Happy Face 29 Posted July 4, 2009 Share Posted July 4, 2009 au contraire Mon Bon Visage Revealed: Man who wants Toon A RECLUSIVE Malaysian billionaire has jumped to the head of the queue to buy Newcastle. Media mogul Ananda Krishnan is closing in on a deal to end Mike Ashley's nightmare two-year Toon reign - and hopes to make an announcement early next week. The £95million deal for the club represents loose change to the 71-year-old, who is South East Asia's third-richest man worth £4.5billion. Other consortia remain in the running to buy the crisis club. But after making the first significant move in the drawn-out sale, Krishnan is the favourite to take control after meeting Ashley's drastically-reduced asking price - almost £40m less than the sportswear tycoon paid in 2007. The owner-in-waiting is believed to favour Alan Shearer to be the club's manager. Like Ashley, Krishnan has kept a low profile as he has built up a powerful business portfolio which includes major interests in oil, entertainment, telecoms and shipping. Over the years, he has donated millions of pounds to charities and a source said: "Mr Krishnan shuns public exposure and likes to keep a low profile for someone of his stature." Figures have yet to be confirmed but a significant kitty would be made available for Shearer to use in the transfer market. Wiki Warrior reporting. The "Source" is a direct quote I posted yesterday from wiki. Link to comment Share on other sites More sharing options...
TheMoog 0 Posted July 4, 2009 Share Posted July 4, 2009 How much did Ashley have (cash-wise) when he first bought us? Link to comment Share on other sites More sharing options...
The Mighty Hog 488 Posted July 4, 2009 Share Posted July 4, 2009 One point something billion, IIRC Link to comment Share on other sites More sharing options...
Asprilla 96 Posted July 4, 2009 Share Posted July 4, 2009 Think he was worth 1. Something billion but had very little actual readies ( as billionaires go). This Malaysian sounds the real deal and with none of the usual denials after 48 hours this story could be looking real. It's fair to say that I am getting excited as fuck that; Ashley could soon be gone it's not fat fred it's a mega rich billionaire and not a skint consortium please god I promise to give up something meaningful if you let this be true. ( not beer tho) Come on, you know that hope and this club don't mix. Link to comment Share on other sites More sharing options...
JawD 99 Posted July 4, 2009 Share Posted July 4, 2009 Was only a matter of time : KUALA LUMPUR, July 4 (Bernama) -- AirAsia chief executive officer Datuk Seri Tony Fernandes has denied that the low-cost airline (LCC) is keen on buying English football club, Newcastle United. Contacted by Bernama on the matter, Tony Fernandes said: "We are not either directly or indirectly part of the said Malaysian-led consortium intending to purchase Newcastle United. We deny any involvement whatsoever." A report published today in a Malay daily, Harian Metro, said AirAsia had confirmed that it was in discussions to become the biggest shareholder of Newcastle United. The daily had quoted an unnamed source within the airline as claiming Tony had an interest to buy a British soccer club. The British media Friday reported that a Malaysian consortium led by several well-known businessmen had put in a 80m (RM456 million) bid to take control of Newcastle or 'The Magpies' from its owner Mike Ashley but they were bound by non-disclosure agreements. -- BERNAMA http://www.bernama.com/bernama/v5/newssport.php?id=423010 Link to comment Share on other sites More sharing options...
JawD 99 Posted July 4, 2009 Share Posted July 4, 2009 Not saying the bid isnt factual, but I think this lot were meant to be part of a consortium. Link to comment Share on other sites More sharing options...
2bias 3 Posted July 4, 2009 Share Posted July 4, 2009 oh well Link to comment Share on other sites More sharing options...
acrossthepond 861 Posted July 4, 2009 Share Posted July 4, 2009 Doesn't say owt about this Krishnan bloke who's supposed to be the one interested though, or am I missing something? Link to comment Share on other sites More sharing options...
Park Life 71 Posted July 4, 2009 Share Posted July 4, 2009 (edited) Fwiw the Krishnan thing looks legit. We'll find out next week I reckon. Edited July 4, 2009 by Park Life Link to comment Share on other sites More sharing options...
Tom 14001 Posted July 4, 2009 Share Posted July 4, 2009 It's amazing how utterly shite clubs like QPR and Ipswich can even get takeovers yet we are struggling for the second time! Link to comment Share on other sites More sharing options...
Jimbo 172 Posted July 4, 2009 Share Posted July 4, 2009 It's amazing how utterly shite clubs like QPR and Ipswich can even get takeovers yet we are struggling for the second time! To be fair, Marcus Evans the owner of Ipswich was a life-long Ipswich fan, but I take your point. Link to comment Share on other sites More sharing options...
ewerk 29492 Posted July 4, 2009 Share Posted July 4, 2009 And QPR's takeover has hardly seen them kicking on. Link to comment Share on other sites More sharing options...
Tom 14001 Posted July 4, 2009 Share Posted July 4, 2009 That's not the point I was making. Link to comment Share on other sites More sharing options...
Jimbo 172 Posted July 4, 2009 Share Posted July 4, 2009 Rumour has it if the takeover is sucessful the new sponsor of Newcastle United will be: Northern Wok. Link to comment Share on other sites More sharing options...
JawD 99 Posted July 4, 2009 Share Posted July 4, 2009 Aye, thats would take us all by supplies Link to comment Share on other sites More sharing options...
ewerk 29492 Posted July 4, 2009 Share Posted July 4, 2009 That's not the point I was making. What is your point? QPR and Ipswich are much smaller clubs worth a lot less and with more strightforward accounts. Anyway, getting taken over isn't the issue, it's about being taken over by someone who can help the club progress. Link to comment Share on other sites More sharing options...
Tom 14001 Posted July 4, 2009 Share Posted July 4, 2009 At the moment Its about getting taken over by somebody that will at least do something. You can just halt a football club. For it to work it needs to be ran 24/7. Link to comment Share on other sites More sharing options...
Lazarus 0 Posted July 4, 2009 Share Posted July 4, 2009 Aye, thats would take us all by supplies Link to comment Share on other sites More sharing options...
Flair 0 Posted July 4, 2009 Share Posted July 4, 2009 Aye, thats would take us all by supplies Link to comment Share on other sites More sharing options...
meshman 0 Posted July 4, 2009 Share Posted July 4, 2009 would we need to sing the braydon laces ? Link to comment Share on other sites More sharing options...
Tom 14001 Posted July 4, 2009 Share Posted July 4, 2009 Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted July 4, 2009 Share Posted July 4, 2009 Aye, thats would take us all by supplies Link to comment Share on other sites More sharing options...
Noelie 103 Posted July 4, 2009 Share Posted July 4, 2009 would we need to sing the braydon laces ? Porribly, but certainly not Wok on, wok on wiv hope in yer 'eart. Link to comment Share on other sites More sharing options...
Nyff 0 Posted July 4, 2009 Share Posted July 4, 2009 (edited) Can save this badly made .gif for the hopefully unlikely event that Ashley does another U-Turn: Edited July 4, 2009 by Revolver Link to comment Share on other sites More sharing options...
snakehips 0 Posted July 5, 2009 Share Posted July 5, 2009 Can save this badly made .gif for the hopefully unlikely event that Ashley does another U-Turn: Link to comment Share on other sites More sharing options...
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