Are these "Lowe" tactics or what? Something stinks on the South Coast, and it isn't rotten fish.

Southampton are likely to fold before the end of the season unless a buyer for the ailing Coca-Cola Championship club can be found.

The company which owns the south-coast club, Southampton Leisure Holdings plc, have gone into administration with chairman, Rupert Lowe, resigning.

By placing their parent company into administration, however, Saints appear to have at least avoided a 10-point deduction from the Football League.

The League will discuss the matter at a scheduled meeting on Tuesday, but as things stand they cannot apply the standard sanction because the club itself is not in administration.

Barnsley Director Don Rowing has gone on record by saying: "When clubs in any division start a season, they hope to retain their status by their performance on the field.

"However, there are regulations that we all have to adhere to and Southampton were aware, as all other clubs are, that should they go into administration, they would face a points deduction.

"The fact that they have not done is because they have found a loophole which gives them an advantage over their competitors in the Championship and goes against the spirit of the competition."

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