Sunderland AFC takeover: Who are multi-billionaire American investors Michael Dell, John Phelan, Glenn Fuhrman and Robert Platek?
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After a considering a number of investment proposals, Stewart Donald is set to allow the American businessmen to take a stake in the Black Cats – although both he and Charlie Methven will remain as shareholders.
And while the new consortium aren’t expected to take an active involvement in the running of the club, there remains a great deal of intrigue around the new shareholders of the club.
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Hide AdSo who are the four members of the consortium, and how much are they worth? We take a look?
JOHN PHELAN
Estimated worth: Unknown – but reported to be in the billions.
Business interests: Co-founder and co-managing partner of MSD Partners
Phelan heads-up MSD Partners – and has done since its inception in the late 20th century.
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Hide AdWhile much less is known about Phelan, including his exact wealth, he is a renowned art collector and is viewed as one of the top 200 collectors in the world – which suggests he has some finance of his own.
Indeed, he and wife Amy have also engaged in various areas of philanthropy – donating around $2.2million in the last 12 months.
GLENN FUHRMAN
Estimated worth: Unknown – but reported to be in the billions.
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Hide AdBusiness interests: Co-founder and co-managing partner of MSD Partners
Working alongside Phelan at MSD Partners is Fuhrman – who has previously worked with financiers Goldman, Sachs & Co in their investment division.
Another avid art collector, Fuhrman’s collection is understood to be one of the most valuable in the US.
READ: All your takeover and investment questions answered – including how close a deal is to completion
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Hide AdInterestingly, in 2013 Fuhrman and his wife Amanda sponsored the creation of the nation's largest free Wi-Fi network - covering 95 city blocks in Harlem.
ROBERT PLATEK
Estimated worth: Unknown
Business interests: Partner at MSD Partners
Platek is perhaps the least-known member of the deal, as he tends to work in the background at MSD Partners.
The Rutgers University alumni has previously been involved in several hedge funds and investment groups, and is often charged with identifying investment opportunities for Fuhrman and Phelan.
He may be tasked with ensuring any capital is invested wisely in the Black Cats.
MICHAEL DELL
Estimated worth: $31.8billion
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Hide AdBusiness interests: Founder, Chairman and CEO of Dell Technologies
The most well-known of the consortium is Dell – the founder of the famous technology company of the same name.
He will be a minority investor in the proposed deal, with the other three leading the bid.
A regular on the Forbes Rich List – ranking 25th in the most recent edition – Dell is one of America’s most high-profile billionaires.
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Hide AdDell has spent his entire career building up his own business, and has also donated to several charitable funds through a foundation set up alongside his wife, Susan.
The group has a wide-ranging portfolio, and have made a foray into the sporting world. It was a prominent part of deals to buy out UFC and baseball side Miami Marlins.