David Moyes reportedly set to quit Sunderland after relegation

David Moyes is set to quit as manager of Sunderland following the club’s dismal relegation into the Championship, according to the Sun.

What’s the word?

The report reveals that sources close to the Scot have claim he’s likely to depart the Stadium of Light just a season into his four-year contract as a result of the club’s failure to pull off yet another great escape.

While the Black Cats have come accustomed to retaining their Premier League status at the eleventh hour in the campaign, Moyes proved unable to follow the likes of Sam Allardyce, Dick Advocaat and Gus Poyet in doing so.

It’s thought the 54-year-old met club owner Ellis Short and chief executive Martin Bain in London to discuss his future, with the former Manchester United and Sunderland understood to be so low he could walk.

Where next for the Black Cats?

Well, it’s not the prettiest of pictures on Wearside right now. Having already made redundancies behind the scenes at the Stadium of Light, recent figures reveal the club operate with a wage bill of a huge £83.3m. More worryingly, Sunderland are believed to have a debt of around £110m, making their drop into the Championship for the first time in a decade even more damaging.

On the pitch, it doesn’t get much better at all. It’s been a thoroughly dismal campaign and Moyes’ departure would only leave top brass with another problem.

Former Middlesbrough boss Aitor Karanka has recently been touted as a potential successor, though is unlikely to come cheap and his connections with a local rival may not make the Spaniard the most popular.