Di Canio can spend the Mignolet millions at Sunderland

Paolo Di Canio is pondering midfield reinforcements.
Paolo Di Canio is pondering midfield reinforcements.

SUNDERLAND have pledged to re-invest the windfall from the sale of Simon Mignolet after the goalkeeper finalised his move to Liverpool.

Mignolet’s switch to Anfield was confirmed last night, with Sunderland banking what is thought to be an initial £9million fee, that could potentially rise to almost £12m, depending on add-ons to the deal.

That money will be now used to further boost Paolo Di Canio’s transfer kitty, with Sunderland already agreeing Bosman moves for Valentin Roberge, Modibo Diakite and Cabral.

Di Canio is eager to make wholesale changes to the squad he inherited from Martin O’Neill and although Sunderland were keen to keep Mignolet, they have opted to cash in on the Belgian, who was not willing to pen a new contract at the Stadium of Light.

AZ Alkmaar frontman Jozy Altidore is at the top of Sunderland’s wish-list, but the American international would cost the Black Cats more than £5m after netting 31 goals in 41 appearances for the Dutch side last season.

The Echo understands Alkmaar are likely to part company with Altidore if the price is right, but they are under no financial pressure to sell their prize asset.

But the sale of Mignolet hands Sunderland extra financial clout, with Di Canio moving to assure supporters last night that the Black Cats are being active in the transfer market.

“Our aim is to build a competitive squad for the new season and this deal will give us further ability to strengthen the side,” said the head coach.

“I would like to assure our fans that there is a huge amount of work going on behind the scenes.”