Newspaper article Evening Chronicle (Newcastle, England)

Shareholder Ellis Will Not Short-Change Cats - Quinn

Newspaper article Evening Chronicle (Newcastle, England)

Shareholder Ellis Will Not Short-Change Cats - Quinn

Article excerpt


NIALL QUINN says Sunderland fans have no cause to be suspicious of American investor Ellis Short's involvement on Wearside.

Texas-based Short became the largest single shareholder back in September, but has since preferred to keep a low profile and leave the day-to-day running of the club to chairman Quinn.

But Quinn says Short has proved his commitment to the club by bankrolling Sunderland's signings last summer - and without him, the likes of Djibril Cisse, Anton Ferdinand, Steed Malbranque, George McCartney and Teemu Tainio would not be on Wearside.

And Short's cash also enabled Sunderland to reject Spurs' big-money bid for Kenwyne Jones last month.

Quinn said: "Ellis Short's money was responsible for the three Spurs players, Ferdinand and McCartney coming to the club, as well as Djibril's loan fee.

"We were able to bring all of them in because of Ellis Short.

"The original Drumaville investors had the option of being bought out, of taking Ellis's money, but they said no.

They wanted to dilute the shares so that his money could be used on players.

"So his money was vital.

"Sunderland fans won't understand how much because he doesn't like publicity. And he has options to take more of a stake than he currently has over a period of time and that will again go on investment in players.

"He doesn't tell us what to do. He supports.

"But he likes to see us being intelligent and slick about our business and the disposal of some excess players was a help to us economically and also to the dressing room.

"The club has never had the sort of backing before that he is providing now and we will have it as long as we are showing ourselves to be a smart outfit."

Quinn also insisted that Short is a genuine football fan who is determined to bring success to Sunderland. …

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