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Page last updated at 11:15 GMT, Thursday, 8 May 2008 12:15 UK

Consortium poised for Saints bid

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A consortium hoping to buy Southampton has secured the funds to mount a bid for the Championship outfit.

A source has told BBC Radio Solent that a group led by barrister Jonathan Fulthorpe is close to tabling a full offer for Southampton's parent company.

Saints have been in talks with the group for several months.

If the bid stalls, former Saints chairmen Michael Wilde and Rupert Lowe are poised to take control of the club ahead of a planned EGM on 16 May.

Lowe and Wilde control 46% of the shares in parent company Southampton Leisure Holdings plc.

The pair recently requested the Extraordinary General Meeting in a bid to remove most of the current board, including football club chairman Leon Crouch.


see also
Southampton call EGM over future
21 Apr 08 |  Southampton
Lowe & Wilde call for Saints EGM
01 Apr 08 |  Southampton
Crouch against chairmen's return
22 Mar 08 |  Southampton
Saints chairman hits out at Lowe
20 Mar 08 |  Southampton
Saints chairman Lowe stands down
30 Jun 06 |  Hampshire


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