Sunderland owner Ellis Short is open to selling the club, according to The Guardian.
The American financier has reportedly said any deal will have to start at the £170 million mark, with no bids believed to be on the table at the moment.
— NinetyMinutesOnline (@90MinsOnline) November 29, 2016
Sunderland currently sit bottom of the Premier League table after failing to win any of their opening 10 matches.
That inability to perform at the start of the season will not portray the Wearside club as a particularly attractive proposition for potential buyers, despite an upturn in form in recent weeks.
Furthermore, the Mackems have accrued £140 million worth of debt, making Short’s asking price a potentially major stumbling block for any deal.
The 56-year-old, however, has also claimed that he is in no rush to sell and any takeover will be in the best interests of the club.
Sunderland have consistently struggled in the Premier League and have been involved in a relegation dogfight almost every season since Short took over in 2009.
Those struggles have seen seven different managers over the last five years, with Moyes hoping to replicate his predecessors by keeping the Black Cats in the top division.
Despite finishing in the bottom six in three of the last four seasons, survival this term would see Sunderland enter their tenth successive year in England’s top flight.
Given that the Premier League is the most lucrative and financially attractive league in the world, that status alone could well be the selling point for Short, who has invested over £200 million of his own money into the Stadium of Light club.
If a deal can be done, it may be seen as a fresh start for both owner and fans, with a potentially brighter, more stable future for Black Cats fans.