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Germans now sole bidders for Sunderland

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A consortium of Sunderland supporters bidding to take over the club has pulled out of the running. Because of film and television commitments they think it isn't the right time to get involved.  It is hoped that new owners will be in place before the end of the month.

It appears that an offer of £85m has been made for Ellis Short's 90 per cent stake by the German consortium.   This is below the £100m he was originally seeking.