By Kevin Phillips

4th Jul, 2021 | 12:56pm

Phillips delivers transfer reveal after confirmed Sunderland departure

Kevin Phillips insists Sunderland will still have money to spend ths summer after Tom Sloanes resigned from the club’s board.

The Black Cats legend, speaking exclusively to Football Insider, speculated what this latest shakeup could mean for Lee Johnson and his players.

On 30th June, Sunderland announced Sloanes had resigned from his role on the club’s board of directors.

Sloanes was appointed as a Non-Executive Director at the Stadium of Light in December 2019.

He had previously worked for BETDAQ, the club’s former Principal Partner, and is a lifelong Sunderland fan.

The Black Cats were by taken over by Kyril Louis-Dreyfus last summer and Phillips insists the new owner will still be making funds available this summer.

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“Hopefully this doesn’t affect what Lee Johnson and the squad are doing,” Phillips told Football Insider correspondent Dylan Childs.

“The new owner is gradually going to get rid of people that have been there for a while.

“The club needs changing. Change needs to happen for Sunderland to get out of League One.

“I don’t think it will affect the staff or players. The chairman will make funds available, I’m sure.

“This is just the start of the jigsaw. You have to look at it as a positive.”

Sunderland are preparing for another season in League One after losing in last season’s playoff semi-final.

The Black Cats lost 3-2 on aggregate to Lincoln City despite a strong performance in their second leg win.

In other news, Sunderland agree to sign Dyce after his West Brom exit – Sources.