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French billionaire-heir Kyril Louis-Dreyfus completes takeover of Sunderland and promises 'exciting new chapter' in club's history as outgoing owners admit Black Cats' lack of success on the pitch has been 'a bitter disappointment'

Daily Mail | February 18, 2021

Related Topics: Sunderland A.F.C., Louis Dreyfus Group, France, Kyril, Prince of Preslav, Lincoln City F.C., Charlie Methven, EFL League One, Stewart Donald, Juan Sartori, Robert Louis-Dreyfus

Kyril Louis-Dreyfus - the 23-year-old heir to the multi-billion pound Louis-Dreyfus Group - has been confirmed as Sunderland's new owner.

The Frenchman has bought a controlling stake in the League One club with Stewart Donald, Juan Sartori and Charlie Methven each retaining a minority shareholding.

The Louis-Dreyfus Group, a world leader in food processing, agriculture and transport as well as owner of several hedge funds, has an estimated worth of over £26billion.

New Sunderland owner Kyril Louis-Dreyfus watches their win over Lincoln City in the semi-finals of the Papa John's Trophy on Wednesday night
Sunderland are currently sat in seventh in League One, a point outside the play-off places

Sunderland are currently sat in seventh in League One, a point outside the play-off places

Who is Sunderland's new owner?

See full article at Daily Mail