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The Independent UK

Sport

Simon Peach

Southampton takeover set to be confirmed with £100m offer tabled

Southampton are close to confirming a takeover of the club.

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 it is understood 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.

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