Nicola Cortese has resigned as Chairman of Southampton F.C. with immediate effect.

It is understood that Cortese handed in his resignation earlier today which has been accepted by Katharina Liebherr.

Liebherr, who inherited the club when her father Markus suddenly died in 2010, has been largely uninvolved in the running of the Saints. Cortese’s resignation comes after the relationship was reported to have deteriorated beyond a workable point.

In a statement released on the Southampton F.C. official website, Liebherr stated;

“With great regret we have accepted the resignation of Mr Cortese. He has done a wonderful job at the club and we very much wanted him to stay. A search has now begun for a successor. In the meantime, it is business as usual and we will ensure that the manager, the team and all the staff at the club have all the help and support they need.”

Cortese has reportedly pleaded with manager Mauricio Pochettino not to leave in light of his exit.

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