China's Lander Sports agrees to buy stake in Saints


Britain Football Soccer - Liverpool v Southampton - EFL Cup Semi Final Second Leg - Anfield - 25/1/17 Southampton's Shane Long scores their first goal Action Images via Reuters / Jason Cairnduff Livepic

SHANGHAI/BENGALURU (Reuters) - Southampton were set to become the latest English Premier League team to get Chinese investment, with stadium builder Lander Sports Development <000558.SZ> saying on Thursday it was taking a stake in the club.

Lander, whose interest in Southampton was rumoured last year, said in a stock exchange statement that it had struck a deal with Saints' owner Katharina Liebherr to buy into the soccer club's holding company, without disclosing any terms.

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