Southampton owners in talks to buy stake in Shelbourne

Southampton owners Sport Republic are in advanced talks to buy a stake in Irish club Shelbourne.

The Independent reports Sport Republic are looking to expand their portfolio of clubs to emulate the multi-club group model favoured by global operations such as the City Football Group behind Manchester City and the Red Bull stable of teams.

Sport Republic paid £100m to take a controlling 80 per cent stake of Southampton last January, and assumed 70 per cent control of Turkish second tier outfit Goztepe in August.

They have been in discussions with Shelbourne for a number of months and there is confidence that it will result in a positive conclusion.