Southampton chief executive Martin Semmens discuses the Dragan Solak-backed takeover of the club

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Southampton have been taken over by a company backed by Serb media mogul Dragan Solak. The Premier League club confirmed Sport Republic has bought Chinese businessman Gao Jisheng's 80% stake. Gao took over Southampton in August 2017, with Katharina Liebherr, who inherited the club from her late father Markus in 2010 when they were in League One, retaining 20%. Liebherr will continue to own her minority stake in the new deal.