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So who's going to buy the club?

Dave

by Dave
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Guest geordienorway

Guest geordienorway

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A SPORT and music company claims to be heading a Nigerian Toon takeover consortium.

 

Chris Nathaniel, chief executive officer of London-based NVA Management, says he has the backing of a number of African entrepreneurs.

 

Mr Nathaniel claims the group already has £350m behind it, and that it hopes to secure a further £50 to 100m to push through a deal to buy out Mike Ashley.

 

It comes as United confirmed they have appointed a leading investment bank to attract potential bidders and handle the sale of the club.

 

A statement said: “The board of Newcastle United can today confirm it has appointed the London-based investment bank Seymour Pierce to act on the potential sale of the club.

 

“All matters relating to the sale of the club, including enquiries from interested parties, should go through Seymour Pierce. The club will be making no further comment at this time.”

 

Seymour Pierce is headed by Keith Harris, a director of Wembley National Stadium Limited, who has already advised a string of Premier League clubs.

 

He was involved in the sale of Chelsea to Roman Abramovich and also advised in the takeovers of Aston Villa by Randy Lerner and Manchester City by Thaksin Shinawatra.

 

The Chronicle was told Mr Harris was busy in meetings when it contacted Seymour Pierce today. He is now likely to be approached by NVA Management, which is handling the takeover bid from the group of unnamed Nigerian investors.

 

NVA represents stars of sport, film, TV and music, and lists Rio Ferdinand among its clients, having dreamed up the idea for the defender’s World Cup Wind-Ups show.

 

It also claims to have advised former Toon boss Sam Allardyce and ex-Magpies and striker Andy Cole.

 

Founder Chris Nathaniel said: “All along I have been working hard to get wealthy and football-loving Nigerian entrepreneurs to buy the club since Mike Ashley indicated his willingness to sell the club to the person, people or entrepreneurs who can meet the £400m selling price of the club.

 

“Right now I am happy to tell you that well-meaning Nigerians have responded, and the consortium of Nigerian entrepreneurs has so far contributed £350m to buy the club.

 

“Ashley has stood his ground that he won’t sell the club until the money is raised to the asking price of £400m. So what that means is that we need to raise another £50m or £100m to shut the door behind the other top Arab companies who are also interested in the club.

 

“The Arab companies have also indicated interest and made offers – but they haven’t met the asking price too.”

 

Ashley put the Toon up for sale after the home defeat to Hull City and straight away jetted out to the Gulf to try and find a buyer.

 

He was reportedly asking for £480m – more than double what he paid for the club when he bought out Sir John Hall and the Shepherd family.

 

But the Arab businessmen he targeted were thought to be only prepared to pay £200m, meaning talks collapsed.

 

Rio Ferdinand’s World Cup Wind-ups show saw the defender play pranks on stars including David Beckham and Wayne Rooney.

 

NVA Management also act for a number of up-coming R’n’B stars and claim to have set up a football foundation with Nigerian star Kanu.

 

Nile Ranger is now trying to get Ashley to sell so he could have something to fall back on if his footbal-career doesn't work out.

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brummie

brummie

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Did anyone see the  new statment  from the City Chairman?

 

Said  that Mark Hughes is the one who'll be making the signings and he calls all the shots, they'll just finance whatever he wants

 

:(

 

Who signed Robinho ?

 

Exactly, so Mark Hughes said to the new blokes, on the last day of the window: "Get me Robinho. And Berbatov. And Torres. Fuck it, let's bd for all those goal bothering motherfuckers!"

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Guest Heneage

Guest Heneage

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Id love it if Hughes stayed basic in his wishes.

 

"Ok boys can I have a £7m bid for Brett Emerton".

 

"Who zee Fack is brett Emerton?"

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Teasy

Teasy

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Did anyone see the  new statment  from the City Chairman?

 

Said  that Mark Hughes is the one who'll be making the signings and he calls all the shots, they'll just finance whatever he wants

 

:(

 

Didn't exactly say they've finance whatever he wants did they?  They were pretty conservative when talking about the future, focusing on academy and being a sustainable club with reasonable success over the next 10 years.  I'm sure they'll spend money, and it all looks very promising for Man City so far.  But they do seem to be playing down all the talk of buying up all the best players for instant success with a money's no object policy that was claimed before they took over.

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relámpago blanco

relámpago blanco

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I really didnt expect this to happen in a night, but its soon gone three weeks, and there is only a nigerian consormption who has unvieled their interest!

Yeah, it'll take a while, at least we know/think someones (The Nigerians) have bid so thats something to go on.  I can actually see this happening quite wuickly, it's not too dissimilar from the Man City sale although the media didn't really catch onto what was happening there until it was done.  Shinawatra obviously desperately needed to sell and he did.  Only difference I can see is Ashley will want more money than it's worth whereas Thaksin probably took less.

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KaKa

KaKa

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I really didnt expect this to happen in a night, but its soon gone three weeks, and there is only a nigerian consormption who has unvieled their interest!

 

Think the word your looking for is consumption.

 

"A Nigerian consumption ... " is what you're after.

 

:thup:

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KaKa

KaKa

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Speculation in banking circles suggests there is fresh interest in Newcastle from China and the United States. (The Independent)

 

Mark Cuban (Dallas Mavericks)

 

I'll have him here over any other American owner atm

 

He would be awesome.

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Flip

Flip

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You kidding me, if it was him than i would be over the moon, but i seriously doubt it! He's to stuck watching every Dallas Mavericks game and yelling at the ref from courtside! But i'd love him here, would take him over anyother owner, except Bill Gates, cause imagine getting us sponsored by Windows!

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KaKa

KaKa

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Mark Cuban is a legend. Except doesn't he get into a lot of bother court side in America? Banned and fined for being outspoken?

 

Yeah, but that's what is kind of great about him. He's very aware of everything and constantly questions why certain things are done the way they are by the NBA. He's great.

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ikri

ikri

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Speculation in banking circles suggests there is fresh interest in Newcastle from China and the United States. (The Independent)

 

Mark Cuban (Dallas Mavericks)

 

According to his Wiki page he's recently made a $1.3 billion bid for the Chicago Cubs & whilst he's a billionaire he's not any richer than Mike Ashley so it'd be interesting to see how much he'd be willing to invest in the club other than the initial purchase.

 

He does own his own TV station though, but since the Premier League does collective bargaining on TV rights I'd doubt that he'd be able to get the exclusive rights for Newcastle games even for the US market.

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