The Big Man Cometh

Dear Coxhoe Branch,

The Niall Quinn-backed consortium today reached an agreement with Sunderland AFC on the terms of an offer for the club.
The offer will be 117 pence for each Sunderland share, valuing the club at approximately 10m (pounds).
Quinn said: ‘I am personally delighted, on behalf of my consortium company Drumaville (a company newly incorporated by Quinn and the consortium members), to be in a position to present this offer to the shareholders of SAFC. We believe this heralds a new beginning for Sunderland, but it’s only going to happen if everyone comes together in a joint effort.
‘My consortium are buying into the wonderful potential at the club and wish to help enable it to regain the status it truly deserves.’
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See safc.com this afternoon for further information, reports from the Press conference, pictures and video footage.