Chinese businessman Gao Jisheng has sold his 80 percent stake in English Premier League soccer club Southampton for a reported $136 million, more than two years after declaring he wanted to sell. It represents a significant loss for Gao, who used his personal wealth to purchase the holding in 2017 for $272 million.
How much would it cost to buy Southampton?
Southampton have ended their search for new owners after a group led by a Serbian billionaire bought a £200million controlling stake in the Premier League club.
When did Gao Jisheng buy Southampton?
2017
Chinese businessman Jisheng Gao has been looking to sell the 80 per cent stake he purchased in Saints in 2017 for several years.
How much are the new Southampton owners worth?
What is Dragan Solak’s net worth? A report from Serbia, published in February 2021, claimed that new Southampton owner Dragan Solak has a net worth of €1.22 billion (around £1.02 billion by current exchange rates).
How much is Southampton debt?
Because of this, a £19 million payment has been deferred until the 2020-21 accounts. The club’s overall debt, largely due to the MSD loan (more on that later), has climbed from £32.1 million to £92.6 million.
Is Southampton cheaper than London?
Cost of Living Comparison Between Southampton and London
You would need around 5,084.25£ in London to maintain the same standard of life that you can have with 3,400.00£ in Southampton (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
How much did they sell Southampton?
Southampton takeover: Club confirm Serbian-born businessman Dragan Solak has completed £100m deal. Southampton have confirmed a Serbian-born cable television tycoon has completed a £100m takeover of the club.
Is Southampton’s new owner Rich?
Šolak’s estimated £1.4bn wealth is mainly derived from the 33% stake he retains in United Group, a Netherlands-based company he built from scratch that controls media assets across the Balkans.
Has Southampton been sold?
Premier League club Southampton have been bought by a holding company controlled by Serbian media tycoon Dragan Solak in a deal worth 100 million pounds. The Sport Republic group, which is headed by Solak, takes over Chinese businessman Gao Jisheng’s 80% stake in the club.
How much did Southampton pay for Walker Peters?
Kyle Walker-Peters signed a 5 year / £6,000,000 contract with the Southampton F.C., including an annual average salary of £1,200,000.
How much did Southampton buy Adam Armstrong for?
£15 million
On 10 August 2021, Armstrong joined Premier League side Southampton on a four-year-deal for an undisclosed fee, reported to be in the region of £15 million. He scored on his debut for the club, a 3–1 defeat away to Everton on the opening day of the Premier League season.
What is the net worth of Newcastle owner?
1) Newcastle United – Saudi Arabia Public Investment Fund – £320billion.
Who is the UK most in debt to?
The balance of £75bn comprises £25bn in Network Rail loans, £15bn in local authority external debt (local authorities owe £120bn in total, but £105bn is owed to central government) and £35bn in other sterling and foreign currency debt.
Which club has the highest debt in England?
The English club with the most debt is Tottenham. Their staggering 826 million euro debt was worth it.
Which football clubs are in the most debt?
- AC Milan – €666 million in debt.
- Inter Milan – €702 million in debt.
- Tottenham Hotspur – €826 million in debt.
- Juventus – €900 million in debt.
- Barcelona – €1.35 billion in debt.
How much does America owe the UK?
4: United Kingdom
The United Kingdom (U.K.) is on a roll when it comes to owning U.S. debt. In 2021, its holdings topped $443 billion, a nine-year high [source: Sebastian].
Is Southampton a rich area?
An affluent population
With over 254,000 residents, Southampton’s catchment extends to affluent rural areas including Winchester, Andover and edges of Basingstoke and Portsmouth.
Where is the cheapest city in England?
10 most affordable towns in the UK for 2022
- Ferryhill, County Durham (£80,400)
- Stevenston, North Ayreshire (£88, 800)
- Cumnock, East Ayreshire (£89,400)
- Peterlee, County Durham (£84, 200)
- Egremont, Copeland (£120,900)
- Girvan, South Ayrshire (£105,000)
- Irvine, North Ayrshire (£102, 100)
- Millom, Copeland (£131, 500)
Which is bigger Portsmouth or Southampton?
Glasgow – 1,264,000. Southampton-Portsmouth – 932,000. Liverpool – 910,000. Newcastle – 820,000.
What is Southampton biggest loss?
Heaviest Defeats
| # | Date | Result |
|---|---|---|
| 1 | Feb 2, 2021 | 9:0 |
| 2 | Oct 25, 2019 | 0:9 |
| 3 | Nov 20, 1971 | 8:0 |
| 4 | Oct 19, 1985 | 7:0 |
How much did sport republic pay for Southampton?
Sport Republic, which is backed by Serbian billionaire Dragan Šolak, has been planning to create a multi-club group since it acquired an 80 per cent stake in the Saints for a reported UK£100 million (US$121 million) in January.
How much did Leeds United sell for?
The board finally sold the club to Ken Bates for £10 million. Under Blackwell, Leeds reached the Championship play-off final, which they lost to Watford.