Ellis Short has put Sunderland up for sale.
The Mirror reports Sunderland can be sold for £50million.
Manager Chris Coleman admitted on Monday that owner Short has fallen out of love with football, and appealed for a new tycoon to take charge.
Years of bad decisions and poor form on the pitch has left the Wearsiders facing consecutive relegations.
A source said: “The club has very good infrastructure and nothing hiding under the bonnet now. The club needs a buyer."