Kieran Maguire issues 'toxic' Sunderland claim as £11m deal on the cards
Kyril Louis-Dreyfus could end a “toxic” era at Sunderland if he buys out Stewart Donald and Charlie Methven.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the internal power struggle at the Stadium of Light.
Louis-Dreyfus currently owns 41 per cent of the Black Cats, which amounts to a controlling stake.
The remaining equity is in the hands of Donald and Methven as well as their Madrox partner Juan Sartori.
The Sunderland Echo reported last Friday (13 May) that Louis-Dreyfus is keen to take total control of the club.
It is understood that Methven and Donald would part with their shares for £10.7million.
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Maguire explained how the day-to-day dynamics at the club would shift if Louis-Dreyfus hads near-total control.
“Decisions under this format would be made more smoothly,” he told Football Insider’s Adam Williams.
“Methven and Donald are a toxic legacy of some of the worst years in the club’s history as far as fans are concerned.
“They had two years of parachute payments in League One and failed to get promoted. Fingers have to be pointed at Donald and Methven because it is ultimately their responsibility.
“With a majority stake, there can be more focus and the club can be run on a more streamlined basis.
“If he is to be constrained in terms of what he can invest because all shareholders have to agree on the level of spending, they are then acting liking an anchor.”
Sunderland posted an £11.3m loss for the 2020-21 financial year.
Revenue will soar if they triumph over Wycombe Wanderers in the League One play-off final at Wembley on Saturday (21 May).