BusinessBusiness RecoverySouthampton FC owner’s shares suspended over survival battle

Southampton FC owner's shares suspended over survival battle

Football club's parent company suspends its shares as it is unable to publish its interims

Southampton football Club’s parent company has had its AIM shares suspended
as it fights to secure funding to survive.

Southampton Leisure Holdings failed to publish its results yesterday, with
suggestions that auditors have not signed off its accounts, as fears grow about
its ability to operate as a going concern, reported the FT.

SLH reported a net debt of £27.5m in its last financial statement in
November.

Further reading:

Rich football clubs could face star
player tax

Man City appoints new finance
chief

Arsenal forced to renegotiate £135m
loan deal

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