The Nigerian consortium hoping to buy Newcastle United has told the BBC that it has now officially presented its bid to the club, and it was placed late Friday evening.
The BBC is reporting that the man fronting the Nigerian bid, UK-based businessman Chris Nathaniel, has however refused to confirm the size of the bid.
When asked the size of the bid he told the BBC:
“We can’t at this stage, that’s confidential between ourselves and Newcastle, but a bid was put in on Friday evening,”
“There’s been no time-line given by Newcastle but we hope it will be sometime soon.”
Previous reports suggested the Nigerian group had raised £350M and was looking to even increase that figure. We were half expecting an announcement from them on Friday, so the fact they put in their bid on Friday evening is consistent with what they said previously.
So this consortium looks like it’s for real. Nathaniel told the BBC’s African sports program Fast Track that the Nigerian group would not get involved in a bidding war.
“What they don’t want to do is spend a load of money to buy the club and have no money to buy players and to work on what is a quite a troubled infrastructure,”
The actual identities of the people behind the deal remain a closely guarded secret, and Nathaniel said they wanted to remain anonymous until their bid is accepted. That’s not uncommon in bids like this.
We expect a few more bids to be launched for the club this week, and we don’t know if the bidders have to meet Ashley’s price to officially bid, and that price may well be £350M.
We think there may be a few surprises this week.
We don’t have anything against the Nigerian Consortium, as long as we don’t have all players from the Nigerian National side, but there again we don’t know who they are, or what their intentions are.
They do seem to want to bring back Keegan and give him some spending money, so that wouldn’t be bad. Perhaps that’s also how the news got out about Newcastle wanting Celtic’s Aiden McGeady – they may have already talked to Keegan about who he wants in January.
We hope Ashley isn’t greedy and sparks a bidding war, so the winners will have no money left to invest in players – that would be the last straw.
We don’t think Mike will do that.