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Quinn confirms Sunderland deal

Niall Quinn's consortium today confirmed they have reached an agreement on a £10million cash offer for Sunderland.

The Drumaville company, shared by the former Republic of Ireland striker, are seeking a 90% ownership of the club, meaning they need to buy a significant number of shares on top of the 56.8% owned by former chairman Bob Murray to complete a takeover.

'I am personally delighted on behalf of my consortium company Drumaville to be in a position to present this offer to the shareholders and fans of SAFC,' said Quinn.

'We believe this heralds a new beginning for Sunderland, but it is only going to happen if everything comes together in a joint effort.'

 
Former Sunderland and Republic of Ireland striker hopes his consortium can hep restore Sunderland's fortunes
Former Sunderland and Republic of Ireland striker hopes his consortium can hep restore Sunderland's fortunes
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