ArabianBusiness.com - Middle East Business News
Saturday, 21 November 2009 20:13 UAE time

YOUR DIRECTORY /

| Share |

Nigerians warn Newcastle they could go elsewhere

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 07 October 2008
CALLING THE TOON: Mike Ashley's sale of Newcastle has been a sorry saga. (Getty Images)

The Nigerian consortium bidding to buy Newcastle has warned the Premier League crisis-club that they are ready to look elsewhere if a deal isn't completed soon.

The African businessmen are believed to have tabled a 200 million pounds ($348 million) offer after Newcastle owner Mike Ashley signalled his intention to sell up.

But the group are unhappy with the response from Newcastle so far and Chris Nathaniel, of NVA Management, who is the consortium's front man, insisted they were ready to pull out if negotiations don't go smoothly.

"We're talking to a possible manager and key personnel for the club," Nathaniel told The Sun. "Once that is sorted, we'll fine-tune our offer.

Story continues below
advertisement

"We're prepared to look at other options if our bid for Newcastle is not successful. I've been approached by several top Premier League clubs offering us opportunities to buy their clubs.

"People are having a go because the businessmen have not made themselves known. But I can assure everyone they are astute, respectable and wealthy men."

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Newcastle United FC, UK

  2. Sport


Tell us your story

READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  3. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM