Kieran Maguire: Southampton owners eyeing 'five or six' deals after Hasenhuttl reveal
The new Southampton owners are eyeing “five or six” clubs in order to “de-risk” their investment.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about Sport Republic’s multi-club ambitions.
The Saints announced last Tuesday (4 January) that Sport Republic, the investment vehicle of Dragan Solak, had bought an 80 per cent stake.
In an attached statement, Sport Republic CEO Martin Semmens said: “Our ambition is to build a portfolio of high-influence stakes in football clubs.”
Per the Daily Mail last Friday (7 December), Ralph Hasenhuttl revealed the takeover will not mean “we change our behaviour” in the transfer market.
Maguire explained the merits of a multi-club operation and how it might affect the Saints going forward.
Subscribe to Football Insider TV now
“What Sport Republic are trying to do is de-risk their investment,” he told Football Insider‘s Adam Williams.
“If they own a club and it gets relegated, you’ve got a problem. If you own five or six clubs, chances of all of them getting relegated at the same time are slim.
“What they would hope to do is offset the downturn in any one club through continued success at the others.
“That’s what we’re seeing with this model. These types of owners who aren’t necessarily football fans see these clubs as a standard financial investment.
“Investing in the US is too expensive. The price of an MLS franchise is obscene. You can buy a Premier League club for less.
“The downside is that you have the relegation possibility to factor in.”
Sky Sports reported last Wednesday (5 January) that Solak paid £100million as part of the deal to buy Southampton.
But Maguire told this site last Friday (7 January) that the true price is likely closer to £220m.
In other news, medical expert fears for Tino Livramento after Southampton news.