There appears to be at least 5 different buyers that are reported interested in buying Newcastle United, and we knew that negotiations with Dubai Investment Capital (DIC), had already started in earnest over the weekend.
- Dubai Investment Capital (DIC), the investment arm of the Dubai Government, has been in discussions with Liverpool about a possible takeover for almost 18 months now, but the deal has continually bogged down by the intransigence of American owners George Gillett and Tom Hicks.
But DIC seem determined to complete the purchase of a Premier League football club since their rivals Abu Dhabi United Group (ADUG) completed their takeover recently of Manchester City.
Tony Jimenez is reported to be over there right now in negotiations with this Group. Ashley is sadi to be willing to sell for around £270M, and it is hoped that a formal offer may be lodged within the next week.
- Reliance Communications is owned by Anil Ambani and they have also been interested, but presumably pulled out last week because of the turmoil at the club, but don’t be at all surprised if they come right back in, now that the club is formally up for sale,
Anil Ambani is the sixth-richest man in the world, and it is being reported that in fact Reliance are still extremely keen to purchase Newcastle United, and their reported pull-out was simply a ploy in the negotiating business that goes on at this level.
They are very clear that Kevin Keegan, reinstated as manager, will quickly calm things down at the club – almost instantaneously.
- Chinese businessman Xu Rongmao, as we reported is also spearheading another consortium currently looking at buying the club.
Rongmao, who is one of only ten confirmed Chinese billionaires, is the founder and chairman of Shimao Group, one of the largest property development groups based in Shanghai.
- Over the weekend, there were also suggestions that a North-Eastern consortium was looking to buy out Ashley with the help of supporters. However, while a number of wealthy North-Easterners have been sounded out about a potential takeover, any formal grouping remains at a very early stage of development.
But that is still a possibility, which will sit well with fans, as long as some investment in new players is available.
- And there are reports this morning that former Microsoft Chairman Bill Gates, of all people, may be interested in buying Newcastle United. Bill is one of the best Businessmen in the world, and certainly takes a global view, and perhaps he has himself started to watch the Premier League games on the TV over here, which are proving very popular.
We suppose Bill would buy the club out of his own personal fortune, since he left Microsoft recently and now concentrates on philanthropy and doing some great work in Africa and other places of need with his wife Melinda, with The Bill and Melinda Gates Foundation.
The thing we need at the club very quickly is stability, and that was seen to be sorely missing on Saturday against Hull City. Indeed there are reports that Shay Given lost it in the dressing room after the game, because the players themselves have been told nothing of what’s going on.
In the current state the club is in, it’s hard to see us winning many games until a new buyer is in with a new manager, which we all hope will be Kevin Keegan.
So once that can be completed that process, there will be some instant stability, but it must be done quickly, so this season isn’t yet another throwaway – we MUST get back into Europe for next season.