U.K. investment firm looks at majority stake in Southampton

English Southampton claims an unnamed U.K. investment company is looking at taking over the club, with at least a 55-percent stake.

The club said a substantial amount of money could be infused into the club's treasury, though Southampton cautioned that there is no certainty that the takeover will be finalised.

The investor will conduct a financial review of the club. There will be a proposed placing of new shares at a discount to current share pricing. A conditional Rule 9 Waiver must be waived by the Takeover Panel, and independent shareholders must approve that waiver.

"The investor has stated that the above proposals represent the beginning of a proposed long-term commitment on its part as a strong and supportive shareholder whose interests would be closely aligned with those of current shareholders and supporters of Southampton Football Club and other stakeholders in the company," read the Southampton Leisure statement to the stock exchange.

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