Source: Team_Talk
Saints fate set to be decided
The Football League will discuss on Tuesday whether to dock the Saints 10 points - virtually condemning them to the drop to League One - after their parent company, Southampton Leisure Holdings, entered administration last week.
Saints, who are currently three points from safety with six games remaining, feel they should avoid the penalty because the club itself is
not in administration.
Despite their perilous position, joint-administrator Mark Fry claims there has been plenty of interest in taking over the stricken club.
Fry has warned Southampton are likely go bust before the end of the season if a buyer is not found, but a number of potential investors have come forward.
"We have a substantial number of inquiries which we are following up," Fry told the BBC.
"Clearly there are a number which are not going to be serious, but we are very hopeful there are a number of bids, or interested parties, who are serious about taking over the club.
"I know there are supporters' groups which have shown an interest but they have a long way to go to be able to raise sufficient funds."
