Saints confirm takeover talk
27 Apr 2007 - 17:51:32
Southampton have confirmed that they have received a preliminary approach about a possible takeover of the club.
A brief statement on the Saints' official website read: "The board notes the recent rise in the Company's share price and confirms that it has received and is considering a preliminary approach which may or may not lead to an offer being made for the Company.
"The board's consideration is at an early stage and there is no guarantee that any offer will be forthcoming."
Speculation has linked Microsoft co-founder Paul Allen with the takeover. He owns the Seattle Seahawks NFL franchise and the Portland Trailblazers NBA side.