Southampton Takeover Edges Closer
English based Club Southampton are close to changing owners as takeover is imminent.
Chinese businessman Jisheng Gao purchased an 80 per cent stake in Saints in 2017, with Katharina Liebherr retaining 20 per cent.
Gao has been looking to sell for several years and the PA news agency is reporting an announcement is imminent confirming the sale.
Sky News have reported that Dragan Solak, who owns the United Group, will pay £100million for Gao's stake.
Southampton are currently 14th in the Premier League, with Ralph Hasenhuttl's side drawing 1-1 with Tottenham in their last match.
Source: Tribalfootball