A group of investors fronted by former Sunderland director Methven had been close to acquiring 90 per cent of the club for around £8.5million but the deal collapsed on Friday when Sandgaard pulled the plug.
Methven has threatened legal action, claiming negotiations with other parties are in breach of an exclusivity period agreed with his group, but Sandgaard says that window has expired.
This story is from the February 14, 2023 edition of Evening Standard.
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This story is from the February 14, 2023 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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