Sunderland takeover completed as club books place in Papa Johns Trophy Final

New era begins

It has undoubtedly been tough supporting Sunderland over the last few years. The club has fallen down the Football League pyramid since being relegated from the Premier League at the end of the 2016-2017 season.

However, today is a day that fans can start to have hope again as the English Football League have approved the takeover of the club by 23 year old Kyril Louis-Dreyfus.

An agreement was reached for Louis-Dreyfus to buy a controlling interest in Sunderland in December, but the League One club had to wait for the EFL to give the deal the green light.

Louis- Dreyfus is the son of former Marseille owner Robert Louis-Dreyfus and the Frenchman becomes the youngest chairman in English football.

Louis-Dreyfus acknowledged that there are “challenges to overcome” due to the “current landscape facing football” but said there was cause for optimism.

“I am proud to become a custodian of this esteemed institution, but I also recognise the significant responsibility that comes with it,” he said.

“I am confident that together we can weather the present storm and put solid foundations in place to bring sustainable and long-term success to the club.”

Former Sunderland owner Stewart Donald will keep a minority shareholding as will Charlie Methven and Juan Sartori and the club is now debt free. 

Wembley Booked

Sunderland takeover completed as club books place in Papa Johns Trophy Final

LONDON, ENGLAND – DECEMBER 05: A general view outside the stadium as the Wembley Arch shows the colours of the ‘Stonewall Rainbow’ campaign ahead of the Premier League match between Tottenham Hotspur and Southampton FC at Wembley Stadium on December 5, 2018 in London, United Kingdom. (Photo by Catherine Ivill/Getty Images)

Sunderland booked a place in the Papa Johns Trophy last night after a penalty shootout victory over Lincoln after a 1-1 draw.

Manager Lee Johnson said of the victory, “We know the last few years have been negative – this is hopefully the start of the resurrection”.

The mood will have improved even more today.

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New era beginsIt has undoubtedly been tough supporting Sunderland over the last few years. The club has fallen down the Football League pyramid since being relegated from the Premier League at the end of the 2016-2017 season.However, today is a day that fans can start to have hope again as the English Football League haveFootball (soccer) greatest goals and highlights | 101 Great Goals – Feed

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