Sunderland figure reveals historic and worrying £22m black hole in finances that had to be fixed

The previous chairman of Sunderland disclosed a financial shortfall of £22 million from 2006. According to Niall Quinn, Sunderland’s finances were in dire straits in 2006.   After his legendary partnership with fellow forward Kevin Phillips, the former striker for Arsenal, Manchester City, and the Republic of Ireland joined Sunderland in 1996 and remained there…

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