Former Sunderland owner Ellis Short was forced to sack manager Chris Coleman and clear Sunderland's debts of around
Sportsmail (via Mail Online) reports the Donald's deal to take over the club would not have gone through had the manager and the debt remained in place, leaving Short with no choice but to pay out Coleman's two-year contract and fork out a further
CLUB STATEMENT: Sunderland AFC to change ownership pic.twitter.com/REy00JBFsl— Sunderland AFC ⚪ (@SunderlandAFC) April 29, 2018
The American billionaire has been desperate to sell the club and end his nine-year stint since the end of last season, which saw Sunderland finish bottom of the Premier League. In so doing, Short has taken a financial hit as we was funding losses
Sunderland's new owner, Stewart Donald and his group of foreign investors will now appoint their own choice of manager to lead the club back to the Championship with former Sunderland boss Mick McCarthy, ex-Oxford United coach Michael Appleton and Sheffield United's Chris Wilder among those under consideration.
Club Statement: Chris Colemanhttps://t.co/xB61bqeVw2— Sunderland AFC ⚪ (@SunderlandAFC) April 29, 2018
Short broke the news of the takeover in a statement released by Sunderland, where he expressed his sadness of the situation and revealed that things didn't go as it was originally planned and that 'a decade of Premier League football has been overshadowed by the low points of the last two seasons'.
"It is no secret that I have been trying to sell Sunderland.