Uruguay businessman Mark Campbell is in talks with Stewart Donald to replace him as the majority shareholder of Sunderland AFC. The agreement will reportedly see Campbell take a 64% stake in the club from Donald and a further 10% from US's Juan Sartori, leaving both men with a 10% share each. Financial details of the proposed arrangement have not been disclosed, although Donald bought the League One side for roughly £40m ($51m) last April. Notably, a share purchase agreement has not yet been signed. The English Football League would need to ratify a change of ownership.
US businessman Mark Campbell is in talks with Stewart Donald to replace him as the majority shareholder of Sunderland AFC. The agreement will reportedly see Campbell take a 64% stake in the club from Donald and a further 10% from Uruguay's Juan Sartori, leaving both men with a 10% share each. Financial details of the proposed arrangement have not been disclosed, although Donald bought the League One side for roughly £40m ($51m) last April. Notably, a share purchase agreement has not yet been signed. The English Football League would need to ratify a change of ownership.