Chinese group eyeing Southampton
Southampton's Oriol Romeu in action with Inter Milan's Samir Handanovic and Gary Medel. Photo: Reuters
A Chinese conglomerate is in talks to take over English Premier League football club Southampton, Bloomberg News reported,
A Chinese conglomerate is in talks to take over English Premier League football club Southampton, Bloomberg News reported, after a string of European teams were bought by Chinese investors.
Lander Sports Develop-ment Co is in talks over a deal which could be worth 200 million pounds, Bloomberg said, citing people familiar with the matter.
For all latest news, follow The Daily Star's Google News channel. Southampton finished sixth in the Premier League last season and had a profit of 12 million pounds on sales of 113.7 million pounds for the year ended June 30, 2015.