Stewart Donald almost gone from Sunderland as Kyril Louis-Dreyfus increases shareholding

Sunderland have confirmed a further change to the ownership of the club, and it's good news.
Stewart Donald almost gone from Sunderland as Kyril Louis-Dreyfus increases shareholding
Stewart Donald almost gone from Sunderland as Kyril Louis-Dreyfus increases shareholding /

Stewart Donald is slowly disappearing from Sunderland altogether after the club confirmed Kyril Louis-Dreyfus and Juan Sartori have purchased more of his shares.

Louis-Dreyfus has been the majority owner at Sunderland for some time, and he increased that further last summer when he bought Charlie Methven out of the club.

Donald has remained, with him reducing his shareholding to 19% as part of that ownership reshuffle in June.

That stake has not been reduced further to 9%, though, with Louis-Dreyfus increasing his share to 58% (7% increase) and Sartori now owning 33% (an increase of 3%)

“Sunderland AFC today confirms Kyril Louis-Dreyfus has increased his shareholding in the cub,” a statement read.

“Mr Louis-Dreyfus has increased his stake to 58%, with Juan Sartori increasing his shareholding to 33%.

“The acquisition has been made through the purchase of shares previously held by Stewart Donald, who has reduced his stake to 9%.

“SAFC’s Board of Directors and governance remains unchanged.”


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Michael Graham
MICHAEL GRAHAM

Michael Graham is a professional sports writer with more than ten years of industry experience. After pursuing football writing by helping establish the Roker Report Sunderland AFC fansite, Michael moved to Planet Sport to cover football.  Michael has since worked on many of the sports sites within the Planet Sport network, including Football365, TEAMtalk and Planet Football before leaving to join 90min. As well as football, Michael is an accomplished tennis writer and has been regularly featured on Tennishead, TennisBuzz and Tennis365. It is football that is his first love, though, with Sunderland AFC his particular passion.  Contact: michael@buzzpublishing.co.uk