New owner Ellis Short funded Steve Bruce's first major spending spree in the summer after converting almost £50million in loans into shares.
Progress: Quinn highlighted Bent as a reason for optimism
Quinn said: 'The accounts will show the word loss but that should really be interpreted as extra signings. We could have shown a profit but we wouldn't have Turner, Bent, Cattermole or Cana. We have a situation now where we have a great chance of going forward.'
Sunderland are trailing Athletic Bilbao midfielder Fran Yeste.
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