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Southampton's billionaire owners Sport Republic are drawing up plans to add two new clubs to their network by the end of summer... with Dragan Solak and Co planning to emulate Manchester City chiefs by acquiring a portfolio of teams

Southampton's new owners Sport Republic are hopeful of adding up to two clubs to their network by the end of the summer.

The group, led by Serbian billionaire Dragan Solak and including CEO Rasmus Ankersen plus chairman Henrik Kraft, bought a £200m, 80 per cent controlling stake in Southampton in January.

They revealed plans to make the south coast side the cornerstone of a portfolio of clubs similar to the City Football Group that Manchester City are the focal point of or the Red Bull group.

Southampton owners Sport Republic are hopeful of adding up to two clubs to their network

Ankersen has first-hand experience of multi-ownership having been a co-director of football at Brentford and also chairman of Danish side Midtjylland who were owned by the Bees.