Sunderland manager Paolo Di Canio has said the money the club received from the sale of Simon Mignolet to Liverpool will be invested in improving the Black Cats squad this summer.
Belgium international Mignolet completed his switch to Anfield on Tuesday, with the Black Cats receiving an initial £9 million.
Di Canio wished Mignolet well as he begins a new chapter in his career and was quick to allay fans’ fears by promising that the funds received would help shape a competitive squad for the new Premier League season.
“Simon is a fantastic footballer, a fantastic professional and a fantastic lad and I would like to personally thank him for his contribution to the team last season," he told the club's official website. "He was crucial to what we achieved, and he goes with the very best wishes of everyone at the club.
“I would like to assure our fans that there is a huge amount of work going on behind the scenes. Our aim is to build a competitive squad for the new season, and this deal will give us further ability to strengthen the side.”
Di Canio is unlikely to bring in an expensive replacement for Mignolet, however. A source close to the club told ESPN the Italian will instead sign a young understudy while giving Keiren Westwood an opportunity to stake his claim to be first-choice goalkeeper.
The Black Cats have been linked with a move for PSV Eindhoven’s Jeroen Zoet, who has been watched by scouts and has reportedly also interested rivals Newcastle.