According to this (Swiss Ramble) they paid their debts in full
Just as it looked like the club would have to fold, the cavalry arrived in the shape of Markus Liebherr, whose DMWSL 613 Limited acquired the share capital of the football club (and other group companies) from the administrators of Southampton Leisure Holdings Plc on 8 July 2009. Not only did the new owner save the club, but he also paid the debts in full, as opposed to many new owners who only pay a few pennies in the pound for debts owed, leaving many small business and public authorities out of pocket.
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Posted By: watfordcanary on August 28th 2012 at 14:21:46
Message Thread
- Southampton looking to spend ?11m on a player (NCFC) - Larry Hagman, Aug 28, 14:05:52
- Be better spending on all the businesses they shafted when they went into admin (n/m) (NCFC) - colincanary, Aug 28, 14:10:43
- According to this (Swiss Ramble) they paid their debts in full (NCFC) - watfordcanary, Aug 28, 14:21:46
- Ah I take it back then. (n/m) (NCFC) - colincanary, Aug 28, 14:26:46
- According to this (Swiss Ramble) they paid their debts in full (NCFC) - watfordcanary, Aug 28, 14:21:46
- Be better spending on all the businesses they shafted when they went into admin (n/m) (NCFC) - colincanary, Aug 28, 14:10:43
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