UK time is: 05:18:16
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Indian takeaway for Ashley?

Not one but two takeover bids have made the back pages of the papers this morning as the NOTW speculates that the Ashley era was just a quick turnover exercise by the Sports Direct magnate. Into the fray however comes two very interesting options.

My personal favourite is the Indian option. Willing to pay 260m and probably a whole lot more in an attempt to conquer the last untapped world football market, I quote the NOTW`s piece on the man, Anil Ambani:

India`s second richest man who has a personal fortune of 21BILLION has been in negotiations with Ashley for several weeks, and has made it perfectly clear he will rival Chelsea owner Roman Abramovich in the spending stakes. A figure of around 150m has been discussed in Ambani`s inner circle with the telecoms magnate only too happy to sanction such a sum for players. And he can afford it.

He is TWICE as rich as Blues` billionaire owner Abramovich, who has a personal fortune of just 11b.
Ambani`s Reliance Communications (RCom) is the largest supplier of mobile phones on the sub-continent and one of India`s most successful companies in a market that rivals China as the biggest boom economy in the world.

Ambani the 2006 Businessman of the Year moves in the same powerful circles in India as Red Rom does in Russia. He is a friend and confidante of politicians as well as one of the most successful businessmen of the last decade. He is married to former Bollywood actress Tina Munim and one of his two sons is at a private school in Kent.


Sounds fairly promising. In the other corner are the Singaporeans:

From the Far East, comes the Profitable Group, a strategic global investment company that has made a name for itself as one of the shrewdest dealers in a fluctuating market and who now has eyes on a Premier League prize.

In their armoury is Steve McMahon. The ex-Liverpool star made a name for himself as a TV pundit in Singapore working for ESPN.
The Scouser has been appointed Profitable`s Commercial Director in charge of strategic sports investment.

McMahon gives Profitable, who targeted Everton earlier this year, an important weapon in any takeover talks a man who knows football clubs inside out and who can provide Profitable with vital insight.


Overall there`s little doubt that a man with twice the financial clout of the Chelski bloke and nearly 30 times Ashley`s would be welcomed with open arms.






Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Sunday August 3 2008

Time: 9:32AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Newcastle United Articles

Mbiwa Allowed To Go Despite Shortage (Monday September 1 2014)

Transfer Deadline Day Live Blog (Monday September 1 2014)

Having Watched..... (Sunday August 31 2014)

NUFC v Crystal Palace Match Analysis (Saturday August 30 2014)

Call Ups Cause Commotion (Thursday August 28 2014)

Ignore Loic Remy Talk (Thursday August 28 2014)

NUFC Cup Date At The Palace (Wednesday August 27 2014)

A Win But Must Do Better (Wednesday August 27 2014)

Ben Arfa Back But For How Long? (Monday August 25 2014)

Archived Newcastle United Articles

List All TOTT Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Rexn 30
2. billybobcat 24
3. Finn_the_Dog 20
4. The Owl 13
5. Boomboomcheiktheroom 12
6. officemonkey 11
7. Sir Laz 8
8. kevinpie 7
9. Toon_NoMatterWot 5
10. AMac 4

League Results (view all)

Latest Results
Newcastle 3 - 3 Crystal Palace
Aston Villa 0 - 0 Newcastle
Newcastle 0 - 2 Man City

League Table (view table)

Team P W D L GD Pts
13. Sunderland 3 0 2 1 -1 2
14. Man Utd 3 0 2 1 -1 2
15. Leicester City 3 0 2 1 -2 2
16. Newcastle 3 0 2 1 -2 2
17. Everton 3 0 2 1 -3 2
18. WBA 3 0 2 1 -3 2
19. Crystal Palace 3 0 1 2 -3 1

Breaking League News

Assaidi returns on loan
Stoke : 02/09/2014 00:50:00
Doyle Beats The Clock, Murray Out On Loan
Crystal Palace : 01/09/2014 23:58:00
Mbiwa Allowed To Go Despite Shortage
Newcastle : 01/09/2014 23:35:00
Two Further Loans Confirmed
Southampton : 01/09/2014 23:27:00
Huws Joins Wigan - Valencia Confirm Negredo
Man City : 01/09/2014 23:15:00

Current Site Poll (view all polls)

Where do you think NUFC will finish this season?
Suggested By:  Talk of the Tyne
Top 3%
Top 4 5%
Europa league places 28%
Mid table 54%
Relegated 10%