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Stewart Donald (born 1974/1975) is an English businessman and football administrator. "I came in and it was a bit of a mess, I didn't get it the way the fans wanted and I got a bit of flak for that - and that's all fair enough. Stewart Donald and Charlie Methven agree deal to sell Sunderland shares "If he came back to me with a different deal, and I would stress that no-one is in the data room so nobody has given me proof of funds or a letter of intent, can I consider it? Or by navigating to the user icon in the top right. Sunderland owner Stewart Donald agrees sale to Kyril Louis-Dreyfus 'Q. I havent been able to do that.. Sunderland supporters waited with bated breath after a report claimed Stewart Donald and Charlie Methven had agreed to sell their shares in the club. Donald, chief executive Jim Rodwell, and executive director Neil Fox, met representatives from fan groups including Red and White Army, the Branch Liaison Committee, and the Senior Supporters' Association, at the Stadium of Light this afternoon. "Pre-sale all that money will have been passed back to the club," he said. Ten players you probably forgot played for Sunderland in League One, Former Sunderland defender earns fresh start at Wycombe Wanderers, Charlie Methven Charlton takeover off with former Sunderland owner blasted over his conduct, Tony Mowbray: 'I dont want to keep repeating this but the Sunderland fans are amazing, FEATURE: 15 random former Sunderland players you probably didn't know still work in football, Former fan favourite back at Sunderland to help develop new hero. This means that we may include adverts from us and third parties based on our knowledge of you. According to BBC Radio Newcastle's Sunderland AFC commentator Nick Barnes. "I've seen the fan groups today to try to allay their fears that I am being awkward or trying to block the sale - I am absolutely not.". 'Q. Sunderland fans left feeling 'misled and lied to' as ownership The club are waiting on approval . There will always be regret that I didnt manage to deliver them the promotion that they badly wanted and deserved so thats gutting but by the same taken, it wasnt in the best of conditions. Stewart Donald at Sunderland's game against Ipswich. It is seriously, seriously, complex because there are so many moving parts to this. Sunderlands Stadium of Light. Why does Stewart Donald still have shares in Sunderland? I did my very best with it. Stewart Donald gave former owner Ellis Short 40m in exchange for clearing the club's debts when he took over in May 2018. ', The statement continued: 'SAFC has also been in dialogue with supporter groups to ensure any and all outstanding concerns are clarified.'. Sunderland fans hold up a banner that reads 'Madrox Out'. Stewart Donald: Sunderland owner trying to sell club after 19 months - BBC However, recent events indicate that is not what some fans wish for and, as football supporters themselves, the board understands that long-term success cannot be achieved by a disunited club., Donald then signed off with that plea for unity. Stewart Donald resigns as chairman - SAFC - Sunderland AFC Owner Stewart Donald says he is "desperately trying to get out" of Sunderland and denied that he has acted as a "crook, a charlatan and a thief". No. "I wouldn't sell to him on the deal that we had before. "I've seen the fan groups to try allay fears that I'm being awkward or trying to block the sale. Sunderland have confirmed that co-owner Kyril Louis-Dreyfus has become the clubs majority shareholder after increasing his stake in the Black Cats to 51%. Sources close to the deal expect it to be completed in the next fortnight. Stewart Donald will become the new chairman of Championship club Sunderland AFC after Ellis Short agreed a deal to sell the club to an international consortium headed by the . I talk to Kyril but they make all the decisions, as they should. "My phone number was posted online and I have had to take some security measures. "Do I want to sell to a credible person that will take the football club forward? Donald went on to say he had "offered the club" to fans' groups to buy. Sunderland's new majority shareholder", "Louis-Dreyfus acquires controlling interest in Sunderland AFC", https://www.safc.com/news/club-news/2023/may/club-statement-shareholder-update, "Eastleigh chairman Stewart Donald reveals his 3m cash injection into the club", https://en.wikipedia.org/w/index.php?title=Stewart_Donald&oldid=1158771211, This page was last edited on 6 June 2023, at 03:50. Sunderland owner: Who is Stewart Donald? How much did he pay? But in July it was revealed that Donald had entered a period of exclusivity with a potential buyer, and this week chief executive Jim Rodwell postponed a scheduled meeting with fan groups, saying it would be inappropriate to talk about the takeover 'due to the advancement and sensitivity of this process'. It brings an end to a dark chapter in the clubs history which saw Donald, along with Charlie Methven, often accused of asset stripping the club while trying to use Sunderland as