A Serbian-born cable television tycoon has become the latest entrant to the Premier League's eclectic roster of club-owners after striking a £100m deal to buy Saints.
Sky News has learned that Dragan Solak, the founder of United Group, has invested in a controlling stake in the Saints, who are currently 14th in the table and 10 points clear of the danger zone.
The owners of Manchester City are thought to have used a strategy similar to that of Mr Solak's new holding company, which will examine offers for clubs in other international leagues.
The table for the premier league.
The former co-director of football and an investor are involved in the takeover.
The majority ownership of the club will be ended by the deal, as it was bought by a Chinese businessman.
For the last few months, they have been looking for a new owner.
It is the first deal to have been approved by the league since a report called for more scrutiny of club takeovers.
Her inquiry was started after six English clubs decided to join the European Super League.
The takeover of Newcastle was approved by the Premier League and it gave it additional motivation.
The resignation of the league's chairman, Gary Hoffman, was triggered by the acquisition of the Magpies by one of the world's wealthiest investors.
On Monday night and Tuesday morning, it was not possible to contact it.
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