Saints have said they will co-operate fully with Hampshire Police after the death threat made to Michael Wilde.

The Daily Echo yesterday revealed that an e-mail had been sent threatening to kill the Saints football board chairman if he continued his involvement with the club and attended games at St Mary’s.

The matter has been passed to Hampshire Police’s football intelligence unit who are believed to have traced the e-mail to a Southampton premises.

In a statement, the club said: “We are aware that a threat has been made to Football Club Chairman Michael Wilde.

“The Club is liasing closely with Hampshire Police, and offering our full co-operation in order to aid their investigations.”

Whether Wilde will attend tomorrow’s St Mary’s clash with Swansea remains to be seen.

But PLC chairman Rupert Lowe will definitely not be present as he completes his foreign holiday which also saw him miss the games against Doncaster and Norwich.

A pre-match demonstration against Rupert Lowe and Michael Wilde is starting at the Bargate in Southampton city centre at 1.15pm tomorrow.

Saints’ stock market value is now just £5.62m following another slide in the share price.

There have been a couple of recent dips in the price of shares in Southampton Leisure Holdings PLC.

And that culminated yesterday as it reached 19.25p, 0.75p being taken off which is a fall in value of 3.75 per cent.

That is a new record low price.

It means the theoretical value of the total shareholding is now less than the £6m fee Sunderland paid for Kenwyne Jones in August 2007.