Sunderland takeover latest – Kyril Louis-Dreyfus in pole position

Kyril Louis-Dreyfus

Kyril Louis-Dreyfus, the 23-year-old who wants to buy Sunderland Football Club, remains the favourite to complete a takeover of the club despite interest from American investors.

Sunderland chief executive Jim Rodwell confirmed earlier this month that a potential buyer is currently in a ‘period of exclusivity’ and that is believed to be Louis-Dreyfus and Uruguayan businessman and politician Juan Sartori, whose Russian father-in-law, Dmitry Rybolovlev, owns French outfit Monaco. Sartori already owns 20 percent of the club but has partnered with Louis-Dreyfus for the takeover attempt. It is not known if Sartori wants to increase his 20 percent stake.

Black Cats owner Stewart Donald wants to sell the majority of his 75 percent shareholding in the club. There are suggestions that he may retain a 15 percent minority holding with Charlie Methven keeping his 5 percent.

American investor Matthew Pauls wants to mount a takeover attempt and is closely monitoring developments. Pauls, who is heading a consortium, has been in London for several weeks in a bid to put together a package to purchase the club if the Louis-Dreyfus-Sartori attempt fails. Again, if Pauls did take control of the club, it is widely expected that Stewart Donald would retain a minority stake.

Sources close to Sartori claim a deal could be completed by early December.

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