All we really know about the Newcastle sale is that two American consortiums are in at the end, so the speculation continues on who it could be.
Today there are reports that the billionaire owner of The LA Galaxy of the MLS, Philip Anschutz, is said to be preparing a takeover bid for the Newcastle United Football Club.
Philip Anschutz – Denver-based billionaire new Newcastle owner?
According to reports, Philip Anschutz, who is worth around $8.0B (£5.1B) is tipped to take over at Newcastle United from Mike Ashley.
And as we reported yesterday, Dallas businessman Clark Hunt, who owns Major League Soccer side FC Dallas and NFL team Kansas City Chiefs, is also said to be interested.
Philip Anschutz is ranked by Forbes as the 31st richest person in the USA. He owns land, and is also in the Petroleum and Rail businesses, and he lives in Denver, Colorado.
Philip now runs wide-ranging empires in telecommunications, sports and entertainment. His biggest holding is the theater chain Regal Cinemas, and he also owns LA’s Staples Center, and has stakes in professional basketball’s LA Lakers, and NHL hockey’s LA Kings.
He promotes family-values through his various motion picture projects and his latest hit is “The Chronicles of Narnia,” which racked up more than $650M at the box office.
He started as an oil wildcatter, like his father before him, and moved into the railroad business in the early 1980s and made billions by laying fiber-optic cable along his Southern Pacific Railroad track.
He also purchased Qwest Communications and according to one biography, his original $55M investment in Qwest turned into a $4.9B profit when the company went public in 1997.
Philip Anschutz hasn’t given an interview in more than 30 years, so who does that remind you of, when Newcastle were bought out 18 months ago?