An entrepreneur and car designer is said to be considering mounting a bid to buy the Newcastle United Football Club.
Afzal Kahn, who is the CEO of Project Kahn Ltd in Bradford, Yorkshire, is said to believe the famous Tyneside club has almost unlimited potential with their huge and loyal fan base, and wants to turn Newcastle United into an international brand.
Now where have we heard that before?
Afzal Kahn – CEO of Project Kahn Ltd
Kahn’s business manager, Michael Woodhouse, was asked about the reports and told Goal.com:
“One particular club that fills the stadium week in week out with loyal fans is of interest to us and if things go according to plan and the club accept our bid, the fans may indeed have their messiah back.”
The messiah above could be Kevin Keegan – although a number of Newcastle fans may have soured a little on Kevin, because he walked out on the club, is suing the club for £8M, and after he left in early September, Newcastle lost 5 games on the trot before Joe Kinnear came in to steady the ship a little.
Kahn made his fortune designing bespoke vehicles including the new Cosworth. Project Kahn’s Range Rover Sport, Bentley, Aston Martin and many other vehicles, set the standard that other organizations follow.
Premier League stars including: Peter Crouch, Michael Ball, Sam Allardyce, Dickson Etuhu, Mark Viduka and most players of the Chelsea squad have cars and alloy wheels which were designed at Project Kahn.
Even Arnold Schwarzenegger – the Governor of California – has ordered a car from project Kahn.
We have no idea if this report is true, although if the statement by Michael Woodhouse is accurate, they may be interested, but we’d be surprised if they could get the money together , probably around £250M, to make the deal.
Credit is so tight right now, that we’d be surprised if they can make a deal, even if they wanted to.
And reports suggest Kahn, 39, is worth a mere £40M, so not sure how they can get the money together to buy the club.
But you never know what’s going to happen next at Newcastle, so we live in hope.
Comments very welcome.