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S'poreans want to buy Newcastle United source: https://mothership.sg/2020/08/singapore-investors-newcastle-united/ Singaporean entrepreneurs, Nelson Loh and Terence Loh, have put in a bid to buy English Premier League club Newcastle United. Together with another person, Evangeline Shen, who is also part of the bid, they are part of the Bellagraph Nova (BN) Group. In "advanced stage of negotiation" In a statement to CNA, BN Group said that they are in an "advanced stage of negotiation", after already providing a letter of intent and a proof of funds. BN Group also said that it has roped in former England captain and Newcastle player Alan Shearer, as well as former Newcastle forward Michael Chopra, to back the bid. It added, according to CNA: Who are they? According to its official website, BN group is an established multinational company that owns 31 entities across 100 countries and is worth US$12 billion (S$15.6 billion). Its business activities cut across various industries, including luxury, consumer lifestyle, financial services, and real estate. One of its most well-known subsidiaries, Bellagraph Jewelry, notably famed for holding the world record for highest ever online single sale transaction. The Lohs are cousins and former investment bankers at JP Morgan. They also co-founded Novena Global Lifecare Group in 2010. First Singaporeans to own an EPL club? If BN Group's bid goes through, the Lohs will be the first Singaporeans to own an EPL club. Peter Lim, who now owns Spanish team Valencia, came close in 2010 when he attempted to take over Liverpool. Founded in 1892, Newcastle is a strongly supported club that finished the 2019-2020 EPL season in 13th place. The club has won four first division/ League titles and six FA Cups. They are eighth in the all-time Premier League table and have the ninth-highest total of major honours won by an English club with 11 wins. Previous bid fell through Before BN Group expressed their interest, Newcastle was offered a £300 million (SS$538.2 million) bid funded by Saudi Arabia's Public Investment Fund (PIF). The bid was led by British financier Amanda Staveley, but PIF was set to take an 80 per cent stake. The bid fell through in June after being scrutinised under the Premier League's owners' and directors' test. The test is a set of rules to which owners and directors -- or potential owners and directors -- must adhere to. Some of the the disqualifying factors include criminal convictions, a ban by a sporting or professional body, or breaches of certain key football regulations. Problems with the takeover process stemmed from Saudi Arabia's questionable human rights record and accusations of TV piracy, although the country has denied it is behind the illegal broadcasting of EPL matches.

mickey goes tyneside.. http://www.football365.com/story/0,17033,8...6885851,00.html

know this thread going to be no interest threat but can anyone predict in which place r they in the end of season??

did u c that???? its amazing!!

Hmmmmm.......... Chinese billionaire Xu Rongmao is eyeing to buy Newcastle .... ESPN Reports :- Ashley: Newcastle are for sale Billionaire Mike Ashley has confirmed he wants to sell the Newcastle United just 16 months after staging a

According to Todays Paper, Singaporean is launching a takeover bid for Newcastle. Can Singaporean do it ? Or is it someone using Singapore name to takeover. I am really puzzled if anyone from Singapore have the ability to take over a premier club.. Peace Bro

Singapore group adds to pressure for Newcastle boss Allardyce tribalfootball.com - December 09, 2007 Sam Allardyce's future at Newcastle United remains in doubt with news of fresh takeover interest from a Singapore-based consortium. The Sunday Express says the mystery Singapore consortium is on the verge of launching a megabucks bid to buy out Newcastle's current owner Mike Ashley. And if the deal goes ahead, manager Allardyce will be facing another uncertain time under his third set of owners since arriving at St James' Park. Though Ashley insists he has no plans to sell the Premier League strugglers just six months after buying it for