Following their relegation from the Championship, Sunderland was sold by its owners and Chris Coleman was released from his contract at the Stadium of Light.
Fans of the Black Cats were hit with a double-header of news today as manager Chris Coleman was released from his contract and the club was sold by its owner, Ellis Short.
A group of investors led by Stewart Donald, the chairman of National League side Eastleigh, were the ones to take the reins in the wake of this recent shift. This movement came on the back of Sunderland’s recent relegation to League One and while the club has experienced its fair share of lows in recent years, in a statement posted to the team’s official Twitter page, the former owner Short has projected his positive outlook for the future.
CLUB STATEMENT: Sunderland AFC to change ownership pic.twitter.com/REy00JBFsl
— Sunderland AFC (@SunderlandAFC) April 29, 2018
Coleman left his spot as the manager of the Welsh national team in order to take over at the Stadium of Light last November but with his failure to keep them afloat, it is looking as though a new era will be ushered in for the former-Premier League side.
With this season now coming to a close, things could get very interesting for Sunderland over the summer as the new owners make their pick for the replacement coach.
Cillian Cunningham, Pundit Arena