JoeShmoe Posted 14 August, 2017 Posted 14 August, 2017 BREAKING NEWS: Gao family buy stake in #saintsfc I understand it to be about 80%, circa £210m. Investment from Gao personally¬ Lander
Saint Garrett Posted 14 August, 2017 Posted 14 August, 2017 https://southamptonfc.com/news/2017-08-14/katharina-liebherr-letter-to-southampton-football-club-fans A letter to the fans of Southampton Football Club from Katharina Liebherr... I am pleased to confirm that talks to bring in a new partner to our club have been concluded. Following extensive and fruitful work, we are entering into a partnership with the Gao family and I am excited about what we will achieve together. Today is the start of a new and exciting chapter for our club. Mr Jisheng Gao and his daughter, Mrs Nelly Gao, with whom I have built a close relationship, share our values and ambitions. As a team, we will strive to build upon the strong foundation that is in place towards sustainable long-term success. Mr Gao, Nelly and I have full trust in Ralph Krueger and his management team. We wholeheartedly support their plans to follow the Southampton Way in the years ahead. But for now it is business as usual at Southampton Football Club and we must allow everyone at the club to focus on the first few weeks of the new season. I would like to thank the passionate supporters of the club for their ongoing loyalty and faith, and I look forward to seeing you soon at St Mary's. We March On. Katharina Liebherr Statement from Mr Jisheng Gao I am honoured and humbled to become a partner of Southampton Football Club alongside Katharina Liebherr, who, together with her father, has been such a great steward of the club, its growth and success. Together, we have the passion and motivation to build on Southampton’s excellent progress in recent years as we look forward to an exciting next chapter for the club.
Appy Posted 14 August, 2017 Posted 14 August, 2017 breaking from where? Kat has released a statement.
Batman Posted 14 August, 2017 Posted 14 August, 2017 #saintsfc confirm they've entered partnership with the Gao family- Katharina Liebherr says she's excited about what they'll achieve together
Batman Posted 14 August, 2017 Posted 14 August, 2017 someone satisfy my OCD and sort the thread title out!!
Daft Kerplunk Posted 14 August, 2017 Posted 14 August, 2017 Yesss, just in time to get a couple of new players in before the transfer window shuts. Unless most of the money has ended up in a personal Swiss bank account of course...
Nordic Saint Posted 14 August, 2017 Posted 14 August, 2017 Isnt this dude utterly loaded ? We've been bought by Lander. They've struggled to raise the capital.
saint77 Posted 14 August, 2017 Posted 14 August, 2017 We've been bought by Lander. They've struggled to raise the capital. read the statement its his own investment not lander
lickierambert Posted 14 August, 2017 Posted 14 August, 2017 I presume they've done this personally to get around Chinese FDI rules?
Saint Albert Posted 14 August, 2017 Posted 14 August, 2017 Here's me thinking the deal was dead in the water. Interesting times ahead.
Window Cleaner Posted 14 August, 2017 Posted 14 August, 2017 Pretty big news huh !! I am pleased, well if they got serious money to plough into the club I am anyway.
Heisenberg Posted 14 August, 2017 Posted 14 August, 2017 Lets just hope Kat genuinely does have our best interests at heart.
Nordic Saint Posted 14 August, 2017 Posted 14 August, 2017 I presume they've done this personally to get around Chinese FDI rules? When Lander started the process last year, the Echo had an article about their owner: http://www.dailyecho.co.uk/news/14839465.Who_is_the_man_behind___200m_Saints_takeover_bid_/
Give it to Ron Posted 14 August, 2017 Posted 14 August, 2017 Jeremy WilsonVerified account @JWTelegraph 2m2 minutes ago Gao family deal at Southampton is around £210m for 80% of club. Agreement to keep existing board in the immediate future
farawaysaint Posted 14 August, 2017 Posted 14 August, 2017 Nope. $1.5bn isn't small potatoes. It does however mean he paid 10% of his personal wealth to buy us which is disconcerting :/
Saint_Ash Posted 14 August, 2017 Posted 14 August, 2017 I'm interested to know the Goa's plan and ambition for the club. Nice that Kat still has a minority holding. Does anyone know what the Goa's family wealth is, google searching doesn't throw up too much.
washsaint Posted 14 August, 2017 Posted 14 August, 2017 OMG - take a look at this article. Looks like it has been written by a 5 year old on crack. Proof checking obviously not part of the Daily Fail any more http://www.dailymail.co.uk/sport/football/article-4789216/Gao-Jisheng-new-owner-Southampton-200m-takeover.html
Batman Posted 14 August, 2017 Posted 14 August, 2017 guess we know where the pre season tour will be next year
LGTL Posted 14 August, 2017 Posted 14 August, 2017 I'm interested to know the Goa's plan and ambition for the club. Nice that Kat still has a minority holding. Does anyone know what the Goa's family wealth is, google searching doesn't throw up too much. Just under $2billion
Window Cleaner Posted 14 August, 2017 Posted 14 August, 2017 OMG - take a look at this article. Looks like it has been written by a 5 year old on crack. Proof checking obviously not part of the Daily Fail any more http://www.dailymail.co.uk/sport/football/article-4789216/Gao-Jisheng-new-owner-Southampton-200m-takeover.html Are there 5 year olds on crack ? That would be quite a concernful situation really.
