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Nick Evans Nick Evans Nick Evans

New Southampton director Hans Hofstetter says the club's board has inherited a "difficult financial situation". Hofstetter spoke as the Saints posted a net loss of £7.1m in their annual results for the year ending 30 June 2013. The Saints will enter the summer transfer window owing £27m in outstanding transfer fees. "It is a burden that has to be covered and will be covered," Hofstetter tells BBC Radio Solent.

10 years ago • Link to this post