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Sunderland set takeover date after reaching agreement with Kyril Louis-Dreyfus

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Sunderland have announced they have reached a takeover agreement with a consortium led by 22-year-old Kyril Louis-Dreyfus. The deal is subjected to clearance by the EFL but, if approved, Louis-Dreyfus will take up his post as the club's new chairman early in the new year.

Louis-Dreyfus said: “First, I would like to thank Stewart Donald for his integrity and reasonableness over the last three months, which has led to me having the opportunity to take a controlling stake in Sunderland AFC. "I am fully aware of the efforts undertaken by the current ownership and Board to protect the viability of the Club and respect the difficulty of this task, given Sunderland’s recent past and the current economic climate. “We respectfully await the EFL’s

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