Sunderland boss David Moyes has been told he will not be able to spend in January with owner Ellis Short ready to sell the club.
Black Cats chief executive Martin Bain has warned that transfer funds will be 'very limited' and says the club can no longer attempt to buy their way out of trouble, as they did when investing £15million under Sam Allardyce 12 months ago.
Bain also confirmed that American billionaire Short is willing to listen to offers for the Premier League's bottom team, although he will continue to cover all running costs as well a debt level which stands at around £140m.
'I'm not saying that Ellis Short is disappearing off into the horizon and is completely closing the purse strings - he is not.
'But the word I've got for you is "limited" - I could probably say "very limited" with regards to the transfer window.
Bain insists that Short still has the best welfare of Sunderland at heart but he admits the club is for sale, and we understand the asking price is in the region of £170m.
LINK
Black Cats chief executive Martin Bain has warned that transfer funds will be 'very limited' and says the club can no longer attempt to buy their way out of trouble, as they did when investing £15million under Sam Allardyce 12 months ago.
Bain also confirmed that American billionaire Short is willing to listen to offers for the Premier League's bottom team, although he will continue to cover all running costs as well a debt level which stands at around £140m.
'I'm not saying that Ellis Short is disappearing off into the horizon and is completely closing the purse strings - he is not.
'But the word I've got for you is "limited" - I could probably say "very limited" with regards to the transfer window.
Bain insists that Short still has the best welfare of Sunderland at heart but he admits the club is for sale, and we understand the asking price is in the region of £170m.
LINK


Comment