Tim Springett bids a less-than-fond farewell to former owners, but hopes for signs of recovery under a new regime
When Rupert Lowe invited himself back to Southampton last summer, two years after being ejected by leading shareholder Michael Wilde, there was palpable dismay among Saints supporters. There is no doubt that the finances of the club were in a perilous state – late in 2007 a sale to the SISU hedge fund that later took over Coventry City had been thwarted by Lowe, Wilde and Leon Crouch, a local businessman who also held a large number of Saints shares. Several of the highest earning players subsequently went out on loan and Saints avoided relegation by just one point. Nevertheless, there was a new manager in Nigel Pearson, who had given fans cause for optimism that better times might lie ahead. Then Lowe – aided and abetted by his former adversary Wilde – returned and the mood changed dramatically.