Chinese businessman Jisheng Gao has entered in to a "partnership" with Katharina Liebherr, having bought an 80 per cent stake in Saints for around £210m.
It's news that Saints supporters will hope means fresh investment in to the squad will take place and provide a bright new future for the club.
Here are how the St Mary's faithful are reacting on social media:
Go on Gao, be a hero and put in a comical bid for Coutinho! #saintsfc
— We got #PuelOut (@Puel_Out) August 14, 2017
Looking at it at face value it all seems fine. Plus we now have someone in the higher eschelons called Nelly #saintsfc
— Go Go Action Bronco (@ggabronco) August 14, 2017
I think it's a good thing the takeover. Hopefully more money to invest into the first team squad. #saintsfc
— Matt Dettmer (@dettmer93) August 14, 2017
Really not convinced by this 'partnership', we shall see #saintsfc
— Neil (@saints247) August 14, 2017
@SouthamptonFC 2009 administration and worthless. 2017 sold for £210m. Not a bad turn around. #saintsfc #COYR
— Jim Gill (@jimgill_jim) August 14, 2017
Hopefully the takeover won't have an excessive impact on how the clubs run, just need more investment for the next level #SaintsFC
— geørge (@MoroccanMessi) August 14, 2017
Just to be clear, Gao buying 80% of the Liebherr family shares for £210m. This is not an injection of cash into #saintsfc Positive though
— Chris Callaway (@golfingampm) August 14, 2017
On the Daily Echo's Facebook account fans were also reacting:
Jason Petley: "I hope this will push us forward but my only concern is the Chinese have invested before in English football and it hasn't gone well up to date."
Jason Bull: "Great news, lets get some decent investment and spend some cash on a quality striker who knows where the net is." Paul Morgan: "Do they have strikers in China?"
Alan Clowes: "Dip your hand in your pockets now . Diego Costa is looking for a new home haha"
Richie Taylor: "This is worrying times no clarity at all"
Meanwhile, on the Daily Echo message board:
Ian Byrne: "Well I'm happy.... We were going nowhere under Liebherr, she kept our club stable but had no intention of trying to push our club to the next level.
"I would rather roll the dice with new owners and see where it takes us rather than settle for mediocrity.
"If the Chinese have good intentions for our club, this is a great move.... If not then we will recover in time.
"Only time will tell"
NewForestStu: "Have to say i have serious reservations about this, but then again, perhaps this might be why our stance has changed wrt Virgil etc. Fingers crossed this works out, but i have to admit i am more worried about this than had we of stayed with Kat in total control. Open to the elements now that is for sure."
St Forlife: "Well I guess I am in 2 minds. On the one hand we have a new majority owner and time will tell to see where this takes us. Could be positive could be negative. On the other another far eastern owner does concern me given that to him we are simply an asset and a way of channelling his wealth through it and have some 'sterling' denominated wealth. I can't see him throwing money at us given that I imagine he'd as soon buy any premier club that was well financed already and without debt. Will he use the club to continue the buy low sell high business plan - but start to withdraw the profits as dividends? Or will he be looking to grow the clubs ambitions? Who knows I guess is the answer but I time will tell I suppose!!"
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