Premier League - Billionaire denies Newcastle bid

Eurosport - Mon, 08 Sep 14:14:00 2008

Billionaire businessman Anil Ambani has denied that he has launched a takeover bid for Newcastle United.

FOOTBALL Newcastle fans protest - 0

Ambani, estimated to be the sixth richest person in the world, has long been linked with a bid for the troubled Tyneside club.

The Indian, apparently a Newcastle fan, was reportedly ready to make his move after the club plunged into further turmoil under Mike Ashley's reign following Kevin Keegan's decision to quit the club last week.

However, Ambani's official spokesman has denied that talks are ongoing with Ashley about purchasing the club.

"We have denied this earlier and we have no plans to take over Newcastle United or any other English club," head of Corporate Communications for Ambani's parent group Reliance, Gaurav Wahi, told the Journal.

"All these media reports are inaccurate.

"Our position is that nothing has changed and we have been wondering why these stories keep surfacing in England.

"We have not expressed interest in Newcastle. There is nothing in the latest stories. It's a non-starter."

A source close to DIC - the investment arm of the Dubai Government who tried to buy Liverpool - has also told the Journal that they have no interest in Newcastle.

TeamTalk / Eurosport

Comment 8 - 27 of 27

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  1. i can tell you the story about the new billionaire is­ false. i am that billionaire and after i have purchased­ the club i am going to reinstate k.k with shearer as­ dir of football. then he is going to get £500 million­ to spend. hows that for a happy ending.

    From leslie, on Tue 9 Sep 3:36PM
  2. john m u talkng a load of bull again shut the fudge up­ we all know it wont happen now it takes time u plank

    From footy mad, on Tue 9 Sep 6:33AM
  3. A lot of anger and hatred toweards Ashley. Rightfully­ so maybe. The point is he's spent the money to get­ rid of Fat Fred whom we disliked then and seem to have­ forgotten now. Don't get me wrong. Do I wish­ he'd sell and leave? Yes. Can he save himself­ still, maybe. the fault is not with hima s a person,­ but with the structure he has put in place. I don't­ think people fault him as a person/owner and if they do­ they shouldn't. Yes man City splurged adn bought­ Robinho, Ashley should spend in a manner that he can­ (a) afford and (b) believes is prudent for the business­ that is NUFC, sustainability being the key word. So I­ don't fault him for not buying berbatov, robinho or­ any other player that we as fans wish for. What i do­ fault him is for putting in a strucutre or should say­ people that are not sustainable and for the benefit of­ the club. Okay so you have a director of football, fine­ then he should sit below the manager of the club or at­ the least as an equal to the manager, who should have­ the final say on the 1st team and reserves. The­ Director should aim to buy or bring in talent that the­ manager can work with and wants to work with. The­ Director may have more say on the youth squad and the­ resources of the club such as training ground,­ facilities etc the shceduling, whom we play in off­ season etc. Re Denis Wise, he fails the first test of­ suitability. An unproven manager and definetely an­ overated player. If Mike Ashley wants to prove his­ faith to the loyals, then he should hire capable staff­ and not mates.

    From Dicehk, on Tue 9 Sep 4:10AM
  4. Keegan left us to our fate. If you (Geordie) where in­ his shoes, would you quit the club??

    From tazmn, on Mon 8 Sep 7:14PM
  5. Its a shame that the people of newcastle were and­ continue to be blinded by silly ,arrogant little man­ like kevin keegan . At best an enthusiatic also ran ,­ he really didn,t ever manage , throughout his­ footblling life he has been a tryer , but also a proven­ quitter when things don,t go his way really , come on­ ,this was so on the cards that it would turn out like­ this ! That said , this whole affair is a lesson to us­ not only in footballing terms , but in any terms you­ care to think about that we only have ourselves to­ blame for thethings we complain about!! . we are a­ nation of lemmings who WILL turn up on saturday at st­ james Park , who continue to buy petrol , who continue­ to pay for satelite tv , who perpetuate all the evils­ in life by our willingness to go along with things ,­ when all the time the power is in the hands of us all­ to boycott all the things we disagree with , But we­ don,t , we are so so weak willed it hurts , How­ amazingly GREAT it would be to see empty terraces on­ saturday !! just HOW LONG could the club , or any club­ who upset its supporters , go without drastic adction­ to make the paying public come back . We should all be­ ashamed of ourselves for encouraging greedy undeserving­ business men to reap their ill gotten rewards , and­ those paying to be at st james Park on saturday who had­ anything untoward to say about Ashley or Wise SHAME­ ON YOU ! You are weak willed lemmings!!

    From I, on Mon 8 Sep 7:10PM
  6. Comment hidden due to its low rating. Show

    Who give a fick...there are other clubs with less £$£$­ in the premier with worse problems than the stoopid­ geordies!

    From pokerpembo, on Mon 8 Sep 6:58PM
  7. everyone don't go to watch game against hull city­ this saturday.may be that fat @#$% will realize the­ suffering of NUFC fans.

