Thursday, April 25, 2024

After America, Russia and the UAE comes Nigeria.

We’ve had American money, Russian money and money from the United Arab Emirates. Now it seems that Nigeria could be the next country to throw big money at the Premier League. According to Sky Sports a consortium based in Nigeria is planning to buy Newcastle United from their beleaguered owner Mike Ashley.

Ashley is rumoured to be looking for a fee of more than £400 million and likely candidates Dubai International Capital have recently ruled out a bid.

A Nigerian company claims to have put together £350 million and to be actively seeking the extra money required.

Chris Nathaniel, Chief Executive Officer of the NVA Management, whose company are said to be handling the deal, told Kick Off Nigeria:

“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 £400million 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 £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.”

Is it me or is the world going mad?

(Source – Sky Sports)

ABOUT THE AUTHOR

Graham Fisher


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