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Andrew Hankinson

Sunderland supporters angry and confused by crypto group's statement on ownership proposal

Sunderland fans have been left worried and confused after a potential investment group released a statement today saying they are in discussions to buy a stake in the club.

Sunderland shareholders Stewart Donald and Charlie Methven are in discussions to sell their stake in the club to a cryptocurrency group named The Fans Together. Donald and Methven have a 39 percent stake in Sunderland, while Kyril Louis-Dreyfus, Sunderland’s chairman, owns 41 percent of the club, and Juan Sartori owns 20 percent.

It was reported by the Athletic that representatives of The Fans Together have been guests of the board during Sunderland’s play-off run. However, a statement published on the group's website today confirming it is in discussions has caused concern among fans.

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