New Southampton director Michael Wilde admits the door remains open for anyone wanting to put money into the cash-strapped club.

Wilde has returned to the St Mary's boardroom alongside Rupert Lowe, the man he replaced as chairman two years ago, after Leon Crouch, Patrick Trant and Keith Wiseman resigned.

Previous chairman Crouch has been in talks with potential investors right up until his departure and Wilde will also welcome any approaches with the club still losing money.

"If someone genuinely provided significant money to guarantee the long-term future of the club then we would have an obligation to the shareholders to look at any interest," he told the club's official website.

"We are a public company and we have a duty to all shareholders not just a few and we must do what is best for the club. We welcome any approaches which are substantive and in the interests of the company, but we cannot rely on a fairy godmother.

"If one did turn up we would be more than happy to talk to them but in the meantime we cannot bury our heads in the sand and just hope it happens. We have to get the club back on a sound financial basis with long-term planning and a sensible approach."