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Post  cyprussyd on 2017-06-22, 10:43 pm

Sunderland target Preston's Simon Grayson as manager after another boss swerves the Stadium of Light hot-seat
Chris Wilder the latest to turn away from the challenge of reviving the relegated Wearsiders on a tiny budget


  • 22:30, 22 JUN 2017

[You must be registered and logged in to see this image.]Sunderland want promotion, and Grayson's delivered that four times — albeit to the Championship, not from it
Simon Grayson is being lined up to succeed David Moyes as relegated Sunderland look to get a grip on their summer crisis.

The Preston gaffer has emerged as the club’s top target – and now has to make a decision on whether to quit ­Deepdale for another gig in the Championship.

Sheffield United manager Chris Wilder, who took the Blades up last season as League One champions, was the latest boss to turn his back on the job this week.
He was one of a number of coaches of interest to the ­Wearsiders – including the out-of-work Nigel Pearson. But they are now firmly looking at Grayson, who has four promotions on his CV.
Wilder joined Aberdeen's Derek McInnes and Garry Monk, now in charge at also-relegated Middlesbrough, in turning away from the chance to sort out the ­turmoil that the drop has caused.
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Grayson is on holiday in Spain until the weekend, and Preston insisted on Thursday night they have received no formal approach from the Black Cats for their ­manager, who is on a one-year ­rolling contract.
Wilder is in talks over an ­improved ­deal at Bramall Lane after their success last term.
Sunderland’s chaotic close-season now looks to have turned a corner. But any potential new boss is ­facing the prospect of a tiny budget of less then ­£15million to rebuild the team that went down with Moyes and turn them into promotion candidates.
They are desperate to bounce back within two years — when the big ­Premier League parachute payments of £40m run out.
The uncertainty has reached a peak, with owner Ellis Short in ­negotiations to sell up for £90m this week.

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Moyes oversaw a relegation Sunderland had flirted with for years, then stepped down (Photo: PA)
But it is unclear whether that figure includes taking on the club’s £137m debt – half of which is owed to Short himself, who could make the club a more attractive proposition by writing it off.
The other half of the debt is owed to a bank with interest payments eating up £7m a year, which is ­unsustainable in the ­Championship.
The wage bill, which stood at £83m, will reduce by a third ­because of relegation clauses in contracts and a host of players leaving.

Sunderland could be ­fattened up for a sale with quick deals to offload £7m-rated Fabio Borini, whose agent is seeking a move, and Lamine Kone. However defender Kone, who could have left for Everton for £19m last August, has had his value halved ­because of performances in the relegation campaign.

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Sunderland have already sold keeper Jordan Pickford — and Kone is likely to go too (Photo: Getty)
Short hopes to have news this weekend from a German consortium, who are looking at the finances this week and ­negotiating a deal.
A new manager will be ­expected to hunt for ­bargains in the ­Football League and the Scottish game.
Pre-season training starts on June 29, and ­includes a five-day trip to Austria.

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