Sunderland reach deal to sell majority stake in women's team

Sunderland have reached an agreement to sell a significant majority stake in their women’s team to Bay Collective, the multi-club ownership group backed by Sixth Street, a U.S. private investment firm.Specifics of the deal have not been disclosed but multiple sources with knowledge of the discussions, speaking on condition of anonymity to protect relationships, confirmed to The Athletic Bay Collective will acquire a holding in the region of 80 per cent, pending approval from WSL Football, which oversees the top two divisions of women’s football in England. That 80 per cent figure mirrors reporting from Bloomberg in late March.Advertisement