Southampton Football Club's Chairman Nicola Cortese and its owner Katharina Liebherr have announced their commitment to its future. It follows speculation that Southampton boss Mauricio Pochettino would be leaving the club if Nicola Cortese quit.
The Argentine manager was recruited by Cortese in January. But there were rumours this week Cortese could be on his way out amid differences over the way key decisions are made within the club.
– Nicola Cortese - Southampton Chairman
"We are now in a position to move forward with our ambitious plans for the Club and I would like to thank Katharina for the very helpful manner in which she approached our talks about long term strategy. This matter is now resolved. "We can now focus 100% on our preparations for next season. The last few days have shown me the unity that we now have across the Club in the players, the First Team Manager, the staff and the Chairmanship. I have always believed that to create this unity would make us a very strong Club and it is one of which I am unashamedly proud. "
Nicola Cortese, 44, has watched Southampton move up from League 1 to the Premiership. It is reported that the Liebherr estate has not yet sought to extend the chairman's contract. The success the club has seen in recent years has been fruitful for all parties.
It's reported that the Saints chairman, Nicola Cortese, wants to see renewed backing from the trust that owns Southampton Football Club before he commits to a new contract with the club.
The Hampshire-based Premiership team is owned by the Leibherr trust. Mr Cortese has told them he want to take the club to the next level and it's claimed he believes additional investment is essential to do this. The Saints chairman played a key role in the purchase of the club in 2009.
Swiss businessman Markus Liebherr had been behind the move, but died suddenly the following year.