Saints Considering Other Options In Takeover Situation Tuesday, 25th Jul 2017 12:47 Saints are starting to accept that Lander Holdings are not going to proceed with the deal to buy an 80 % stake in the club and are now looking at other potential investments. The deal with Lander Holdings is looking dead in the water with the Chinese company failing to come up with the cash, the deal has been concluded for several weeks with all that is now needed is the cash to be paid and the final signatures on the document, Saints were ready to move forward with the ball firmly in the Chinese court but Lander Holdings have not proceeded with their part of the bargain. Last week Lander boss Gao Jisheng was quoted by Reuters as saying of the potential deal: “It is not clear at the moment. The seller is having second thoughts about selling the club.” But according to the Daily Echo that is not the case and Katharina Liebherr's position remains unchanged in that she was ready to complete the transaction, although it may be fair to say that Lander's failure to complete may be leading her to believe this is not the right deal for the club. But one thing she is sure about is that if Saints are to continue to move forward then she is not the person with the cash to do it, having established Saints as a top ten Premier League club it now needs someone with more financial clout than Kat to take us to the next level and whilst she retains an emotional attachment to the club and is not yet ready to relinquish all he shares, she wants to see it become a true monument to her late father who saved us in our our of need. Saints are now coming to the conclusion that the Lander deal will now not happen and are considering other options and are believed to have already been sounded out by potential investors. However finding the right one or more to the point the right one with the right money to invest is going to be tricky and therefore it is unlikely that Saints will say too much publicly as the Lander deal could still happen so they are playing their cards close to their chest. Photo: Action Images Please report offensive, libellous or inappropriate posts by using the links provided.
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