Steve McMahon has denied claims in the press, that his company is interested in buying Newcastle United.
Steve McMahon – wants to make Newcastle Asia’s favorite club
As soon as Newcastle talk to any company, the gossip press picks it up, and immediately reports that the company is trying to buy out the club, whether they have any proof or not, and of course it’s just utter nonsense.
Newcastle will be talking to many different companies for investment and other purposes, and indeed in this case, McMahon’s company is working to publicize Newcastle United in the far East. Sounds good to us.
Steve was in the St Jamesâ€™ Park crowd on Wednesday, and is commercial director in charge of strategic sports investment at Profitable Group, the Singapore-based company.
That was the company most recently linked with a Newcastle takeover last weekend. However, McMahon pointed out that his company is only interested in promoting the black and whites in the Far East.
“We are hoping to be a strategic partner of Newcastle United in the Far East, and I can categorically say I am not involved in buying the club and will not become director of football. I would love to be.”
“It would make good sense because there is always something happening there, but I am not.”
“What we want to do is turn Newcastle into Asia’s favourite club and if we were going to target any club outside of the top four, it would be Newcastle because of the history, the fanbase and, like I said, there is always something happening.”
We like that comment if it’s any club outside the top four it would be Newcastle, and it looks like Steve is a fan of the club – but maybe he’s just after a job on Tyneside, where we do pay big money for our Directors. 😀
Their Operations Director John Nordmann also explained:
“We were finalizing our deal and expected it to be completed in the next day or two, but then the stories came out.”
“It is not a big deal it wouldn’t even buy you a full-back.”
This is the type of deal Newcastle need to make if they are to become a household name around the world, which we believe is what Ashley wants to do with the club.
If we are targeting Asia, it might also help the club to sign a top class Asian player.
What do you think – and who could that player be?