Jan 15, 2014, 2:43 PM EDT
Southampton Football Club is looking for a new leader, as Nicola Cortese resigned from his post as Executive Chairman on Wednesday night as the Premier League side has been thrown into turmoil.
In a brief statement released by the club, they revealed owner Katharina Liebherr is now the non-Executive Chairman and the hunt is already underway for Cortese’s successor.
“Southampton FC today announces that club owner Katharina Liebherr has taken on the role of non-executive Chairman. This follows the resignation of Nicola Cortese. A search has begun for a Chief Executive Officer who will take over Mr Cortese’s executive duties.”
Cortese, an Italian banker who aided German billionaire Markus Liebherr with the acquisition of the club back in 2009 for $20 million when they were on the brink of extinction and bottom of English soccer’s third-tier, has walked away from the project which has seen him turn Saints into a top 10 PL club after they were down and out. The club is now worth an estimated $180 million after a dramatic rise.
Branded a controversial and brutal figure by many Cortese, 45, has led Southampton’s charge up the English soccer pyramid following the sudden death of Liebherr in 2010. Following that setback, Cortese has ruthlessly transformed Southampton into one of English soccer’s great success stories of recent times after back-to-back promotions from League One saw them return to the top-flight in 2012-13 and establish themselves as a forward-thinking club this term.
However now Cortese’s work with Saints is over, with reports suggesting he handed in his resignation months ago and was waiting for it to be accepted so the man who made his name in Swiss banking could move on.
The daughter of the man who saved Southampton back in 2010, Katharina Liebherr, has confirmed she has taken on the role of non-executive Chairman and the South Coast club are now searching for a Chief Executive Officer to replace Cortese.
“With great regret we have accepted the resignation of Mr Cortese,” Liebherr said. “He has done a wonderful job at the club and we very much wanted him to stay. A search has now begun for a successor. In the meantime, it is business as usual and we will ensure that the manager, the team and all the staff at the club have all the help and support they need.”
To add to all the drama, it also seems as though Southampton’s manager Mauricio Pochettino may be heading out of the door alongside Cortese, as the Argentine manager has previously stated his intent to leave if Cortese were to walk away.
Back in May 2013 rumors persisted that Corteses would leave the project at Southampton after a row over funds with Katharina Liebherr. Asked then if he would remain in charge if the Chairman who had appointed him left, Pochettino had the following to say:
“The reality is we share a common passion and we share a long-term plan for this club. We share our passion for football and it would not make much sense for me to continue at this club if he [Cortese] is not here. I do not understand Southampton without Nicola in the future and I think the reality is Nicola has created everything we see at Southampton now.”
It seems as if turbulent times are ahead for Southampton after their best season in decades — which sees them currently sitting in ninth place in the PL with a young talented squad full of international players — has been throw into disarray, as a disintegration at the board room level could bring the club to its knees. Pochettino could be followed out of the door by several first team players, as 18-year-old Luke Shaw is attracting the interest of Manchester United, Manchester City and Chelsea, while England internationals Rickie Lambert, Jay Rodriguez and Adam Lallana could all leave in the January transfer window.
The next 24 hours will reveal more facts about what’s going on at St. Mary’s. But all is not well on the South Coast of England as Cortese has walked away from the Saints.
Aug 1, 2014, 7:56 PM EDT
Two Eastern Conference teams on unbeaten streaks meet at Sporting Park in Kansas City.
Aug 1, 2014, 7:39 PM EDT
The Arsenal captain saw his games drop significantly last season, and would be a fantastic grab for Manchester United.
Aug 1, 2014, 6:51 PM EDT
After a very disappointing debut season with Norwich City, the Dutch striker is off to France.
Aug 1, 2014, 5:55 PM EDT
A head-scratching moment by the New York defender cost him two games, while the ensuing melee dug into the wallets of others.
Aug 1, 2014, 5:16 PM EDT
With helpful videos, NBC is getting you ready for the upcoming Premier League season just days away!
Aug 1, 2014, 4:34 PM EDT
Despite reports to the contrary a month ago, it appears the newly-added Crimean clubs will indeed play in the Russian leagues next season.
Aug 1, 2014, 3:52 PM EDT
After 13 years at Chelsea, there’s a good chance Frank Lampard could play at Stamford Bridge again…in a lighter shade of blue.
Aug 1, 2014, 3:18 PM EDT
Arsenal, Newcastle and West Ham are among the teams who’ve loaded up on talent.
Aug 1, 2014, 2:34 PM EDT
Myers and actor Daniel Craig were among the luminaries on hand to watch Liverpool take on Manchester City at Yankee Stadium.
Aug 1, 2014, 1:42 PM EDT
Silly season has reached an absurd level, with even sports books creating rumors out of club links.
Aug 1, 2014, 1:00 PM EDT
Birmigham City defender Will Packwood and Southampton goalkeeper Cody Cropper are on the list of U-23 stars preparing for the Bahamas.
Aug 1, 2014, 12:10 PM EDT
Serbia and the Ivory Coast also tab new bosses as the race for continental and world glory continues.
Aug 1, 2014, 11:25 AM EDT
Fans of Detroit City FC helped raise money for slain Michigan referee John Bieniewicz via a “swear jar”, then saluting him with silent red card salute.
Aug 1, 2014, 10:51 AM EDT
A great save followed up by an awful rebound, as Hull draws Trencin 0-0 in its Europa League debut.
Aug 1, 2014, 9:59 AM EDT
West Ham, Crystal Palace and Newcastle have all added players for 2014/15, according to reports.
Aug 1, 2014, 9:23 AM EDT
Would City’s best prospects playing in MLS be a boon for the league, or lend the league a minor league image it’s trying to escape?
Aug 1, 2014, 8:36 AM EDT
Alberto Moreno of Sevilla is the key cog of the pair, appearing 40-plus times for Sevilla in its run across La Liga and the Europa League.
Aug 1, 2014, 7:57 AM EDT
Brazilian outlet UOL says Ronaldinho could be on his way to Major League Soccer, as the Red Bulls up the ante in NY rivalry.
Aug 1, 2014, 1:03 AM EDT
A nine-match weekend sees MLS return to NBC, with NBCSN set to broadcast games in Kansas City, San Francisco.
Jul 31, 2014, 10:07 PM EDT
Manager remains insistent the Spanish international will stay at Stamford Bridge.
- Learn the chants for every Premier League team! 1
- Updated team-by-team list of Premier League transfers this summer 3
- US U23 list for Bahamas camp unveiled as Olympic prep continues 0
- New York City FC could be a proving ground for Man City youth 6
- Report: Red Bulls meet Ronaldinho’s reps; Reunion with Henry coming? 1
- MLS weekend preview: Conference leaders, surging Galaxy take to NBC, NBCSN 5