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Serbian TV tycoon completes Southampton takeover

Southampton have confirmed that they've been taken over by the investment firm Sport Republic. Th...



Serbian TV tycoon completes So...
Soccer

Serbian TV tycoon completes Southampton takeover

Southampton have confirmed that they've been taken over by the investment firm Sport Republic.

The group are led by Serbian-born cable television tycoon Dragan Solak.

They've purchased a 100-million pound controlling stake in the Premier League club, replacing Chinese businessman Gao Jisheng.

"Southampton Football Club can today confirm that Sport Republic has completed the acquisition of a controlling stake in Southampton Football Club," the Saints announced in a statement.

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