Saints close Liebherr era with £40m profit

southampton-fc-finances

By David Owen

March 29 – Premier League Southampton have posted a hefty profit for the year to end-June 2017, its last under the control of Katharina Liebherr. In August, Liebherr’s vehicle, St Mary’s Football Group, sold out to Lander Sports (UK), bringing the club under the control of Jisheng Gao, a Chinese property magnate.

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Thrown to the Wolves. Fosun stake in Mendes agency under scrutiny over third-party influence

By Paul Nicholson

March 19 – Runaway English Championship leaders Wolverhampton Wanderers look certain to be headed back to the Premier League but they will need to head off growing concerns about their ownership and the influence of super agent Jorge Mendes in the club’s signings, an influence that will concern Premier League club owners, many of whom rely on Mendes for key foreign players.

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