Contrary to earlier reports, Chinese development company Lander have insisted that they have not pulled out of negotiations with St Mary’s Football Group regarding a potential purchase an 80% stake of Southampton Football Club.

According to a report from China Daily, the Holding Group have denied the reports of them pulling out of discussions with Katharina Liebherr, Southampton’s current owner, and are still keen to make their move for the club.

It’s stated that the claim that ruled out any further talks with St Mary’s Football Group was made simply by the group’s subsidiary company Lander Sports. However, the report now states that Lander expect to see a deal progress in regards to buying an 80% stake and will now take the negotiations forward with the unlisted parent company Lander Holding Group.

Southampton will now hope that they can come to a healthy conclusion with Lander regardless of whether the stake is bought, leading to a clear future and vision for the club.