FACING RUIN.SOUTHAMPTON are on the brink of becoming the first league club to go bust to go bankrupt. See also: bust since Aldershot in 1992 after they were forced to call in administra- tors last night over their pounds 30million debts. St Mary's chief exec- utive and former chairman Rupert Lowe Rupert Lowe is a British businessman, who was the Chairman of Southampton Football Club from 1996 to 2006. Biography Rupert Lowe gained his reputation working in the city for companies such as Morgan Grenville and Deutsche Bank. and fellow directors Michael Wilde and Andrew Cowen quit the club's parent holding company. Administrator Mark Fry said the prospects for the club was bleak. Football League bosses will decide on Tuesday whether to impose a points deduction, which would condemn Saints to relegation from the Champi- onship.. |
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