Sun­der­land turn to former Rangers chief to help trans­form fi­nances

The Herald - Herald Sport - - RUGBY UNION -

MARTIN BAIN, the former Rangers chief ex­ec­u­tive, has been ap­pointed as the new CEO of Premier League side Sun­der­land. The 47-year-old will make the move to the Sta­dium of Light in July after quit­ting his post at Mac­cabi Tel Aviv.

Bain was a mem­ber of the SPL board dur­ing his time at Ibrox and was a key fig­ure of Sir David Mur­ray’s regime. He was ap­pointed to the Ibrox board in 2001 and held the po­si­tion of chief ex­ec­u­tive for six years be­fore he re­signed fol­low­ing the ar­rival of Craig Whyte. Bain moved to Is­rael in Septem­ber, 2014, and will now re­turn to Bri­tain to take up a key role with the Black Cats.

“It is a great hon­our and priv­i­lege to be­come CEO at a club with Sun­der­land’s rich his­tory and her­itage,” Bain said. “I have been for­tu­nate to be a part of a team that has brought great suc­cess to two clubs with pas­sion­ate sup­porter bases and I am ex­cited by the op­por­tu­nity to do the same at Sun­der­land.

“Sun­der­land fans are recog­nised as some of the most loyal and pas­sion­ate in foot­ball. The back­ing they gave the team in the two re­cent vi­tal home games played an in­te­gral part in the vic­to­ries.”

The Sun­der­land post has been va­cant since Mar­garet Byrne stepped down in the wake of the Adam John­son scan­dal that en­gulfed the club ear­lier this year.

Sun­der­land chair­man El­lis Short said: “Martin will strive to trans­form our fi­nan­cial per­for­mances, which we ac­knowl­edge must im­prove sig­nif­i­cantly, into a sta­ble and suc­cess­ful model.”

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