there were parachute payments to fill some of that gap, but that ignored the fact that there was also a net transfer deficit of 20m (money owed to clubs on previous transfers). In 2009, Ellis Short took on the majority shareholding at the Stadium of Light. Sartori is married to the daughter of Russian billionaire Dmitry Rybolovlev - better known as the owner of AS Monaco. "I am fully aware of the efforts undertaken by the current ownership and Board to protect the viability of the Club and respect the difficulty of this task, given Sunderlands recent past and the current economic climate. Sunderland Surname Meaning and Family Facts. Mr Donald led an international consortium of football investors to buy Sunderland last year. The Sunderland family name was found in the USA, the UK, Canada, and Scotland between 1840 and 1920. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Oxford was a special project because it had been brought to me by a group of local people that I wanted to involve. Pic: Richard Lee/BPI/REX/Shutterstock. Roker Roundtable: Assessing the Championship playoff picture with one week remaining! On behalf of Boot Hill Casino & resort (KS). Sunderland new CEO: Who is Jim Rodwell? Paul is a Aries. Sunderland fans can expect Stewart Donald to be careful with the clubs money. 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"Many will be aware of my family connections to the industry and, in acquiring Sunderland AFC, I understand the responsibility thats placed upon me as the custodian of the clubs future.". He is 71 years old and is a Aries. Paul Sunderland is a member of Richest Celebrities and Sportscasters. Sunderland owner Kyril Louis-Dreyfus (Photo by Stu Forster/Getty Images) Photo: Stu Forster Photo Sales 2. He denied accusations from supporters that he was "being awkward" over the sale of the club and reaffirmed that "I know fans want me out and I'm desperately trying to get out". After his father passed away in 2009, Kyril's mother Margarita took over the running of the company. Rales was born into money, with . Ahead of Sunderlands final game against Preston, we asked our writers for their thoughts on the race for the top six, and how they think it might unfold over the next seven days, Editorial: A new connection has been forged between Sunderland AFC and its supporters, Whatever the outcome of the 2022/2023 season, we can reflect on it as a campaign during which hope was restored, as an honest and hard working group of players have helped the club to take giant strides forward. Owner since: 2012. Sunderland AFCs owners are targeting a valuation of as much as 40 million pounds ($52 million) as they seek a buyer for the U.K. soccer team, people with knowledge of the matter said. Physically present in AZ/CO/CT/IL/IN/IA/KS/LA (select parishes)/MA/MD/MI/NH/NJ/NY/OH/OR/PA/TN/VA/WV/WY only. 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Provided the EFL ticks the right boxes on the proposed new ownership deal, which is highly likely, then in my opinion Sunderland AFC have pulled off a major coup in selling the majority. John Reece, who grew up in Sunderland, is . A daily roundup of Sunderland news from Roker Report, By submitting your email, you agree to our, Sunderlands new owner can learn from what has gone on in the past to ensure a brighter future. Do any of these figures shock you? The League 1 side, who have just not been able to get going, are languishing down in tenth place with just seven wins from their 19 games so far. Margarita took over the running of the company. He added: Of course you need the results for anything to happen, but if all of that was aligned I believe it would have happened. Sunderland have found their savour in an unlikely source as 23-year-old Kyril Louis-Dreyfus has taken over the struggling club. The life-long Oxford United fan pumped money into the Us an investor, shirt sponsor and supporters trust committee member. Man Utd: Ten Hag now doesn't want 12m star at Old Trafford, West Ham fan gets embarrassed by police horse after loss to Crystal Palace, World Snooker Championship: Mark Selby records first ever 147 break in a final. With the Black Cats failing to achieve the automatic promotion some saw as a given because of their support-base and wage bill, and ignoring the institutional problems at the Stadium of Light, Donald has come in for greater criticism in the final weeks of a regular season which saw the club finish fifth. It would have involved the whole football club.. [16] Approval was granted on 18 February 2021 and Kyril Louis-Dreyfus became chairman and majority shareholder, with Donald, Methven and Sartori remaining as minority shareholders. Charlie Methven left his role as executive director of Sunderland in 2019 (Image: GETTY). His net. The most Sunderland families were found in United Kingdom in 1891. Who is new Sunderland owner Kyril Louis-Dreyfus? The altogether wonderful and charismatic Niall Quinn returned as a favourite son, displaying a passion for the club, connecting really well with the supporters and was the driver behind the sale of Murrays shares to the Irish Drumaville consortium in 2006. What is Josh Harris' net worth? Millionaire Stewart Donald took over at the Stadium of Light last year, replacing Chris Coleman as manager with former St Mirren boss Jack Ross as one of his first acts. [7] He agreed to sell Eastleigh so that he could own Sunderland. New York, NY: Sheldon, Blake, Bleeker & CO., 1857. The 43 sports team owners on The Forbes 400 are worth a combined $276 billion, up 6% over the past year. with a net worth of $96.5 billion, up $27.5 billion from a year ago. Charlie Methven was involved in the Sunderland takeover in 2018. The Eastleigh chairman set to take control of Sunderland", "Sunderland: Prospective owner Stewart Donald agrees sale of Eastleigh", "Sunderland: Stewart Donald completes takeover from Ellis Short", "Stewart Donald: Sunderland owner trying to sell club after 19 months", "Sunderland Fans Launch Furious Twitter Protest Calling for Owner Stewart Donald to Sell Club", "Sunderland owner Stewart Donald admits mistakes and reveals he wants to retain stake in club after selling up", "Stewart Donald: Sunderland owner 'desperate' to sell club", "Stewart Donald: Sunderland owner steps down as chairman of Black Cats", "Who is 22-year-old Kyril Louis-Dreyfus? newsletter, https://en.wikipedia.org/wiki/List_of_Sunderland_A.F.C._managers, Matchday Musings: Roberts rocket grabs a point as the Lads come back from behind. The company is based in Whitney, Oxfordshire. The 43-year-old has worked in the insurance industry for more than 20 years, rising from a junior role to senior management. Ireland international Aidan McGeady is still on the books, along with Aiden O'Brien, while Lynden Gooch is all that remains from the Premier League days. [6], In April 2018, Donald was chosen to be the leader of a consortium offering to purchase Sunderland, who were put up for sale by billionaire owner Ellis Short after a second successive relegation to League One.