SKD Posted 14 August, 2017 Posted 14 August, 2017 Just under $2billion Which equates to roughly $1b more than the blue few's then.. Anything they can do, we can do better and all that
Window Cleaner Posted 14 August, 2017 Posted 14 August, 2017 Will this make any difference about VVD? Well he did say we needed to get some serious talent in didn't he, or was that just made up stuff? I've lost track of it all really.
Secret Site Agent Posted 14 August, 2017 Posted 14 August, 2017 We've been bought by Lander. They've struggled to raise the capital. Read it again. It's Gao that's bought the stake, not Lander.
angelman Posted 14 August, 2017 Posted 14 August, 2017 #saintsfc confirm they've entered partnership with the Gao family- Katharina Liebherr says she's excited about what they'll achieve together Great investment by her old man.
Unbelievable Jeff Posted 14 August, 2017 Posted 14 August, 2017 Interesting. It's a lot of money for him to personally invest - but I bet the job to redevelop the riverfront and around the stadium will go to Lander, and will ultimately give him some of his money back. Not sure how I feel about this, but as ever I'm prepared to give him a chance (like I have a ****ing choice, eh?).
ALWAYS_SFC Posted 14 August, 2017 Posted 14 August, 2017 We've been bought by Lander. They've struggled to raise the capital. READ IT FFS
SKD Posted 14 August, 2017 Posted 14 August, 2017 Welcome aboard Mr and Mrs Goa.. Keep running the club as is (hands off approach) and provide much needed investment (to keep us progressing) and you will go along way.
Give it to Ron Posted 14 August, 2017 Posted 14 August, 2017 Welcome aboard Mr and Mrs Goa.. Keep running the club as is (hands off approach) and provide much needed investment (to keep us progressing) and you will go along way. Well you could at least spell their name right? :-)
cellone Posted 14 August, 2017 Posted 14 August, 2017 Well he did say we needed to get some serious talent in didn't he, or was that just made up stuff? I've lost track of it all really. I do remember something like that but think it was pre tantrum. Looking forward to finding informative posts between the Buy Coutinho and the That's it we're fkd posts. It's going to be fun.
Suhari Posted 14 August, 2017 Posted 14 August, 2017 Wow. Not sure what to make of it. Is it Lander but under a differnt guise? Guess not exactlyif he has invested his personal $$$$. Hmmmm.
S-Clarke Posted 14 August, 2017 Posted 14 August, 2017 Well, that came out of the blue. Nothing to do with Lander then.....? I'm still of the opinion that KL would not have done this without being 100% sure that they're good. Hopefully the start of a seriously exciting era - not that the last 6 years haven't been exciting enough....
Saint_Ash Posted 14 August, 2017 Posted 14 August, 2017 (edited) Just under $2billion Cheers - Decent money but not up there with the top teams. He can't throw money at us anyway even if he wanted to due to FFP. It might increase our commercial activity in China though that will help FFP issues. We'll still be self sustaining, which is fine by me. Be interesting to see how this affects out transfers in and out. Edited 14 August, 2017 by Saint_Ash
Gemmel Posted 14 August, 2017 Posted 14 August, 2017 Cheers - Decent money but not up there with the top teams. He can't throw money at us anyway even if he wanted to due to FFP. I might increase our commercial activity in China though that will help FFP issues. We'll still be self sustaining, which is fine by me. Be interesting to see how this affects out transfers in and out. I think FFP stopped this year
beatlesaint Posted 14 August, 2017 Posted 14 August, 2017 (edited) Strange to word it as a partnership if they buy 80% and Kat only retains 20% Still she hasn't let us down yet and I trust her on this one too.......esp if the family has personal wealth of $2 billion Edited 14 August, 2017 by beatlesaint
S-Clarke Posted 14 August, 2017 Posted 14 August, 2017 I think FFP stopped this year I think it's stopped for PSG. Just them.
Saint Garrett Posted 14 August, 2017 Posted 14 August, 2017 Cheers - Decent money but not up there with the top teams. He can't throw money at us anyway even if he wanted to due to FFP. I might increase our commercial activity in China though that will help FFP issues. We'll still be self sustaining, which is fine by me. Be interesting to see how this affects out transfers in and out. FFP means nothing these days...just look at the Neymar deal....
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