SOUTHAMPTON OWNERS TURN DOWN CHINESE TAKEOVER BID
Southampton have rejected a £180million bid for the club from a Chinese party – with the bid reportedly £90m SHORT of their asking price.
Owner Katharina Liebherr and the club want £270m for the South Coast club, with the heiress referring to a “potential partnership” in a statement to fans on Thursday.
Liebherr inherited the club in 2010 from her father Markus, who headed up the MALI Internationaal group, who specialise in designing rail and haulage transport.
Industry experts have valued Southampton FC between £160m and £220m and the club’s annual turnover is set to hit £105m this season.