Kyril Louis-Dreyfus has become English football’s youngest chairman after the 23-year-old completed his takeover of League One side, Sunderland, on Thursday.
The Frenchman, the son of late billionaire Robert Louis-Dreyfus, sealed the deal after being granted approval from the English Football League.
Louis-Dreyfus originally agreed to purchase a controlling interest in the Black Cats in December. He expressed his delight on the completion of the take over deal and he this to say “I am proud to become a custodian of this esteemed institution, but I also recognise the significant responsibility that comes with it”
“I am confident that together we can weather the present storm and put solid foundations in place to bring sustainable and long-term success to the club.”
Sunderland is seventh in the third-tier, a point outside the play-offs, as they chase a return to the Championship.
Louis-Dreyfus will also have a trip to Wembley to look forward to with his new club after Sunderland reached the Football League Trophy final with a penalty shootout victory over Lincoln on Wednesday.