Liebherr is the Saints saviour

SOUTHAMPTON have been saved from the brink of extinction after Swiss businessman Markus Liebherr announced the completion of his takeover of the League One club yesterday.

The 61-year-old has an estimated fortune of £2.5bn and paid an undisclosed fee for the club.

Liebherr owns and controls the Swiss-based Mali Group, which consists of five companies engaged in technologically advanced engineering.