British-Iranian business tycoon Kia Joorabchian is reportedly
involved in a £50million consortium looking for a takeover of
Southampton.
The 36-year-old founder and president of Media Sports Investments
failed in his attempt to buy West Ham 18 months ago.
Late last year, SISU Capital were amongst the parties interested in
a Saints takeover, which would require buying a majority share in
parent company Southampton Leisure Holdings plc.
SISU opted to buy Coventry instead, with three Southampton bosses
quitting the troubled club in December.
However, Joorabchian sees potential in Saints, who lie 15th in the
Championship, and is confident of completing the takeover within
the next fortnight.