Southampton Football Club has entered into preliminary talks with "certain third parties" concerning new investment or a possible takeover, it has been announced.
The revelation was made in a statement to the Stock Exchange by Southampton's parent company Southampton Leisure Holdings (SLH), although it was stressed that the discussions may not bear fruit.
The club was also the subject of a takeover bid last year.
Hedge fund group Sisu Capital were interested in buying the Saints but the move was blocked by SLH shareholders Rupert Lowe, Michael Wilde and Leon Crouch despite being backed by the club's board of directors.
Sisu Capital eventually decided to invest in Championship rivals Coventry City, sparking the resignations of three SLH board members, including plc chairman Ken Dulieu.
Financial pressures at the club, which recently lost manager George Burley to Scotland, meant that Grzegorsz Rasiak and Rudi Skacel were allowed to leave St Mary's on loan during the January transfer window.
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21 October 2010
21 October 2010
21 October 2010
20 October 2010
20 October 2010
