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Kyril Louis-Dreyfus: Sunderland chairman increases shareholding in club to 51%

Sunderland chairman Kyril Louis-Dreyfus has increased his shareholding in the club to 51%, amid interest in the Black Cats from a cryptocurrency group.

"Today marks an important step as we continue to rebuild Sunderland AFC," Louis-Dreyfus said in a statement.

"Our ownership group has been consolidated and there will be no further sale of shares to a third-party buyer.

"We remain committed to our strategy of delivering long-term success and sustainability and together, alongside our dedicated staff and loyal supporters, I believe we can now move forward as one unified football club."

In addition to Louis-Dreyfus increasing his share in the club, co-owner Juan Sartori has, in parallel, increased his own stake to 30%.