Charlie Methven claims former owner Stewart Donald would place an asking price of £11.7million on their combined 39 per cent shareholding in the club. The revelation comes after the former Sunderland owner expressed his desire to return to Eastleigh FC.
The former Sunderland director has acknowledged that it's time to close their chapter with the club, after fans were left outraged by the percentage of shareholdings they maintained after selling to Kyril Louis-Dreyfus. Methven claims that the asking price is a lower valuation than this time last year, despite '£8million investment' in the last 12 months.
Speaking to Roker Report, Methven said: "As you know, this time last year Stewart sold 41% of the club to the Louis-Dreyfus family. The details of that sale are confidential but it’s fair to say that Stewart was always hoping to find someone to purchase the entire club.