little more than a get-rich-quick scheme. The cryptocurrency group are said to be keen on purchasing Donald and Methven's remaining 39 per cent stake in the club which they have held since the summer of 2018. We've taken a look back at all the key moments over the last year and given an insight into where Black Cats fans stand today. Are Madrox continuing to invest in the club? [14], On 24 December 2020, Sunderland confirmed that they had reached an agreement with prospective buyer Kyril Louis-Dreyfus the 22-year-old son of former Olympique de Marseille owner Robert Louis-Dreyfus for him to purchase a controlling stake in the club, subject to EFL approval. Stewart Donald is actively attempting to sell Sunderland, as the club respond to their disgruntled fan base. Donald was the majority shareholder for nearly three years after buying the club from Ellis Short in 2018. Juan Sartori has a 20% stake whilst Charlie Methven owns 5%. Or by navigating to the user icon in the top right. "They didn't know the figures, so we gave them the figures. However, sources told us that at least one group have reached out to Donald over a sale of the club but found the process slow and complicated, leading them to become frustrated and look elsewhere in their pursuit to buy an EFL club. Donald said that the process would take 'a month or two' to be completed. Then I think we got within three or four points of automatic promotion again but we didnt do it. In an exclusive interview with BBC Radio Newcastle's Sunderland commentator Nick Barnes, Donald denied reports he is "being awkward in the sale". Louis-Dreyfus picked up the first piece of silverware as Sunderland owner as the Black Cats won the Papa John's Trophy - ending their 48-year Wembley hoodoo. Stewart Donald, the new owner of Sunderland, has raised the startling possibility of Chris Coleman returning as manager after revealing he will pay Ellis Short 40m for the now League One. Simon Bird Football Writer 20:03, 13 Nov 2020 | | Bookmark Phil Parkinson will discuss his future with Sunderland's new owners after Stewart Donald prepares to sell his majority stake.. The fans deserve a higher standard of football, theyve always been used to it and rightly so. After pressure from fan groups who . The asking price for the League One club is 37.6m. ChronicleLive asked the club to attend the meeting but were not granted access. The club are sixth in League One after 10 games of the 2020-21 season. The Sunderland chairman denied this. Donald said: "The fans have asked me to leave and I am getting a little bit of abuse as I am sure you can imagine. Stewart Donald has broken his silence on his selling stake in Sunderland Sunderland owner Stewart Donald wants to retain stake in club after The principal owner left his role as head of the board just days after a meeting with a number of supporters' groups resulted in huge criticism. Stewart Donald has resigned as Sunderland chairman - days after a heated meeting with supporter groups. It brings an end to a dark chapter in the club's history which saw. Last updated on 17 July 202017 July 2020.From the section Sunderland. "What I would like the fans to understand is that despite the reports, I am trying to do that. How to get into football - the most popular sport in the world, with clubs and facilities throughout the UK. A two week period of deliberation would follow, with supporters left in limbo over a possible return to the club for Roy Keane. Sunderland are sixth in League One after 10 games. The exact breakdown of the shareholdings if the Sartori/Louis-Dreyfus deal goes ahead has not been confirmed, although it has been reported that Donald will retain a stake amounting to around 15 percent and Charlie Methven will keep his five per cent holding. He did not become a member of the board due to conflict of interest relating to his role at Eastleigh. Owner Stewart Donald to retain 15% of his shares, Director Juan Sartori part of new consortium. Nonetheless since then, Ive been looking to reduce that shareholding continually and hopefully by the summer that will be organised because when I sold it, it was clear in the mood music that I really shouldnt go to the games. He also stated his intention to still remain a minority shareholder once the club had been sold. And his tweet included a mocked-up image of a Sunderland kit bearing the branding of last season's kit manufacturer Adidas, rather than Nike who took over the contract this summer, and the shirt showed the logo of his drinks firm rather than the club's new main sponsor Great Annual Savings Group, whose deal was announced on Monday. He remains the club's. I can't think for any reason why if you could have a share of a club like that, you wouldn't want. While questions have been raised about how much Sartori invests himself, he was the man who brought Louis-Dreyfus to the club and he has appeared much more aligned with him than Donald and Methven over the last couple of years. Throughout any claims that Donald has been complicated to negotiate with, Madrox repeatedly said that they will only sell to the right people