Administrators close to Saints deal

12 May 2009 12:19
Saints are desperately looking for a buyer to avoid going bust and have been in talks with a number of interested parties - thought to include a bid backed by legendary former player Matt Le Tissier. Joint-administrator Mark Fry is holding further discussions with two "serious" groups and has also received some late new interest in the South Coast club. "We are talking to a couple of seriously interested parties and there are some late expressions of interest, but we are hoping to align ourselves with a potential bidder within the next 48 hours," Fry told the Southern Daily Echo. Relegated Saints will kick off next season in League One on minus-10 points after their parent company, Southampton Leisure Holdings plc, was placed in administration last month.

Source: Team_Talk