Three years after takeover: Southampton put up for sale
9 March 2020
Southampton have been put up for sale for £250 million, just three years after the club were sold to a Chinese businessman, according to the Times.
The price would enable their current majority owner to recoup what he paid for the club in 2017.
Southampton have been put up for sale for £250 million, according to the Times, just three years after Chinese businessman Gao Jisheng bought a majority stake in the club.
Jisheng, the chairman and director of Shenzen-based Lander Sports Development, took an 80 per cent stake in Southampton in 2017 from Katharina Liebherr, who had inherited the club from her father.
Liebherr still retains a 20 per cent stake in the club.
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