Things seem to be hotting up a bit on the Newcastle United takeover with Amanda Staveley today said to be willing to invest £300M for Newcastle with an extra £150M for new players over the next two years.
The news that Turkish Billionaire Murat Ulker was interested in buying the club turned out to be untrue, and a spokesman for his company has said that today.
The latest news is that Russian tycoon Mikhail Prokhorov is said to be monitoring the situation at Newcastle.
The news is in the Shields Gazette as an exclusive and they are reporting that Prokhorov wants to invest in the English Premier League.
Prokhorov owns NBA basketball side the Brooklyn Nets, and he is said to be worth around $8.9B (£6.7B) – give or take a few hundred million either way.
It’s interesting to note that Chelsea owner Roman Abramovic is worth $9.8B.
Russian Billionaire Mikhail Prokhorov
Prokhorov is said to wants to sell the Brooklyn Nets and is interested in buying a Premier League club. Bloomberg
Bloomberg reports the Nets are worth anything from $700M to $1.3M and they were purchased for just $365M back in 2010 – but some estimates of the club’s current worth go as high as $2.8B.
With Newcastle officially coming up for sale this week it’s natural that the Russian entrepreneur wants to follow the events at Newcastle United.
And the willingness of owner Mike Ashley to defer payments for the club will only tend to attract more interest.
But as we mentioned yesterday there are going to be lots of reports about Billionaires and consortia interested in buying Newcastle, and in truth, most of the stories will be false.
We’d be OK with Amanda Staveley buying the club, and there’s news today she is willing to bid around £300M for the club.
Things seem to be picking up, and Mike Ashley would like to sell the club before the end of the year so the new owners can give Rafa some significant money to spend in the January transfer window.
We hope all of this is true.