Vital Football

Latest Newcastle United News

Indian takeaway for Ashley?

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.



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

Writer:Ross Molyneux
Date:Sunday August 3 2008
Time: 9:32AM

Login to post a comment

Recent Newcastle United Articles

Toon Winger Bid Knocked On The Head

We've had a bid for a winger knocked back.

Brighton's Knockaert Linked - Gillesphey Exit

Knockaert, previously of Leicester, signed for Brighton in January with Rafa looking to bring him to Newcastle? Leaving the club for another loan with Carlisle though is Gillesphey.

Perez 'A Prime' Barcelona Target?

Premier League relegation is thought to mean Perez, who has shown glimpses of what he's capable of doing at the club, will take his leave of Newcastle with a move to Barcelona touted!

Tiote And Thauvin Remain At Newcastle

Sky Sports say Al Jazira made an approach for Tiote with Lazio coming in for Thauvin, who returned to France to end last season with former club Marseille after flopping at Newcastle.

Archived TOTT Articles

TOTT articles from

Site Journalists

Ken Waugh
no email
Profile
TNMW
Editor email
Profile
Ian Smith
no email
Profile
Rexn
no email
Profile
BowburnMag
no email
Profile

Current Poll (see more polls)

Spurs MotM
Suggested By: Site Staff
Darlow10%
Janmaat1%
Taylor1%
Mbemba1%
Dummett1%
Tiote1%
Colback2%
Wijnaldum5%
Sissoko24%
Townsend43%
Mitrovic4%
Sub - Shelvey1%
Sub - Aarons3%
Sub - Sterry3%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Aston Villa 0 0 0 0 0 0
2 Barnsley 0 0 0 0 0 0
3 Birmingham 0 0 0 0 0 0
4 Blackburn 0 0 0 0 0 0
5 Brentford 0 0 0 0 0 0
6 Brighton 0 0 0 0 0 0
7 Bristol City 0 0 0 0 0 0
8 Burton 0 0 0 0 0 0
9 Cardiff 0 0 0 0 0 0
10 Derby County 0 0 0 0 0 0
11 Fulham 0 0 0 0 0 0
12 Huddersfield 0 0 0 0 0 0
13 Ipswich 0 0 0 0 0 0
14 Leeds Utd 0 0 0 0 0 0
15 Newcastle 0 0 0 0 0 0
16 Norwich 0 0 0 0 0 0
17 Forest 0 0 0 0 0 0
18 Preston 0 0 0 0 0 0
19 Q.P.R. 0 0 0 0 0 0
20 Reading 0 0 0 0 0 0
21 Rotherham 0 0 0 0 0 0
22 Sheff Wed 0 0 0 0 0 0
23 Wigan 0 0 0 0 0 0
24 Wolves 0 0 0 0 0 0
Latest F1 News
Latest Vital Boxing News

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot131
2.officemonkey65
3.billybobcat58
4.PieMag50
5.daftladguy36
6.vin189231
7.BLACKBOB30
8.Pellet23
9.Rytoon20
10.keggy_keagal19