"I am treating it as a child": Southampton’s Chinese owner dismisses ownership concerns

10 June 2019

Southampton's owner
Photo: Getty Images In 2018 Southampton had a turnover of £152 million, £30 million less than the year before mainly due to less broadcast income.

Gao Jisheng, Southampton’s owner, says not trying to earn money by selling the club but wants to make it self-sufficient.

He says his ties with China are a good thing, despite concerns.

Christian Fomsgaard Jensen cfj@offthepitch.com

Southampton’s Chinese owner, Gao Jisheng, bought an 80 per cent stake in Southampton in 2017 in a deal that valued the club at £200 million. Since then he has kept himself out of the limelight, rarely giving interviews.

And unlike other billionaires, sheikhs and oligarchs owning rival clubs in the Premier League, he has no intention of spending huge sums on players in order to advance as a club. Instead he pledges financial discipline. 

As long as the money reaches Southampton’s bank account and it’s in pounds sterling then it’s OK

Do you want to read this article?

Get instant access by subscribing to our free weekly newsletter.

You will receive a link that unlocks the article in an email.

Passionate about football and the business behind the beautiful game?

Subscribe now to access all the latest news and exclusive industry insights from leading football finance experts.

30-day free trial

Start trial

Already a member? Login