Former Welham Green businessman buys Southampton FC

Published: 6:53 AM July 15, 2009 Updated: 8:04 PM November 3, 2020

A FORMER Welham Green businessman has become the latest foreign billionaire to buy a professional football club. Markus Liebherr, a Swiss national, completed his takeover of League One Southampton FC on Thursday, ending months of speculation

A FORMER Welham Green businessman has become the latest foreign billionaire to buy a professional football club.

Markus Liebherr, a Swiss national, completed his takeover of League One Southampton FC on Thursday, ending months of speculation over the future of the famous club, nicknamed the Saints.

The 61-year-old is a former director of Liebherr Holdings, an international machinery company which had its base in Travellers Lane, Welham Green, from 1961 until 2004.

For more see this week's Welwyn & Hatfield Times, out now.