    From The Magpies, on Mon 8 Sep 5:42PM
  8. I dont really care who takes over the club as long as­ that fat p***k ashley is gone.He doesnt have a clue­ what we want at this club.As for wise he should pack­ his bags.Because of these 2 shitheads the most­ respected man up here has walked and that is just not­ good enough.While this club is in this state i wouldn­ recommend anyone to take the manager job.Youd be gone­ within 6 months anyway.What a @#$% mess!!!!

    From markr, on Mon 8 Sep 5:21PM
  9. whats the betting these so called true fans who are­ going to boycott the game against hull on Saturday are­ talking out their backside the Fans have to take some­ of the back l;ash too there expect success like today­ and not two or three years down the line I feel for the­ fan's coming from the North east myself I know what­ football means be honest who in the right mind is going­ to take on the job and these Newcastle fans expecting­ keegan back forget Toon army the man was a joke who­ conned you all into thinking he was the Messiah more­ like the as been so please give the next manager a fair­ crack of the whip and be patient and then you will get­ the your just rewards and good luck for the rest of the­ season Northern Lad

    From john m, on Mon 8 Sep 4:07PM
  10. If you want to vote with your feet and send Ashley a­ message and dont wish to go to the next home game­ against Hull City .... Come to watch Newcastle­ Benfield from the Northen leage at home in the FA Cup­ to Bridlington Town on Sat 12th 3.00 ko

    From david, on Mon 8 Sep 3:26PM
  11. I have the solution !
    I Will buy the club, I think i­ can...
    I have in my account $1,024
    So maby i can buy­ NUFC...
    :-))))

    You #@$@ Indi rich man, You Said you­ are a magpie fan, its your turn to prove it.
    God is­ watching you at this moment, You must buy Newcastle­ United and make us feel good with ASHLEY going home.
    HA­ !

    From eladb, on Mon 8 Sep 3:10PM
  12. As a football fan who has no bias towards any club i­ would just like to say how dismated i am with English­ football.West Ham and Newcastle are two great­ traditional English clubs who have been run by people­ that cant manage a team.I'm afraid our national­ game is being ruined by investors with no interest for­ the club or its fans.Those who knock West Ham and the­ Toon beware what lies around the corner its pulling our­ national game to pieces.

    From Mitsy, on Mon 8 Sep 3:06PM
  13. if i wasn't in nepal then i would have sliced that­ fat @#$% ashley.

    From The Magpies, on Mon 8 Sep 2:24PM
  14. Comment hidden due to its low rating. Show

    keegans a quitter!!!! always has been always will be!

    From John, on Mon 8 Sep 2:22PM
  15. I cant believe this.

    Football is now dead.

    It was­ dying for a while.

    The big four will be a new big­ four, but still a big four.

    FIFA need to implement a­ salary cap. This is the only way that the premier­ league will be more even. It needs to be done by FIFA­ though, because footballers (or their agents) will go­ to the biggest wage, be it in England, Spain or Italy,­ so it needs to be a world wide rule.
    I certainly dont­ want to watch Premier League clubs dominating the semi­ finals of the Champions League, year in year out,­ because that would simply be boring, just as the­ premier league is now.

    From jonathanr, on Mon 8 Sep 2:13PM
  16. Chris O, you may have a valid point. All we hear are­ the allegations and accusations being thrown left and­ right, and the disputes between the manager and the­ board. The fans are angry, and rightfully so, but what­ we will never know are the dealings and financial­ numbers that are not the privy of fans and football­ managers. If Ashley spent millions for the club then­ he has every right to see that he gets his desired­ returns. Football is a sport but it is also a business­ and you make investment decision based on returns,­ risks, etc, and not on passion and love for club alone.

    From j, on Mon 8 Sep 2:08PM
  17. Comment hidden due to its low rating. Show

    I am an NUFC fan and i think keegan was a quiter and­ ashley was doing what is best for the club. Signed F.T­ Marsden

    From Chris O, on Mon 8 Sep 1:30PM
  18. Ashley will not sell because no one is interested. He­ would have to sell it cheap and loose money and he­ won't do that. I believe he will make some­ acrobatic moves to make Toon fans believe he actually­ cares and then he will do what he wanted to do in a­ more subtle way.

    From Half A Brain, on Mon 8 Sep 1:30PM
  19. Comment hidden due to its low rating. Show

    I hope newcastle get relegated and end up on the scrap­ heap

    From brislen001, on Mon 8 Sep 1:30PM
  20. It's bad news when you see great clubs like­ Newcastle struggling, being a Man City fan we know what­ it's like but you never know what's around the­ corner, reports are saying that a multi-billionaire­ (similar to City) maybe interested in a take-over at ­ Newcastle although this has been totally denied, hmmmm,­ we'll see on that one, hope he does take over and­ then Newcastle can throw a spanner in the works just­ like City have, the days of the "Big Four"­ seem to be coming to an end (thankfully).

    Just like to­ add Newcastle have a great set of fans and love their­ football it was a great shame KK left because­ truthfully speaking Manchester City would not be in­ this position only for him, he did a fanatstic job for­ us, we owe him big time, hope he gets another managers­ job because the game needs people like KK, even if City­ (at the time) and Newcastle owners think otherwise,­ he's a top bloke.

    From JOHN, on Mon 8 Sep 1:28PM
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