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
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.
"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."
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST SPORT
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST SPORT
LATEST MIDDLE EAST BUSINESS NEWS
- Financial Markets: Saudi index down, banks and petchems weigh
- Real Estate: Merger technical talks to conclude in a month - Emaar
- Banking & Finance: Dubai's Abraaj eyes property investments
- Banking & Finance: Emirates NBD launches bank’s new brand identity
- Transportation: Abu Dhabi Int’l Airport records 7% growth in Oct
SHARE PRICE CHECK
RELATED STORIES
Newcastle United FC, UK
- Calls for action as Mido targeted again
1 Dec '08 | News - Kinnear takes over at Newcastle
27 Sep '08 | News




