Murray’s exit paves way for Quinn consortium

BOB MURRAY’S reign as Sunderland chairman ended yesterday after 20 turbulent years with former Black Cats player Niall Quinn heading the consortium set to replace him.

Quinn and his partners are yet to make a formal offer for the outgoing chairman’s 56.8% stake in the club but it is understood they will do so within the next few days to launch their £10million buy-out.

A price for Murray’s shares – £5.7million – has already been agreed, and the same offer would have to be made to the remaining shareholders, who would then have 21 days to make a decision.