It is only relatively recently in the history of Sunderland AFC that owners and the Board have been under strong media focus. Louis-Dreyfus has just been installed as the new chairman of Sunderland football club, known as the 'Black Cats', following a successful takeover. Sign up for the Roker Roundtable: Assessing the Championship playoff picture with one week remaining! Stewart Donald may be facing decision time at the Stadium of Light as rumours circulate about new investors at Sunderland AFC, Get our FREE Sunderland newsletter emailed daily to your inbox by subscribing below. Paolo Di Canio was a bizarre appointment in 2013 need I say more. and becomes the youngest chairman in English football. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. If current owner Stewart Donalds gamble had paid off to get The Black Cats promoted in 2019, he would have been hailed as a hero, and the whole rather dubious funding issue that later emerged would have been buried in a deal to attract funds and transition us into a competitive Championship outfit. Hear the latest economic, business and market news, as well as global, national, and local news. Ultimately, Sartoris takeover was unsuccessful as Darryl Eales decided not to sell. Of course. How much did he pay? The . But in the end Reid was sacked in October 2002. The 23-year-old is the son of former Marseille owner RobertLouis-Dreyfusand becomes the youngest chairman in English football. Owner(s) Estimated combined net worth Source of wealth Arsenal (more information) Stan Kroenke: $12.9B: Commercial property Kroenke Sports & Entertainment Walmart: . Louis-Dreyfus is the son of the the late Swiss-French businessman, Robert Louis-Dreyfus. After his father passed away in 2009, Kyril's mother Margarita took over the running of the company. Craig Johns takes a closer look at the businessman. Paul is a Aries. . Thanks to several zoom quizzes, can officially say I know more about sport than the average gran. Its wastage and I saved the club 500.. As of 2023,Paul Sunderlands net worth is, Paul Sunderland is a Aries and was born in The Year of the Dragon. I have read the autobiographies penned by Peter Reid, Niall Quinn and Roy Keane. He purchased the Atlanta Hawks in 2015 for $730 million, along with a group of investors that also includes former NBA star Grant Hill. 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. All I remember on that front when attending home games from 1968 onwards was that if we played badly there were occasional chants of Sack the Board, a common sound at Newcastle games. Certainly, by time the clubs hierarchy was involved in some financial scandals in the late 1950s, being found guilty of making payments in excess of the maximum wage to players, they were fined 5,000 (121,000 today) and the chairman and three directors were suspended. Roker Ramble: The Premier League relegation battle heats up Were getting into squeaky bum territory as the season draws to a close. 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. Irarragorri is an avid sports fan - a quick. Michael Dell is the founder and owner of Dell Technologies and is was listed as the 25th richest man in the world in Forbes 2019 list. 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. Gateshead mum hails doctors and nurses of Great North Children's Hospital after six-year-old son gets all clear from cancer, Leland rang the bell to signal he was free of cancer on Friday, and his mam Sarah has praised the staff who supported him as he was in isolation for four months, Newcastle health trust warns people with minor injuries or illness not to go to hospital during nurses strike, Newcastle Hospitals will prioritise emergency treatment and say patients seeking urgent treatment will be seen, Newcastle United transfer rumours as agent reveals Sergej Milinkovic-Savic 'asking price', The latest Newcastle United transfer rumours, How well do you know Geordie phrases? The two seasons of the series coincided with the Black Cats' plummet down the England football pyramid into League One, providing a chaotic look behind-the-scenes of a club in turmoil. Paul Sunderlands source of wealth comes from being a sportscaster. To learn more or opt-out, read our Cookie Policy. 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. My personal view is that the influence of American corporate management styles has had a negative effect on working life in the UK. While its relatively simple to predict his income, its harder to know how much Paul has spent over the years. We have had 18 come through the door, including caretakers, since Steve Bruce departed just nine years ago. . Louis-Dreyfus is a French businessman and billionaire heir, who on Christmas Eve announced he had agreed a deal to become the new owner at The Stadium of Light. He remains executive chairman at the company. I have previously elaborated in these pages about the terrible mistakes made at the club under Shorts leadership, the constant revolving door of both managers and players, how short-term, bullying American corporate thinking affected the way our beloved Sunderland AFC was run. Something went wrong, please try again later. 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. The most Sunderland families were found in United Kingdom in 1891. 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. Or by navigating to the user icon in the top right. 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 shareholding in the club to 23-year-old Kyril Louis-Dreyfus, reputedly with access to trust fund billions, in the middle of a worldwide pandemic during which the clubs finances have been compromised. [15], On 24 December 2020, Sunderland confirmed that they had reached an agreement with prospective buyer Kyril Louis-Dreyfus the 22-year-old son of former Olympique de Marseille owner Robert Louis-Dreyfus for him to purchase a controlling stake in the club, subject to EFL approval. It would have involved the whole football club.. Newcastle United Owner Public Investment Fund of Saudi Arabia PIF rumoured net worth 320billion Photo. Kyril Louis-Dreyfus has been confirmed as the new owner of Sunderland. Bob Murray in my view should have kept Peter Reid on in the Sunderland hotseat in the 2002-3 season, even after his unpromising start and his failed attempt to replace Niall Quinn as the target man with the 6.75m signing of Tore Andre Flo, who by any analysis flopped at the Stadium of Light. I really think it is a great club with a great platform. