have entered into discussions with a number of parties over a potential takeover of the club.
Current owner Ellis Short has been looking to sell the club for some time and, following the side’s relegation from the Premier League, it appears as if the American will finally cut his ties.
However, in a club statement, Sunderland admit that the takeover talks are likely to delay the process of finding a new manager.
Aberdeen manager Derek McInnes had initially been approached by the club but rejected the offer in favour of staying in Scotland on Thursday.