Southampton chairman Nicola Cortese considering his position
The Italian businessman wants the Liebherr trust to underwrite his strategy for Southampton to consolidate themselves in the Premier League
Monday 13 May 2013
Southampton's chairman Nicola Cortese is looking for renewed backing from the trust that owns the club before he decides whether to remain in his position.
The Italian businessman wants the Liebherr trust to underwrite his strategy for Southampton to consolidate themselves in the Premier League.
A source close to Cortese, who has overseen Saints rise from League One to the top flight, said he will make a decision on whether to remain as chairman within the next month.
It is understood that Cortese's current frustration centres on those in charge of the trust knowing little about football and not committing themselves to his plans.
Cortese has told the trust he wants to take Southampton to the next level and wants them to support his strategy for doing so, including committing itself to underwriting some modest investment.
Cortese feels he has proved he has handled the club well and his decision, controversial at the time, to replace Nigel Adkins with Argentinian manager Mauricio Pochettino four months ago has paid off with the Saints having all but secured Premier League status for next season.
Cortese was instrumental in the purchase of Southampton in 2009 by Swiss businessman Markus Liebherr, who died suddenly the following year and the club is now owned by the Liebherr trust.
Latest in Sport
West Ham vs Arsenal match report: Sam Allardyce fumes at referee as Arsenal push on towards top four
Tottenham vs Manchester United match report: Hugo Lloris blocks Manchester United from putting pressure on Premier League title rivals
Liverpool vs Swansea preview: 'Jonjo Shelvey is lazy, he needs to wise up,' says Garry Monk
Arsenal transfer news: William Carvalho to be subject of £20m bid
West Ham 1 Arsenal 2 player ratings: Alex Oxlade-Chamberlain? Andy Carroll? Alexis Sanchez? Who was the star man?
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 Doctors remove 80 teeth from boy's jaw
- 3 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 5 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
Millions of Britons struggling to feed themselves and facing malnourishment
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Immigrants make UK racist, says Ukip councillor Trevor Shonk