UK time is: 10:13:17
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

SFC takeover planned

As Vital Football first reported several weeks ago a consortium of local businessmen have been preparing a bid to take control of Saints.

A spokesman for the consortium has now told BBC Radio Solent the mystery group of seven are within just four weeks of having a package in place to approach the board with a takeover offer.

Southampton Leisure Holdings plc is an Aim-listed company and the ownership is fairly evenly spread among it's directors. Due to this any offer would require the approval of the board for a takeover to take place. If a deal wasn't forthcoming then a hostile takeover bid could be attempted.

Currently Rupert Lowe owns just 6% of the shares, with the largest investment belonging to the Thompson family, who own around 10%.

It is thought it would take a total of around 11 million to buy a controlling stake in the club.




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

The Journalist

Writer: Stef C Mail feedback, articles or suggestions

Date:Friday January 27 2006

Time: 3:32PM

 

Have Your Say

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

Recent Southampton Articles

Koeman Ready For Fixture Run (Friday November 21 2014)

Fonte Makes Portugal Debut (Wednesday November 19 2014)

Three Picked For TV (Tuesday November 11 2014)

Long & Clyne Talk Leicester (Sunday November 9 2014)

Koeman - Perseverance Paid Off (Sunday November 9 2014)

Stats: Southampton v Leicester (Saturday November 8 2014)

New Training Centre Honours Markus (Wednesday November 5 2014)

Sheffield United Tie Set (Wednesday November 5 2014)

Mature Performance For Fonte (Sunday November 2 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)

1. Rex Vulgaris 18
2. Vital Saint 12
3. WillT 9
4. his4harry 1

League Results (view all)

League Table (view table)

Team P W D L GD Pts
1. Chelsea 11 9 2 0 +17 29
2. Southampton 11 8 1 2 +18 25
3. Man City 11 6 3 2 +10 21
4. West Ham 11 5 3 3 +5 18
5. Swansea 11 5 3 3 +4 18
6. Arsenal 11 4 5 2 +6 17
7. Man Utd 11 4 4 3 +3 16

Breaking League News

And Back to the Subject of Vidal!
Man Utd : 22/11/2014 09:24:00
Chelsea Linked to Croatian Striker!
Chelsea : 22/11/2014 09:20:00
And Still the Cech Rumours Flow!
Chelsea : 22/11/2014 09:12:00
Van Persie Set to Leave in the Summer
Man Utd : 22/11/2014 09:06:00
Tell Us About Yourself - Tunez
Chelsea : 22/11/2014 08:35:00

Current Site Poll (view all polls)

Leicester MotM
Suggested By:  Vital Saint
Forster 0%
Clyne 0%
Fonte 0%
Alderweireld 40%
Bertrand 0%
S Davis 0%
Wanyama 60%
Schneiderlin 0%
Tadic 0%
Pelle 0%
Mane 0%
Sub - Cork 0%
Sub - Long 0%
Sub - Reed 0%