Sunderland Football Club is reportedly close to being taken over by an American investment firm

Sunderland Football Club is close to being taken over by a major American investment firm, ITV News understands.

MSD Partners look after the business of Technology Billionaire Michael Dell and it's understood Mr Dell would be a minority investor in the proposed deal.

Sunderland's current owner, Stewart Donald, and the club's executive director Charlie Methven will remain at the club if the deal goes through.