Sunderland have been granted permission to speak to rival Championship outfit Preston North End boss Simon Grayson about their managerial vacancy.
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Shortly before Sunderland's announcement, Preston said that, after contact from the Black Cats, 47-year-old Grayson asked to speak to the north-east club.
A statement from North End confirmed that a compensation package, believed to be about £750,000, is already guaranteed in his contract and his appointment is expected to be confirmed on Thursday or Friday.
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Source: tribalfootball.com