Sunderland legend Kevin Phillips has urged fans to "not get too carried away," after Kyril Louis-Dreyfus' takeover was finally complete.
The 47-year-old believes that the club should focus on getting out of League One rather than talking about long term aspirations.
Speaking in his first official interview since taking the club, Louis-Dreyfus said that club would need a "complete rebuild" after "asset stripping" and that it's a long term project on Wearside.
There's a feel good factor around the place, but Phillips says the Black Cats can't afford to look beyond this season.
Speaking to Football Insider, Phillips said: “Louis-Dreyfus will have a plan of where he wants the club to be in five years but it is very easy to set targets but actions speak louder than words.
“I would not be getting too carried away. A plan is great but it is about the here and now. Sunderland have to create a team that can get out of this league. Worry about the Championship afterwards.
“This is the third season in League One now. You can plan to be back in the Premier League in five years, but any club can say that. The only plan should be one that get’s the club out of League One. Worry about the Championship when you are in it. Take it step by step.
“We have to be careful, we cannot get carried away. If they go up this year it would be a great bonus because Louis-Dreyfus can put his hand in his pocket and make them stronger for next year. It is a case of not looking any further than this season.”