Allen denies Saints move

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Media reports linked Allen - a founder of global software giant Microsoft - with a move for the Championship club.

Spokesman Michael Nank said: "There is no truth to the rumour - and Mr Allen does not have any interest in purchasing or making a bid."

Southampton have been searching for new investors since Michael Wilde replaced Rupert Lowe as chairman last summer.

A statement released by the club to the Stock Exchange read: "The board note the recent rise in the company's share price and confirm we have received and are considering a preliminary approach which may or may not lead to an offer being made for the company.

"The board's consideration is at an early stage and there is no guarantee that any offer will be forthcoming."