Sunderland owner Stewart Donald ‘agrees to sell the club to consortium led by 22-YEAR-OLD Kyril Louis-Dreyfus’ – the son of former Marseille owner Robert – and current minority shareholder Juan Sartori
- Stewart Donald is finally close to sealing a sale of League One club Sunderland
- He is in talks with a consortium led by 22-year-old Kyril Louis-Dreyfus
- Reports suggest the takeover could be completed in as little as two weeks
Sunderland owner Stewart Donald has agreed a deal to sell the club to a consortium that is led by minority shareholder Juan Sartori and 22-year-old Kyril Louis-Dreyfus.
Donald will still retain a 15 per cent stake in the League One club, according to The Guardian.
Donald has been looking to sell the club all year. Sartori, meanwhile, currently holds a 20 per cent stake at the Stadium of Light.
Sunderland owner Stewart Donald has agreed a deal to sell the League One club
Donald has been looking to sell the club all year, but will keep a 15 per cent stake in the club
Kyril Louis-Dreyfus (right) is leading the consortium alongside a current minority shareholder
The publication adds that the deal should be concluded in as little as a fortnight. Earlier this week, Sunderland cancelled a meeting with supporters citing the ‘advancement and sensitivity’ of takeover talks.
Louis-Dreyfus is the son of the former Marseille owner, Robert. His father also had a stake in Belgium side Standard Liege, where the club’s academy is named after him.
His mother, Margarita, is one of the richest women in the world with an estimated wealth of £5.7billion.
She met Kyril’s father in 1988 and they were married until his death in 2009 at the age of 63 from leukemia.
Margarita sold the majority of her late husband’s shares in Marseille in 2016.
Louis-Dreyfus pictured alongside his mother, Margarita, at a Marseille match in 2012
His mother Margarita (right) is one of the world’s richest women, worth an estimated £5.7bn
Sunderland are currently sixth in League One, the third tier of English football and Sartori and Louis-Dreyfus will be expected oversee their revival as owners.
The club are very much considered a sleeping giant – they were last in the Premier League in 2017 and the Stadium of Light has a capacity of 49,000.
They are next in action on Saturday afternoon, at home against MK Dons.
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