Kyril Louis-Dreyfus becomes Sunderland majority shareholder
Kyril Louis-Dreyfus has become Sunderland's majority shareholder after increasing his holding to 51 per cent, the Championship club have announced.
Louis-Dreyfus has acquired all the shares that were previously held by Charlie Methven. Methven has now left the club.
Further shares were also acquired from Stewart Donald, whose holding is now 19%.
Juan Sartori has also increased his stake to 30%.
Louis Dreyfus said in a statement: "Today marks an important step as we continue to rebuild Sunderland AFC.
"Following the 2021-22 season, it was the intention of Juan and I to ensure the ongoing speculation relating to the club's shareholding was addressed as soon as possible.
"Our ownership group has been consolidated and there will be no further sale of shares to a third-party buyer."
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