Liebherr’s Southamptonshareholding diluted
Katharina Liebherr no longer owns a 20 per cent shareholding in Southampton, reports Dan Sheldon.
She inherited the club from her father, Markus, after he died of a heart attack in August 2010 and maintained full ownership until selling an 80 per cent stake to Chinese businessman Gao Jisheng in 2017.
And when Sport Republic bought the club at the beginning of the year, it did not include Liebherr’s 20 per cent.
However, following the group’s investment over the summer, when it injected millions of pounds into the club, her shares have been diluted.
Though the exact stake has not been disclosed, it means Liebherr no longer owns 20 per cent of Southampton and her shareholding has decreased.
Due to the increased capital put into Southampton by Sport Republic, her shares — even though they no longer total 20 per cent — remain at the same value.