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Southampton's new owners will NOT embark on a spending spree following the takeover to revamp their squad and will resist temptations to splash the cash like Newcastle

Southampton's new owners will resist the temptation to plot a Newcastle-style squad revamp following their takeover.

A new era has begun at St Mary's after Sport Republic billionaire Dragan Solak, one of Serbia's wealthiest tycoon, bought Gao Jisheng's 80 per cent stake in the club for £200m.

However, splashing the cash to overhaul Ralph Hasenhuttl's squad is not on the agenda with the consortium attracted to the south coast club because of the way they are already run.

Ralph Hasenhuttl will not be able to splash the cash in the January transfer window

Southampton have developed a reputation for spotting, improving and significantly increasing the value of young talent.