William Storey is once again fronting a bid to buy Sunderland from the current shareholders, this time his bid is valued £42m. He has tried previously, back in 2020, but was unsuccessful in his pursuit.
He now wants to take on 100% of the shares, buying out all four of the club’s current owners. However, there are serious questions marks as to whether Storey actually has the capital to purchase the Black Cats and then fund the club with transfers, wages, etc.
The Daily Mail broke the news of his potential interest and there is reported interest within the current ownership group of selling up. Stewart Donald, who has a 34% share, and Charlie Methven who owns 5% have spoken of their desire to sell their shares in Sunderland due to their lack of an active role in the running of the club.
