Former Sunderland striker Kevin Phillips has told Football Insider that Newcastle United’s recent takeover is good news for Sunderland.
The Magpies hit the headlines late last week as it was confirmed that Mike Ashley had agreed to a £305 million sale to a consortium made up of PIF, PCP Capital Partners and RB Sports & Media.
That move ended years of speculation over whether Ashley would sell the club and resulted in many Newcastle fans taking to the city’s streets in celebration at the news.
And now Phillips has moved to claim that the takeover could also be good news for Newcastle’s arch rivals, as he stated the following recently:
“I think there will definitely be positives to come out of it for Sunderland as well. It is great news because it will bring investment into the North East.
“Sunderland have their own troubles to worry about. They need to get out of League One.
“If Newcastle enjoy success under these new owners it will inspire Louie-Dreyfus. The new owner at Sunderland is ambitious and is already doing great things there. I’m sure he will look up the road at Newcastle and be encouraged by the scenes there.”
Sunderland themselves were taken over not too long ago and will now be hoping that Louie-Dreyfus can drive them on to new heights.
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At the time of writing, the Black Cats have made a great start to the season on the pitch and sit in and around the play-off places of Sky Bet League One.
The takeover is certainly great news for the North East but it is as yet unclear as to how it will be viewed down the road at Sunderland.
There is a chance that if Newcastle achieve success over the coming years that more potential news fans choose to go and watch the Magpies as opposed to the Black Cats.
However Sunderland will surely be focused on their own development and their main priority now will be to get out of League One and look top get back towards being a Premier League side again.
They have been in the third tier for far too long and the hope will be now that Lee Johnson and his players can take them to new heights this season.