Southampton for sale, Cardiff facing bankruptcyBy: Matt P | March 11th, 2008
Saints fans Jonathon Fulthorpe and John Cousins are leading a consortium aiming to take over Southampton FC. BBC Online state that a deal for the club is ‘imminent’ and ‘It is believed they have held several meetings with Saints club officials and have significant funds to aid the club.’
Meanwhile Cardiff face the threat of bankruptcy after Langston Corporation demanded £24 million, which they loaned to Cardiff in 2004, paid back immediately. The case has gone to court and, if the Bluebirds lose, could spell disaster for the club.