Stead has been on loan this season at Derby but it appears that after spending £1 million on David Jones and a further £750,000 on Pearson little Billy has spent all his pennies at Derby and will not be signing the tall frontman.
The press today revealed that Sunderland have received a bid of £750,000 from another unamed Championship club although that is thought to be Preston. However, as always at footymad i am sceptical that we even have that amount of cash to spend!
Stead helped Rovers survive relegation before playing for Sunderland in the Premiership where he hit record lows by failing to score in more than 20 odd games. His time appeared limited in the North East and so this season has been spent mostly out on loan.