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Report claims Stewart Donald has turned down Sunderland sale approach

Ian Horrocks/Sunderland AFC via Getty Images
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Sunderland are in League One at the moment.

Sunderland owner Stewart Donald talks to the fans during the Sky Bet League One match between Sunderland and Wycombe Wanderers at Stadium of Light on November 17, 2018 in Sunderland,...

Sunderland owner Stewart Donald has turned down a bid from a mystery Malaysian buyer, according to The Sun.

It has been reported by the British tabloid that Donald has turned down the approach to buy Sunderland due to the number of instalments in the package.

“The Malaysians are willing to pay a guaranteed £45m with a further £25m if Sunderland make it to the Premier League,” states the report in The Sun.

“However, the up-front money is only £20m and the rest of the cash would be paid over the next five years at the rate of around £5m a season.”

The Sun has claimed that Sunderland owner Donald is willing to sell the Black Cats.

Sunderland owner Stewart Donald during the Sky Bet League One match between Sunderland and Wycombe Wanderers at Stadium of Light on November 17, 2018 in Sunderland, United Kingdom.

Promotion push

Sunderland are aiming to win automatic promotion from League One to the Championship at the end of the season.

Jack Ross’s side are third in the league table at the moment with 83 points from 42 matches.

The Black Cats are just two points behind second-placed Barnsley, who have played 43 matches, and seven points behind leaders Luton Town, who have also played 43 games.

Sunderland will return to action on Monday afternoon when they take on Peterborough United away from home in League One.

The Black Cats will fancy their chances of winning against Peterborough and will be confident of clinching automatic promotion to the Championship.

A general view of the Stadium of Light before the Sky Bet Championship match between Sunderland and Burton Albion at Stadium of Light on April 21, 2018 in Sunderland, England.