My default position is that anybody on Talksport is generally talking bollocks.
Potential DaGrosa Takeover
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I'm clearly a bit slow this morning because I was thinking to myself why would someone want Simon Jordan to be involved in a takeover, and in my head I was thinking of Simon Peach 
not the ex Crystal Palace owner. Though granted I'm not sure why anyone would want him involved either!
not the ex Crystal Palace owner. Though granted I'm not sure why anyone would want him involved either!
Doesn’t like Ralph’s passion......Simon Jordan is a no from me.
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How likely is it that we get our wish of new owners by the summer window though? A takeover would take many months wouldn't it, with the 'fit and proper' test thrown in to get PL approval too.
If anything I would probably rather Simon Peach be involvedI'm clearly a bit slow this morning because I was thinking to myself why would someone want Simon Jordan to be involved in a takeover, and in my head I was thinking of Simon Peach
I’m calling bullshit. As if anyone actually involved in the purchase of a Premier League club would reveal the exact figures involved. It’s plainly nonsense, although I reserve the right to withdraw that comment if it happens.
Who at our club said that anyone talking about being involved in a deal to buy us, probably isn’t?
I remember a while back listening to talk sport, and they had Thomas Sandgaard on their show a couple of times, who was interested in buying Charlton. Eventually that sale went through.
So perhaps Simon Jordan is putting it out there, to pressure Gao into a deal. Just like some teams use the media to unsettle players at clubs they want to buy from.
Look at Spurs regarding Hoberg and now Vestergaard! Us Saints fans want a new owner who will invest in the team.
So perhaps Simon Jordan is putting it out there, to pressure Gao into a deal. Just like some teams use the media to unsettle players at clubs they want to buy from.
Look at Spurs regarding Hoberg and now Vestergaard! Us Saints fans want a new owner who will invest in the team.
Simon Jordan isn't a particularly rich man last I checked. He has as much ability to buy Saints as we do, and anyone who would bring him into a consortium for his expertise shouldn't own so much as an ice cream truck.
Simon Jordan did mention about an ex Premier league executive who has interest.
I seem to remember hearing ex Arsenal chairman David Dein was interested in Saints in the past.
*cough Cortese....
Not the last time I knew anything! Well...actually...he was, but got cold feet.
I may be buying the club - currently trying to do a deal.
I’ve just put a 5 horse acca on at Cheltenham, if it comes in I’m willing to invest
From the Q&A with Dan Sheldon:
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Any news regarding a takeover, Dan? Do you think it’s likely something could happen over the summer? — Peter B
This was perhaps the most popular question, so it makes sense to start this mailbag by answering it first.
As far as The Athletic understands, a takeover isn’t imminent. There are around four very interested parties who have passed the initial checks and balances (ie, “Where is their money coming from?”). However, none of them are yet to reach the same stage Joseph DaGrosa’s Kapital Football Group reached in 2020, which saw them enter a period of exclusivity with Gao Jisheng, the club’s majority shareholder.
Those talks ended with DaGrosa losing a portion of the deposit he paid for the privilege to be at an advanced stage of buying Southampton. Despite the American’s failed takeover, other parties have now come back to the table to register their interest in purchasing Gao’s 80 per cent stake.
One source with knowledge of the process compared the stage Southampton are currently at to the final lap of a 10,000m race. Essentially, potential buyers have jogged around the track several times and now there is a sprint finish to see who will end up winning the race for that exclusivity period, which enables them to scour through all the financial books.
It’s hard to know for certain if a sale will happen before, during or after the summer. One senses that a decision would need to be made relatively quickly on a possible new buyer if it is to be completed before the 2020-21 season comes to an end. You’d expect the interested party will want to take their time studying the books, especially as the pandemic led the club to take out a£79 million loan from MSD Capital.
—————-
Any news regarding a takeover, Dan? Do you think it’s likely something could happen over the summer? — Peter B
This was perhaps the most popular question, so it makes sense to start this mailbag by answering it first.
As far as The Athletic understands, a takeover isn’t imminent. There are around four very interested parties who have passed the initial checks and balances (ie, “Where is their money coming from?”). However, none of them are yet to reach the same stage Joseph DaGrosa’s Kapital Football Group reached in 2020, which saw them enter a period of exclusivity with Gao Jisheng, the club’s majority shareholder.
Those talks ended with DaGrosa losing a portion of the deposit he paid for the privilege to be at an advanced stage of buying Southampton. Despite the American’s failed takeover, other parties have now come back to the table to register their interest in purchasing Gao’s 80 per cent stake.
One source with knowledge of the process compared the stage Southampton are currently at to the final lap of a 10,000m race. Essentially, potential buyers have jogged around the track several times and now there is a sprint finish to see who will end up winning the race for that exclusivity period, which enables them to scour through all the financial books.
It’s hard to know for certain if a sale will happen before, during or after the summer. One senses that a decision would need to be made relatively quickly on a possible new buyer if it is to be completed before the 2020-21 season comes to an end. You’d expect the interested party will want to take their time studying the books, especially as the pandemic led the club to take out a£79 million loan from MSD Capital.
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