Date: 29th May 2009 at 6:08pm
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Southampton administrators are entering a period of exclusivity with the Pinnacle Consortium led by Matthew Le Tissier.

Saints legend Le Tissier fronts the eager party who have been interested in buying the cash-strapped Saints for weeks now.

The Pinnacle group now have 21 days of exclusivity in which they have to confirm a deal to buy the south-coast outfit.

The group had to pay a non-refundable, undisclosed fee to ensure the three week exclusivity deal, and this cash influx has enabled to club to pay the staff for May.

Joint administrator, Mark Fry is pleased with today’s announcement and spoke to the official website: ‘I am extremely pleased to be able to announce this significant development in the sale process of the assets of Southampton Leisure Holdings Plc, including Southampton Football Club.’





 

6 Replies to “Le Tissier to save Saints”

  • Amazing news! Now we know that a deal will hopefully be made in the next 3 weeks. It will be amazing if Le Tissier of all people was leading the club. Things could really be on the up for Southampton FC!

  • Such good news! I’m buzzing about this. Please sort it out in the next 3 weeks, and roll on next season!!!

  • look fellahs, please hear me out….I am realy pleased for you, I hope that you can overcome the -10, and would love to have a derby again.
    I grew up between Adover and Basingstoke in the 70’s and our positions were reversed, i took loads of stick from you lot, and in these recent years I’ve given plenty back.
    ….but now ..i realy do wish you luck, well done Le Tis….these feathers in my mouth need to be spat out….
    Play up Pompey…

  • errr, we are not all in a hurry for derby match, excluding the odd cup tie. No, quite happy for you to slum in the lower leagues for a few years yet. This consortium have 3 weeks to get the debts wiped off & to buy the club on the cheap!!!!

  • minus 10 was the last forecast but could be a colder snap if players are not paid!!

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