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.
Swedish stars ask fans for £195 pledges on crowd-funding website
voicesJust when you thought you could find a man, get married, and have a baby by the age of 35... it turns out you’re too late, says Grace Dent
sportNapoli 2 Arsenal 0: Gunners must now face either Real Madrid, PSG, Bayern Munich, Atletico Madrid or Barcelona in knock-out stages
musicAs Mariah Carey and Noddy Holder rake in the royalties from their classics, why there hasn't been a decent festive hit for 20 years?
theatreAuthor Daniel Rosenthal recalls the mishaps that almost brought the curtain down on the likes of John Gielgud and Diana Rigg
filmFilm producers sue Warner Bros for $75m over Hobbit films
lifeAs the Royal Mail plans to phase out deliveries on two wheels, it's no wonder posties are in a spin
musicThe 21-year-old beat Ella Eyre and Chlöe Howl to win the honour
lifeFull of the joys and want to help your fellow man? December isn't the time to do it
techLuke Blackall reports on precision engineered prams and babygros that monitor your child 24-7
Latest in Sport
- 1 Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute
- 2 It’s shameful that our universities have accepted gender segregation under pressure from the most oppressive religious fanatics
- 3 Kenyan politician Mike Sonko left red-faced after photoshopping himself next to Nelson Mandela
- 4 Exeter to Edinburgh and back in a day: How one fresher's lost bet left him facing a 900-mile round trip
- 5 Selfie at funeral: Cameron squeezes in on Obama snap at Mandela memorial