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  1. ITV Report

Sunderland Football Club is reportedly close to being taken over by an American investment firm

There are reports of a takeover at the Stadium of Light Credit: PA

Sunderland Football Club is close to being taken over by a major American investment firm, ITV News understands.

MSD Partners look after the business of Technology Billionaire Michael Dell and it's understood Mr Dell would be a minority investor in the proposed deal.

Sunderland's current owner, Stewart Donald, and the club's executive director Charlie Methven will remain at the club if the deal goes through.