 Lowe has been under pressure since Saints were relegated in 2005 |
Rupert Lowe has resigned as chairman of Championship side Southampton. After 10 years in charge, Lowe has stood down from the club's board along with Andrew Cowen, Guy Askham, Michael Richard and David Windsor Clive.
Michael Wilde, Ken Dulieu, Jim Hone, Lee Hoos, Patrick Trant and Leon Crouch have been appointed as Southampton's new directors.
Wilde is the leader of a group of local businessmen that has campaigned to unseat Lowe.
Lowe's decision comes just three days before the emergency general meeting called by major shareholder Wilde which would have decided his future.
 | We will be speaking urgently to George Burley to establish the resources he needs Property tycoon Michael Wilde |
"We have had 10 interesting years at the club and leave behind us the legacy of
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Report: Lowe leaves Saints