Saints owner in talks over £200m takeover deal

According to reports by business news company Bloomberg, Southampton owner Katharina Liebherr is in talks with Chinese company Lander Sports Development about selling the club in a £200m deal.

Who?

Well, after China president Xi Jinping said he wanted to turn his nation into a major footballing force, Chinese companies have started to target taking over football clubs.

Lander Sports Development are one of those and supposedly have their eyes set on Saints, even though their main focus was on the sale and management of property until 2015.

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Why would Liebherr want to sell?

When her father, Markus, saved the club by buying it in 2009, it was his project. Following his death in 2010, Katharina took over but even after everything she has done, it’s never felt like she’s the football fan that her father was.

At the end of the day she is a businesswoman, and with the club in the upper echelons of the Premier League, as well as participating in the Europa League this season, it appears to be the best time to see what offers she would receive.

Southampton v Everton - Barclays Premier League

Would a Chinese takeover be good for Southampton?

It’s hard to say, really. Nothing that the Saints hierarchy has done over the past few years would make you doubt them, but when you see that Wolves, Aston Villa and Thursday night’s opponents Inter Milan were all taken over by Chinese companies and have all sacked their managers already this term, the possible destabilisation of a currently well-run club would be a worry for supporters.

That said, there are some success stories too. Just look at Leicester under their Thai owners last season…

 


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