oldcolner
14-08-2017, 04:38 PM
BBC reports an 80% stake being bought.
Southampton have entered into a partnership with Chinese businessman Jisheng Gao and his family, the club's owner Katharina Liebherr has announced.
BBC Sport understands the Gao family have bought about 80%.
In January, Gao's company Lander Sports Development said it had agreed a deal with the Saints, but the partnership is now a personal investment.
"Today is the start of a new and exciting chapter for our club," said Liebherr, who will retain a 20% share.
"Mr Jisheng Gao and his daughter, Mrs Nelly Gao, with whom I have built a close relationship, share our values and ambitions.
Present Board continues to run the club. May see them buying now! Free prawn crackers when they win maybe??
http://www.bbc.co.uk/sport/football/40928467
Southampton have entered into a partnership with Chinese businessman Jisheng Gao and his family, the club's owner Katharina Liebherr has announced.
BBC Sport understands the Gao family have bought about 80%.
In January, Gao's company Lander Sports Development said it had agreed a deal with the Saints, but the partnership is now a personal investment.
"Today is the start of a new and exciting chapter for our club," said Liebherr, who will retain a 20% share.
"Mr Jisheng Gao and his daughter, Mrs Nelly Gao, with whom I have built a close relationship, share our values and ambitions.
Present Board continues to run the club. May see them buying now! Free prawn crackers when they win maybe??
http://www.bbc.co.uk/sport/football/40928467