SUNDERLAND’S finances should be further boosted over the next 48 hours, with Ahmed Elmohamady on the verge of completing his move to Hull City.
SportMail understands Elmohamady has agreed personal terms over a £2million switch to the newly-promoted Tigers after a successful loan spell at the KC Stadium last season.
There remain a few minor issues before the deal is finalised, but the winger’s switch is expected to be confirmed before the end of the week.
Elmohamady’s sale will take the total money recouped by Sunderland this week to £11m after the departure of goalkeeper Simon Mignolet on Tuesday, with the Belgian’s move to Liverpool potentially earning the Black Cats another £2m in add-ons.
Hull’s former Sunderland boss Steve Bruce has been keen to land Elmohamady on a permanent basis since promotion to the Premier League was assured, with the Tigers triggering the £2m figure agreed when the Egyptian first joined the club on loan last August.
There was a question mark over whether Sunderland head coach Paolo Di Canio would want a closer look at Elmohamady after his departure was authorised by predecessor Martin O’Neill.
But it is understood that a return to the Stadium of Light was never raised as a viable possibility and Di Canio was happy to sanction Elmohamady’s exit as part of the overhaul of Sunderland’s squad.
The £11m banked by the Black Cats has significantly boosted Sunderland’s muscle in the transfer market and that figure could continue to rise with the club willing to listen to offers for the likes of Stephane Sessegnon and Lee Cattermole.
Sunderland are yet to seal a big-money deal for a new recruit, with the club’s incomings so far this summer limited to Bosmans Valentin Roberge, Modibo Diakite and Cabral, together with development squad additions El-Hadji Ba, Duncan Watmore and David Moberg Karlsson.
But Sunderland are understood to be pleased with the progress they have made with their recruitment drive so far and believe they are in a far more advanced position than this time last summer, when the £22m double-signing of Adam Johnson and Steven Fletcher was finally concluded after the Premier League was underway.
The money recouped from the sales of Mignolet and Elmohamady puts Sunderland in a stronger position in the chase for their main targets too.
Az Alkmaar striker Jozy Altidore is expected to command a fee in excess of £5m, as is Inter Milan midfielder Alfred Duncan - the subject of a failed bid by the Black Cats earlier this month.
Inter are thought to be willing to sell the highly-rated Duncan, but Sunderland would need to make an offer around the £7m mark for the Ghana international.
Uruguay frontman Adel Hernandez, who has impressed in the Confederations Cup, would also require a significant outlay from Sunderland.
But Napoli are now reported to be leading the chase for the Palermo forward.