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. However, Sunderland fans will be more excited by the potential takeover of the club by 23-year-old Kyril Louis-Dreyfus. Hoddle was interested in being part of Donalds project to buy a club in 2012. NFL owners are, by their very nature, . We are currently in the COVID-19-driven gloom of our third successive League One season and have had to learn live with the anticipated promotions just not happening. Home of the Daily and Sunday Express. This means that we may include adverts from us and third parties based on our knowledge of you. There is no doubting this fact: most fans feel let down; we are now a League One outfit and unless changes are made in the playing staff in the current transfer window, we will struggle to get promoted to the Championship this year. has an estimated worth of over 26billion. Sunderland 'Til I Die song: What is the song in Sunderland Till I Die? This notion is very common in top level football but does not build anything worthwhile in the longer term. Kyril is believed to have a trust fund, governed by his mother, worth 2 billion. "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.". The following two decades of Murrays leadership brought immense change and some notable success during the Peter Reid era. We have a history of wanting to change the manager at this football club. Tony Mowbray delivers 'proud' verdict after late Sunderland drama - and explains why it's left him with an injury worry, Sunderlands stunning Stadium of Light attendances compared to their Championship rivals. [7], "Who is Stewart Donald, Sunderland's prospective new chairman? He is 71 years old and is a Aries. 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. [12] In an interview with Talksport in April 2020, Donald stated that he was aware that he had made mistakes during his tenure as owner and that he understood the fans dissatisfaction. 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. Methven's exact net worth is not known, however, he does reportedly own six per cent of Sunderland. Insurance entrepreneur Stewart Donald and his partners have been holding serious discussions with at least two suitors, the people said, asking not to be identified because the information is private. "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). Or by navigating to the user icon in the top right. Revered sportscaster best known for his broadcasts of USA Volleyball and Los Angeles Lakers games. See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. 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. 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. Hopefully, after meetings this weekend, he feels the same positivity about investing in Sunderland! Did you know with a Digital Subscription to Sunderland Echo, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. ", "Ethos Broking partner Finch Group swoops for Bridle Insurance", "Eastleigh FC owner Stewart Donald has spent 10m . and would do it all again! As supporters we never really know what actually goes on behind the scenes but one thing is clear: Howard Wilkinson was a disastrous appointment following Reids departure. Do any of these figures shock you? National World Publishing Ltd. All rights reserved. Donald had revealed last month that he was heading to Monaco to meet with an investor about potentially taking some stakes in Sunderland AFC. Methven's exact net worth is not known, however, he does reportedly own six per cent of Sunderland. The sports team owners on the new Forbes 400 list are worth a combined $389 billion, up 41% over the past year. 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. In a statement, Mr Donald said: Eastleigh and Oxford are different cases to each other and, of course, smaller than Sunderland. Westgate Road epitomises the hustle and bustle of Newcastle, but just how clean are the restaurants and takeaways on the city centre staple? The list is so extensive that the topic of our managers has its own Wikipedia page: https://en.wikipedia.org/wiki/List_of_Sunderland_A.F.C._managers - even without the caretakers we have had 12 managers in that time. Odds and lines subject to change. Sir Robert Sydney Murray CBE (born 3 August 1946) is a businessman and former chairman of Sunderland AFC. How much did he pay? Sartori is married to the daughter of Russian billionaire Dmitry Rybolovlev - better known as the owner of AS Monaco. Nonetheless it would be remiss of me at this stage not to emphasise what an enormous honour it would be for me to become involved with such a historic club, in a city renowned for its rich football culture going back to 1879. [1] In April 2018, his net worth was an estimated 8.4 million. By choosing I Accept, you consent to our use of cookies and other tracking technologies. But that was again before the days of the current all-powerful voices of social media. Donald, who is leading a consortium of investors set to buy Sunderland, announced on Sunday that he would be putting Eastleigh up for sale. Well, here, we take a look at the rumoured net worth of every single Premier League owner and Sunderlands Louis-Dreyfus. Paul Sunderland (born March 29, 1952) is famous for being sportscaster. What did Kyril Louis-Dreyfus have to say about the takeover? 'I am proud to become a custodian of this esteemed institution, but I also recognise the significant responsibility that comes with it. [13], In an interview with BBC Radio Newcastle on 17 July 2020, Donald publicly named his asking price to purchase the club to any interested parties. Pic: Chris Vaughan - CameraSport via Getty Images. And it has now been confirmed, as was speculated at the time, that Uruguayan businessman Juan Sartori was the man he met at the weekends Formula 1 Monaco Grand Prix. The similarity, though, is that there is also a lot that needs to be addressed here, and it needs to be addressed with realism, focus and dedication. Louis-Dreyfus secured majority shareholding in Sunderland after English Football League (EFL) approval, but who exactly is the baby-faced man in charge? During his time as Sunderland's executive director, Methven helped improve the club's finances and their marketing strategy. Will Grigg transfer fee: How much did Sunderland pay for Will Grigg? I thought I could buy my way out of the league before, Mr Donald told the BBC. 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.
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