SMA NEWS – LONDON
Kyril Louis-Dreyfus has become English football’s youngest chairman after the 23-year-old completed his takeover of League One side Sunderland on Thursday.
The Frenchman, the son of late Marseille owner and billionaire Robert Louis-Dreyfus, sealed the deal after being granted approval from the English Football League.
Louis-Dreyfus originally agreed to purchase a controlling interest in the Black Cats in December.
He watched the team lose 2-1 against Shrewsbury last week in his first public appearance since his takeover at the Stadium of Light was announced on Christmas Eve.
“I am proud to become a custodian of this esteemed institution, but I also recognize the significant responsibility that comes with it,” Louis-Dreyfus said.
“I am confident that together we can weather the present storm and put solid foundations in place to bring sustainable and long-term success to the club.”