Sunderland are the latest American-owned club in the Premiership after Irish-American businessman Ellis Short acquired the club. Short, who is the billionaire president of Lone Star Funds, now lives in this country. Short said, ‘Sunderland is a very big club with a lot of fans, a big stadium, and a lot of revenue – and where you are in the position we are, where you are trying to improve things, it takes money.’ Sunderland’s battle against relegation this year was consistent with its reputation as a yo-yo club.
Sunderland are the latest American-owned club in the Premiership after Irish-American businessman Ellis Short acquired the club. Short, who is the billionaire president of Lone Star Funds, now lives in this country. Short said, ‘Sunderland is a very big club with a lot of fans, a big stadium, and a lot of revenue – and where you are in the position we are, where you are trying to improve things, it takes money.’ Sunderland’s battle against relegation this year was consistent with its reputation as a yo-yo club. However, Short has said that he does not want to ever go through a relegation battle again and is aiming at a top ten finish next season. He commented, ‘It’s a very well-run club, the scouting organisation, and the youth development programme are in place, so it’s got all the pieces in place to be a long-term successful, powerful club.’
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