Serbian TV tycoon completes So...


Serbian TV tycoon completes Southampton takeover

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Southampton have confirmed that they've been taken over by the investment firm Sport Republic.

The group are led by Serbian-born cable television tycoon Dragan Solak.

They've purchased a 100-million pound controlling stake in the Premier League club, replacing Chinese businessman Gao Jisheng.

"Southampton Football Club can today confirm that Sport Republic has completed the acquisition of a controlling stake in Southampton Football Club," the Saints announced in a statement.

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