Nigerian Businessmen Prepare Offer to Buy Newcastle United

No Comments » September 26th, 2008 posted by // Categories: Favorite Articles

The Nigerian businessmen interested in taking over at Newcastle say they are finalising their bid to buy the club.

The consortium is reported to have a £350m takeover fund to buy the Magpies from owner Mike Ashley, but they may need another £100m to secure the deal.

"We're at the stage where we are doing the security checks on the individuals who have the money," said London-based businessman Chris Nathaniel.

He also said they would be keen to welcome back former boss Kevin Keegan.

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