Chinese consortiums sounded out over possible £150million Sunderland buyout, say reports



Consortiums in China have been sounded out over a possible takeover of Sunderland AFC, according to reports.
No deal has been agreed and discussions with any potential investors have not progressed past the sounding-out stage.
The Sun report representatives of owner and chairman Ellis Short have spoken to different Far East firms, with Short valuing the club at around the £150million mark.
But the club's perilous league position is reported to have put one potential group off.
Sunderland are currently bottom of the Premier League with just two points from their opening eight league... read more

 
18 October 2016 in Regional North East, Views: 48
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