Southampton Football Club have confirmed the club's takeover by a Serbian-based cable television for 100 million pounds.
The announcement was made official on Tuesday, January 4th, 2022, on Southampton's official website. According to reports from the Saints, the deal will see Sport Republic, a London-based investment firm in the sports and entertainment industry has acquired a controlling stake in the club.
Southampton Football Club can today confirm that Sport Republic has completed the acquisition of a controlling stake in Southampton Football Club. Sport Republic is an investment firm in the sports and entertainment industry. They have purchased the shareholding of the club held by Mr Gao and will work in partnership with Katharina Liebher, who retains her minority shareholding. Everyone within the Southampton community would like to wish Mr Gao and his family well for their future.
Southampton fans will hope this new acquisition will bring good fortune to their club. The Saints currently sit 14th on the Premier League table, 10 points clear the relegation zone.