"I am treating it as a child": Southampton’s Chinese owner dismisses ownership concerns
10 June 2019
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.
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