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The newly appointed Black Cats boss says that he is ready to gamble everything he has on the Wearside club's top-flight status because he is confident of saving them from the drop

Paolo Di Canio insists that he is completely confident in his ability to keep Sunderland in the Premier League this season.

The Italian was appointed as the new manager at the Stadium of Light after Martin O'Neill was sacked following the 1-0 defeat to Manchester United on Saturday and claims that he would bet everything that he has on the Black Cats avoiding relegation.

"You always call me the 'Mad Italian', so I will bet all of what I've got, for sure, because I am sure that I am capable," the former Swindon Town boss told reporters.

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"We have to always remember that obviously the protagonists are the players, because you can help them a lot to give their best but they are the protagonists.

"This is just because I'm sure we've got quality. I can help them to express their real potential.

"We have a good mix of footballers. I'm sure I can bet a lot of money and become richer than now."

The former West Ham and Lazio attacker refused to field questions about his political beliefs in his first news conference, however.

Ex-foreign secretary David Miliband resigned from the Sunderland board because of Di Canio's 'past political statements' and the Durham Miners' Association have also demanded the return of their banner at the Stadium of Light.

"I don't have to answer this question any more," said Di Canio.

"There was a very good statement from the club [with] very, very clear words that came out from me.

"I don't want to talk about politics - I'm not in the House of Parliament, I'm not a political person, I will only talk about football."

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