who they believe would take the club forward and not endanger the clubs long-term future. Read about our approach to external linking. After four or five months of seemingly nothing happening regarding the sale of the club, with it going quiet during lockdown, the issue has been reignited. Well, according to him at least, its all about how infectious the club is. "But I'd like to be more involved in the day-to-day running of a club.". Owner Stewart Donald says he is "desperately trying to get out" of Sunderland and denied that he has acted as a "crook, a charlatan and a thief". Kyril had taken over, hes got control and he needs to build his relationship with the Sunderland supporters. Sunderland's latest takeover bid has taken a fresh twist according to reports in the national press. These adverts enable local businesses to get in front of their target audience the local community. Donald, who stepped down as chairman earlier this month, has publicly stated he is "desperate" to sell his share and encouraged fans to unite to buy it. Juan Sartori holds the remaining 30% after increasing his stake in the club from 20%. [5], In April 2018, Donald was chosen to be the leader of a consortium offering to purchase Sunderland, who were put up for sale by billionaire owner Ellis Short after a second successive relegation to League One. Stewart Donald took over Sunderland from Ellis Short in May 2018. Stewart Donald stepped down as Sunderland chairman. In reality the owner has been attempting to find a buyer for several months, coming close to selling Sunderland on more than one occasion. Black Cats fans launched #DonaldOut on social media. He has given his reasons. Sunderland owner Stewart Donald has entered a period of exclusivity with a prospective buyer and could sell before the new season . Sunderland AFC today announced that Stewart Donald has resigned from his position as Chairman of the club. If you have a complaint about the editorial content which relates to And we demonstrated that the 14,000 season ticket holders that we inherited could become 25,000. Donald said his asking price for the League. All rights reserved. As always you can unsubscribe at any time. stepped down as chairman earlier this month. Stewart Donald makes admission on Sunderland future as he weighs up Stewart Donald claims 'love' for Sunderland is the reason he still has "So that means the club has had the benefit of all those monies, which I know has been a contentious issue. Phil Parkinson replaced Ross, but results have not improved under the former Bolton Wanderers manager, who has led the club to just three wins in 15 games. Analysis and opinion from our chief football writer. It said: 'Q. [15] Approval was granted on 18 February 2021 and Louis-Dreyfus became chairman and controlling shareholder, with Donald, Methven and Sartori remaining as fellow shareholders. Soft drinks tycoon William Storey claimed on social media that he has lodged a formal bid for Sunderland - although ChronicleLive were unable to confirm his interest with senior figures at the club. Ten players you probably forgot played for Sunderland in League One, Sunderland linked with swoop for Eredivisie man, FEATURE: 15 random former Sunderland players you probably didn't know still work in football, Sunderland looking to poach Birmingham City ace. [13] One day later, he stepped down as chairman of the club, while remaining owner. "They did steady the ship in a lot of ways, but we haven't ended up any further forward than we were really.". "But I'm doing my best, which I appreciate isn't good enough.". "Jim Rodwell brought someone to me months ago, and [executive director] Tom Sloanes also brought someone in, and those enquiries were dealt with straightaway, but they didn't proceed. A. I feel that the football club is in a much better condition than when I purchased it and I'll take the same money. It is understood that after months of due diligence and negotiations, the consortium made an offer two weeks ago to Donald which was accepted at the beginning of this week. Sunderland owner lashes out at 'abusive' fans in latest comments He later joined the family business, the Louis-Dreyfus Group, which is a huge multi-national conglomerate with interests in industries including agriculture, food processing, and transportation. Campbell then turned his attention to Scottish Championship Falkirk but that deal also collapsed. Editors' Code of Practice. "It's about the deal," he told BBC Radio Newcastle earlier this month. He accused fans' umbrella group Red and White Army (RAWA) of having an agenda, and telling fans that they are putting off potential buyers. The latest rumours and stories from around the world of football. STEWART Donald has broken his silence on his currently shareholding at Sunderland and has revealed he is trying to sell. Incredibly, he's blamed the League One club's fanbase for scaring off potential buyers - however club legend Michael Gray is hoping to be their hero. Results and performances on the pitch have simply not been at a level befitting of Sunderland's history and potential.