- West Africa
- United Kingdom
Newcastle football club to go to Nigerian group
A Nigerian based group is preparing to table the asking price of 400 Million Pounds to take over Newcastle United, according to reports emanating from Abuja Nigeria.
Troubled Newcastle owner Mike Ashley earlier this month announced he was looking to sell the club and he had been reported to be in the Middle-East in search of investors. With Dubai International Capital recently ruling themselves out of the bid, reports claim that offers are being made from Nigeria.
It is reported that the alleged Nigerian business group is set to reappoint Kevin Keegan as manager once the transaction is completed.
According to Chris Nathaniel, the Chief Executive Officer of the NVA Management, ‘Right now I am happy to tell you that well meaning Nigerians have responded and the consortium of Nigerian entrepreneurs has so far contributed £350million 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 £400million. So what that means is that we need to raise another £50million or £100million 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.’
Football loving Nigerians have offered to throw their support and custom to Newcastle United if it is bought over by the alleged Nigerian group. Nigerians who are heavy supporters of Man United, Chelsea, Arsenal and Liverpool have promised to rally behind Newcastle United like it was a Nigerian Club at the EPL.