Chairman Gao has no readies
Southampton fans have contacted me to express their concerns that their new Chinese owner, Chairman Gao, has no money to invest in the club having borrowed large sums to acquire it. Given that from the perspective of now minority ‘partner’, Katharina Liebherr, the whole point of the takeover was to provide much needed investment, this has to be a concern. Instead of going to the next level, the Saints may find it harder to stay at the present one.