Le Tissier is a backer of the Pinnacle group of investors who are looking to complete a takeover at St Mary's.
Optimism is growing on the south coast, not least after a picture of Le Tissier apparently meeting another legendary ex-Saints player, former Newcastle and England boss Kevin Keegan, appeared in the local media on Thursday morning.
The club were unable to shed any light on the Keegan link but, with Pinnacle's exclusivity deadline due to expire on Friday, they are eagerly awaiting an announcement.
Southampton will kick off in Coca-Cola League One on minus 10 points next season after their parent company entered administration in April.