UK time is: 19:03:16
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Southampton In The Black Not Red

33m of loans invested in the club by the estate of former owner Markus Liebherr will not have to be paid back. The money was invested in the club over the two seasons to June 2011, but has now been converted into shares, removing it as a liability.

Chief financial officer Gareth Rogers told BBC Radio Solent: 'Effectively the club no longer owes that money.'

So even though we showed a loss for last season of 11.5 million pounds we are still in the clear which is great news for all concerned with the club.

Though costs have risen as the club has prospered on the field of play, we are told that the costs have been less than predicted and are well within the safety margin required.

The future looks bright financially both on and off the field and as Saints fans it is another reason to be joyful.



Join Vital Southampton

It's easy to REGISTER HERE, simply click the link and enjoy getting involved!




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: SFC Forever Mail feedback, articles or suggestions

Date:Thursday March 29 2012

Time: 2:59PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Southampton Articles

Koeman - Now For First League Win (Thursday August 28 2014)

Trip To The Emirates In Third Round (Wednesday August 27 2014)

Koeman Satisfied With Second Half (Wednesday August 27 2014)

Stats: Millwall v Southampton (Tuesday August 26 2014)

Settled Side For Millwall (Monday August 25 2014)

Koeman Disappointed With Performance (Saturday August 23 2014)

Stats: Southampton v West Brom (Saturday August 23 2014)

Koeman - We're Ready For Albion (Friday August 22 2014)

Duo Talk Debuts (Tuesday August 19 2014)

Schneiderlin Wants To Stay (Monday August 18 2014)

Archived Southampton Articles

List All Vital Saints Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

Latest Results
Southampton 0 - 0 WBA
Liverpool 2 - 1 Southampton

League Table (view table)

Team P W D L GD Pts
11. Sunderland 2 0 2 0 0 2
12. WBA 2 0 2 0 0 2
13. Man Utd 2 0 1 1 -1 1
14. Southampton 2 0 1 1 -1 1
15. Stoke 2 0 1 1 -1 1
16. Leicester City 2 0 1 1 -2 1
17. Newcastle 2 0 1 1 -2 1

Breaking League News

Bamford Joins Middlesbrough on Loan
Chelsea : 29/08/2014 18:35:00
One to Watch - Connor Wickham
Q.P.R. : 29/08/2014 18:27:00
United and Dreams of Deja Vu for Burnley Fans!
Burnley : 29/08/2014 18:13:00
Expect Passion and Long Balls!
Man Utd : 29/08/2014 18:12:00
QPR v Sunderland - Match Preview
Q.P.R. : 29/08/2014 18:06:00

Current Site Poll (view all polls)

COC - Millwall MotM
Suggested By:  Vital Saint
Forster 0%
Yoshida 0%
Targett 0%
Fonte 0%
Clyne 0%
Ward-Prowse 0%
Isgrove 0%
S Davis 0%
Wanyama 0%
Pelle 0%
Long 0%
Sub - Tadic 0%
Sub - Cork 100%
Sub - Ramirez 0%