I think I am just fed up with the news, so it makes me smile!. Couldnt have had a more sh1t day at work either!
Yeah, kinda thought the next thing we heard was going to be crap. It was nice being blissfully unaware. Even if that meant no incoming signings.
Sorry, I've not actually read this thread and just seen there was an exclusivity period? Can anyone give a brief summary of any takeover?
Lets hope Red Bull come in, rebrand us the Red Bull Saints we can play at the Red Bull Arena and the half time tipple can be Jager bombs.
Don't know what HR was talking about but I had a look at Saintsweb and someone (Shroppie, doesn't claim to be a real ITK just says he's heard something from "someone I trust") says a takeover is imminent with Kat retaining 15% of the club. I think there's also a link to an article (in Chinese I think) that suggests the Chinese have a board meeting on 16th Jan for final approval and are working to a 17th Jan announcement.
The article below was posted as well. An interesting read on why Chinese groups/people/businesses may be investing in football clubs. http://www.policyforum.net/the-guanxi-of-football/
Well if we did sell I'd be pleased to see Kat retain 15% so she is still a big shareholder. At least that helps us retain some sense of stability and increases the likelihood people like Les Reed and Ralph will stay in place. Although there are certainly no guarantees of that.
The reporter who broke this story - Tariq Panja from Bloomberg - posting again this morning... China's Lander Sports has announced to the stock exchange it has signed a deal in principle to buy a stake in Southampton's parent company Lander said deal with Katherine Liebherr signed and now conducting due diligence on Saints parent company St Mary's Football Group Lander's statement doesn't reveal a price or size of stake it plans to acquire in Southampton. Perhaps club will finally say something?
