Pinnacle confident of Saints deal

Published Add your comment

The Pinnacle Consortium are confident of completing their proposed takeover of Southampton before next Friday`s deadline.

The Matt Le Tissier-backed group entered a 21-day exclusivity agreement with Southampton Leisure Holdings at the end of May and are in negotiations with administrators Begbies Traynor with a view to taking over at St Mary's.

Pinnacle have until Friday June 19 to complete the deal and Tony Lynam, the voice of the consortium, has revealed they are on course to conclude a deal, telling The Daily Echo: "Thing are going really well and going to plan. What's in our hands is now being done."

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Matt Le Tissier

Read more

back to top