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Matty Hewitt

Fans Together release statement after Kyril Louis-Dreyfus tightens Sunderland reins

The Fans Together group have wished Sunderland well after Kyril Louis-Dreyfus exercised his pre-emption rights to increase his share in the club. The Black Cats majority shareholder increased his stake to 51% purchasing a further 10%.

Charlie Methven, who had previously owned a 5% stake in Sunderland, no longer has any, while Stewart Donald has seen his stake almost half from 34% to 19%. Juan Sartori holds the remaining 30% after increasing his stake in the club from 20%.

The announcement comes just two weeks after Donald and Methven revealed that they had accepted two bids from external parties in order to sell their remaining stakes in the club, with Louis-Dreyfus and Sartori later releasing a statement, seemingly opposing the deal.

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