Southampton takeover set to be confirmed with £100m offer tabled

Southampton are close to confirming a takeover of the club.

Chinese businessman Jisheng Gao purchased an 80 per cent stake in Saints in 2017, with Katharina Liebherr retaining 20 per cent.

Gao has been looking to sell for several years and it is understood an announcement is imminent confirming the sale.

Sky News have reported that Dragan Solak, who owns the United Group, will pay £100million for Gao’s stake.

Southampton are currently 14th in the Premier League with Ralph Hasenhuttl’s side drawing 1-1 with Tottenham in their last match.

Douglas Mateo

Douglas holds a position as a content writer at Neptune Pine. His academic qualifications in journalism and home science have offered her a wide base from which to line various topics. He has a proficiency in scripting articles related to the Health industry, including new findings, disease-related, or epidemic-related news. Apart from this, Douglas writes an independent blog and assists people in living healthy life.

Source Link Southampton takeover set to be confirmed with £100m offer tabled