Austrian group only option for Saints

Last updated : 30 June 2009 By Matthew Brook

Southampton Football Club's future is hanging on by a thread and can only rely on a Austrian consortium after Matthew Le Tissier's Pinnacle Group withdrew their interest.

Former midfield ace Le Tissier, 40, confirmed that the Pinnacle deal could not be confirmed due to an agreement with the football league unable to be met. Le God also confirmed he was 'Frustrated and Hurt' at the decision taken by the Pinnacle consortium this morning.

All hope hangs on the shoulders of a Austrian consortium, thought to be none other than Red bull. The sports company are worth £8bil and have a string of successful sports teams and endorse very successful sports stars, such as Sebastian Vettel and Kevin Pietersen, however, the deal could agree that the clubs name can be changed, as all red bull owned sports teams have 'Red Bull' in their names, the proposed name is rumoured to be 'Southampton Red Bulls'. This may cause uproar in the City as it is against tradition and with all due respect, sounds very American. Mark Fry is expected to make a statement this evening; however there are rumours going around that Pinnacle stepped aside due to Le Tissier saying that the Austrian consortium can provide a better future for the Saints. According to Mark Fry there will be no more exclusivity, it's either a straight cash deal by Friday or the club will close. There is a Middle Eastern consortium said to be interested too but no-one knows who this could be.

Also, Marc Jackson's consortium has decided to pull out also due to 'Israeli backers opting out' he wished the fans the best of luck and telling them they deserved better. One thing is for certain, the club could be gone by Friday or we could be celebrating with a can of Red Bull.