Premier League says Chinese government stake in Southampton “not significant”

15 May 2019

Gao Jisheng owner of Southampton
Photo: Getty Images Southampton’s owner, Gao Jisheng, bought an 80 per cent stake in Southampton in 2017, in a transaction that valued the club at about £200 million.

Premier League concludes enquiries into Chinese state ownership at Southampton.

Enquiry held up due to internal communication problems between the club and China-based owners.

The Premier League has concluded its enquiries into Southampton’s owners, and confirmed it was satisfied the Chinese state had “not gained a significant stake” in the club.

Offthepitch.com has learned the Premier League was satisfied with the results of its enquiries into the Saints - after becoming frustrated in its initial efforts to obtain information from the club.

It is understood that the club stepped up to resolve communication issues after initial concerns around the flow of information from the Chinese owners into the club and the Premier League.

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