Overview
- The club, which announced the deal Tuesday, will keep a minority stake as Bay Collective takes control.
- The takeover still needs approval from football authorities before it can close.
- Both parties say they will run the team together for the rest of the Championship season.
- Bay Collective is led by former FA women’s technical director Kay Cossington, owns NWSL side Bay FC, and is backed by investment firm Sixth Street.
- Sunderland says the partnership will fund upgrades to key facilities, including the Academy of Light, with multiple reports putting Bay Collective’s stake near 80%.