Stewart Donald is likely to become a sleeping partner as part of Sunderland’s proposed takeover deal, according to Phil Smith of the Sunderland Echo.
The Black Cats are putting the finishing touches to a deal that will see Donald sell the bulk of his shares as the club prepare for an exciting new era.
As part of the deal a consortium led by Kyril Louis-Dreyfus and current minority shareholder Juan Sartori will purchase a majority stake and take control of the club.
The layout of the shares is yet to be determined, meaning that there’s an element of uncertainty over the role that Donald will play in the club moving forward.
Some are concerned that the impact of a takeover will be limited with the current chairman still part of the boardroom set-up, but according to Smith of the Sunderland Echo Donald could become a silent partner, however this is not confirmed.
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Writing for the Sunderland Echo, Smith said: “It led to alarm when Johnson discussed his conversations with Stewart Donald, as supporters are clearly expecting a takeover, as promised, to lead to a major reduction in Donald and Charlie Methven’s influence.
“It’s our understanding that Donald is likely to become a sleeping partner in the new structure, but there remains much unclear.
“The commitment to the academy and an attacking style of play, as well as a long-term vision for recruitment, are all encouraging and represent exactly what fans have been hoping for.
“Clarity on this will be absolutely key if Speakman and Johnson are to get the clean slate they need with which to try and drive the club back towards where it belongs.”
A takeover decision is long overdue as fans await clarity on the arrangement.
Stewart Donald clearly wants to keep a stake in the club but understandably the supporters are keen for a fresh start as the club move into a new era.
We’ll only know the answer when a statement is made, and until then it seems that the Wearsiders will need to be patient.