By Kieran Maguire

12th Jun, 2022 | 8:14am

Kieran Maguire lambasts 'embarrassing' Sunderland takeover lies after talks update

It would be “embarrassing” for Sunderland to get into bed with a company like The Fans Together.

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the “nonsense” the cryptocurrency firm is peddling about the nature of a partial takeover at the Stadium of Light.

As relayed by The Athletic last Wednesday (8 June), The Fans Together are in discussions with Stewart Donald and Charlie Methven to purchase their 39 per cent stake in Sunderland.

Both shareholders have been actively seeking buyers since February.

The Fans Together propose to offer fans a direct route to dictate club policy through a cryptocurrency token voting mechanism.

But Maguire insists that a partial takeover from the group would make the Black Cats a laughing stock among rivals.

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“I think this is embarrassing,” he told Football Insider.

“But then Donald and Methven have been an embarrassment for Sunderland and the fanbase literally since the first day they walked into the club.

“They are the Stan and Ollie of football club owners. They provide huge amounts of mirth for fans of other clubs much to the shame of Sunderland themselves.

“The way that this crypto organisation is talking about giving access to fan ownership is complete nonsense. All they are trying to do is sell their product and services and give an illusion of benefits to fans.

“The Roker Report is very pithy in its analysis, and I echo everything they say. Sunderland should represent the people of Sunderland. The Fans Together are about as far away from that as possible.”

Kyril Louis-Dreyfus, who owns 41 per cent of Sunderland, has reiterated his commitment to the club.

The 2021-22 League One play-off champions are gearing up for their first season back in the Championship since 2017-18.

In other news, ex-Fifa official issues emphatic claim as EFL confirm radical new Sunderland plan.