Sunderland announced manager Chris Coleman had been released from his contract on Sunday, the same day owner Ellis Short agreed to sell the club to a consortium led by Stewart Donald.
The Black Cats announced Coleman’s departure before sharing a statement from Short detailing the sale to Donald, chairman of Eastleigh:
CLUB STATEMENT: Sunderland AFC to change ownership pic.twitter.com/REy00JBFsl
— Sunderland AFC 🔴⚪ (@SunderlandAFC) April 29, 2018
The north-east outfit were relegated from the Championship following a recent 2-1 defeat to Burton Albion, and fans will be hoping for an immediate promotion back to England’s second tier.
Sunderland’s drop to League One will see them play third-tier football for the first time since 1987-88, the only other campaign in their history they have played below the second division.