Date: 26th March 2018 at 6:24pm
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It’s being reported today that Niall Quinn has spoken to owner Ellis Short over potentially leading a take over consortium.

The BBC were one of many to cover the story about our former player, manager and chairman and he is said to be currently fronting a consortium by unnamed Irish and north east businessmen and it’s long been suggested and confirmed that Short was looking to quickly sell up following relegation from the Premier League and ongoing struggles this year in the Championship.

The BBC suggest that talks have taken place as Short wants to ensure the club doesn’t enter into administration and the plan is he would keep funding the off field business, whilst the new consortium would have two years to rebuild the footballing side.

Other debts would be serviced by the Premier League parachute payments with Short seeking the return of his funds at the end of that two year ‘grace period’.

Short has previously admitted he would give the club away for free if a new party would take on the debt and the two have worked together previously during Quinn’s time as chairman.

The BBC report has now been edited to state Sunderland have distanced themselves from the original reports.

Such is life at the Stadium of Light, Sky Sports are running a contradictory piece to the original BBC report saying Quinn has been approached to serve an advisory role only by the unnamed consortium, and they understand that no talks have yet been held between Quinn and Short – nor with chief executive Martin Bain – and that Quinn himself has no interest in returning to football at that level.

So like many, I have no idea what’s actually going on.

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