Deals
Premier League’s Southampton Said to Be New China Soccer Target
- Lander Sports Development said in talks to acquire Saints
- Discussions come amid China soccer buying spree sparked by Xi
China's Plans for Soccer Glory
This article is for subscribers only.
Southampton, the Premier League football club based on the south coast of England, is in exclusive talks to be taken over by Lander Sports Development Co. of China, according to people familiar with the situation.
Katharina Liebherr, the club’s Swiss owner, has been engaged in the talks for several weeks, said the people, who declined to be identified because an agreement has yet to be completed. The price could be as much as 200 million pounds ($246.2 million), they said.