Saints confirm approach
Quote:
Southampton have confirmed they have received a takeover approach for the St Mary's club.
Saints have been on the rise in the Championship and it has been a similar story on the Stock Exchange as their share price has been on the increase.
Michael Wilde has been seeking investment since replacing Rupert Lowe as chairman last summer and the club have released a statement to the Stock Exchange confirming an approach has been made.
A statement released by the club to the Stock Exchange read: "The board note the recent rise in the company's share price and confirm we have received and are considering a preliminary approach which may or may not lead to an offer being made for the company.
"The board's consideration is at an early stage and there is no guarantee that any offer will be forthcoming."
|
Source: Skysports
Better hope it's not Graeme Souness who again makes a new approach...
