Newspaper article Evening Chronicle (Newcastle, England)

Little to Cheer about for Cats; SUNDERLAND'S FUTURE LOOKING BLEAK AFTER YEARS OF MISMANAGEMENT

Newspaper article Evening Chronicle (Newcastle, England)

Little to Cheer about for Cats; SUNDERLAND'S FUTURE LOOKING BLEAK AFTER YEARS OF MISMANAGEMENT

Article excerpt

Byline: COMMENT By JAMES HUNTER SAFC writer james.hunter@trinitymirror.com @JHUNTERCHRON

DAVID Moyes' resignation as Sunderland manager will be celebrated by many on Wearside - but it should also raise a gigantic red flag as the club faces up to life in the Championship.

Sunderland fans have turned against Moyes as the club slid inexorably towards relegation, a significant number have been calling for change, and there was no realistic prospect of the former Manchester United and Everton boss turning the tide of public opinion.

But whoever now takes on the job of becoming the club's eighth manager in less than six years will inherit the remnants of a failed squad, a dressing room containing several rotten apples, and will be expected to transform The squad flirted drop for and finally the plunge rebuilt ... is no Sunderland's fortunes with nothing more than a handful of chump-change.

Earlier this month Moyes met owner Ellis Short and chief executive Martin Bain 48 hours after Sunderland's relegation was confirmed and was given a glimpse of what life would look like next season, and came away hugely concerned.

The squad that has flirted with the drop for the last four years before finally taking the plunge needs to be rebuilt from scratch and there is simply no budget available. Sunderland's latest accounts showed the club is more than PS110m in debt and has a crippling wage bill - the latter will reduce as almost all players have a clause reducing their salary by 40% in the event of relegation, but even that will not bring it within acceptable parameters in the Championship.

Because relegation means Sunderland can kiss goodbye to the PS100m they earned from Premier League TV money this season.

By way of comparison, neighbours Newcastle United earned around PS7.5m in their Championship-winning campaign. …

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