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Another Slap In The Face For My Brothers "nigerians" Or Should I Say Africans?

http://www.journallive.co.uk/north-east-news/todays-news/2008/09/29/i-feel-sad-for-ashley-and-united-61634-21919088/

I feel sad for Mike Ashley and Newcastle United FootBall Club

FORMER Newcastle chairman Sir John Hall yesterday said he felt sorry for owner Mike Ashley. The man who sold his shares to Mr Ashley also said he fears the possibility of big-money foreign investors who buy football clubs as "toys".

His comments came as a South African consortium was reported to have emerged as rivals to the Nigerian group looking to take over at St James’s Park.

And Sunday newspapers named Nigerian media billionaire Mike Adenuga as the man behind the bid fronted by football agent Chris Nathaniel.

He said: “When I met Mike Ashley and his advisers they had the best intentions for the club.

“He wanted to stay there and develop it so I feel sad for him and sad for the club.

“When he bought the shares I had lots of talks with him and his team. He was coming in to build for the long run and he is a football fan.

“Newcastle was a brand to him and he wanted to use it to market his business abroad – he had a long- term vision. He’s a good businessman but a novice in the game, as I was when I first came into the game.” Reflecting on the possibility of Newcastle joining the ranks of foreign-owned clubs, he added: “Roman Abramovich changed the game for ever. There’s nobody in Britain wealthy enough who’d be interested in investing. Even Mike Ashley was struggling and £200m is a lot of money.

“No way can the rest of the clubs compete. The debate at Newcastle will be – should they try to compete with the super-rich?

“It’s affecting the game. Can anyone compete? I think they are fools if they try.

“The Premier League clubs are being bought as toys, they’ll have them for a few years then throw them away, that’s my view.

“These people don’t know the passion of the fans. The Premier League is a tremendous brand but I fear for the game and for the fans.”

Interim manager Joe Kinnear suggested on Friday that Newcastle legend Alan Shearer would be brought into the club by the new owners, to work alongside Kevin Keegan.

But the former England captain told Match of the Day on Saturday: “There is no truth in that whatsoever. I don’t know where that has come from at all.”

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16 answers

views of the people

http://news.bbc.co.uk/2/shared/spl/hi/pop_ups/08/africa_nigerian_newcastle_bid/html/1.stm

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there is nothing wrong with an african willing to buy over a premieship club, afterall its a bussiness venture.

one which can either go well or badly. knowing nigerian for who they are,

our bussiness men have proven to be very astute at thier dealings.

lets wait and see if this will pull through,

and if it does, i can stake my bet that the club wud do better under nigerian management.

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http://www.businessdayonline.com/national/16890.html

Adenuga, Globacom chairman, linked to £350m deal to buy Newcastle United

One of Nigeria’s wealthiest entrepreneurs, Mike Adenuga Jnr, together with three others, is said to be among a group of Nigerians lining up a bid for English Premiership club, Newcastle United, reports ITN.

Mike Adenuga Jnr, who is the chairman of Globacom with 100 percent ownership of one of the country’s telecommunications company, also controls high stakes in Equatorial Trust Bank, Conoil, with interest also in real estate. Globacom serves 18-million subscribers, making it Nigeria’s largest operator after MTN, within West African sub-region.

"Mike is a businessman and loves soccer. He is already sponsoring the Nigerian league and it’s not unusual for him to have an interest in a team like Newcastle," said a source from London, report ITNewsAfrica.com

Chris Nathaniel, of NVA Management, who is fronting for the group of businessmen, said that a bid has been submitted last Friday and that they are awaiting response from the club.

Prior to this development however, there were media reports that the group whose members remain a closely guarded secret - have come up with 350 million pounds so far but want to find an additional 100 million pounds to secure the deal.

Apparently also reacting to misgivings about the authenticity of the deal, Nathaniel talked up the seriousness of the people behind it. "It’s a serious offer, they’re very serious business people and passionate football fans,’’ he said.

Owning a Premier League club could bring large-scale marketing opportunities both in Africa, where English sides have a huge fan base and globally, and the belief is that Adenuga is looking to tap into that opportunity.

With the bid already in, the consortium wants to be sure they can put in place the management they want before they will consider raising their bid, as it is understood Newcastle owner Mike Ashley is holding out for higher offers.

"Newcastle want more money but the Nigerians are researching possible management structures and not offering more until they know they can get the management they want," a source close to the negotiation said.

Ashley put Newcastle up for sale last month, having fallen foul of the fans after manager Kevin Keegan, hugely popular on Tyneside, resigned saying he did not have full control over the buying and selling of players.

Nathaniel, the London-based businessman coordinating the Nigerian offer, said last week that the Nigerian group could ask Keegan to return as manager if their bid succeeded.

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@texazzpete:

I'll not go through the push and pull with you anymore; I absolutely just don't have the time, my tolerance of insensibility is very limited. . 

It is apparent to me and also very sad that you can not handle a simple discussion without insulting your entire قَرْيَه.

As we all know, you're the man; hence, I am so sorry for detecting the sound of the music from a distance; I'm sure that with time it would all become clearer to all of us why this such statement by John Hall was made at this time.

Once again, you have just won the debate. I hope it gives you all the joy and pleasure you've been craving for so long.

_______________________________________________________________________________________________

Sometimes, it takes a single step to positively ignite the whole continent.

For me, I think it would be  the greatest accomplishment if an African gets the opportunity to own one of the most valuable and historical soccer teams in Europe.

It would be a priceless gift for the present and the future.

I still feel comfortable to state that it is absolutely foolish to categorize all foreign investors into the same bucket (just because of few bad outcomes); it isn't right and it shouldn't be acceptable.

African continent may not be that fancy at the moment, but Africans (especially Nigerians) are still amongst the greatest entrepreneurs around the world today.

And I hope John Hall recognizes this fact.

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@BigB1

I know it's painful for you to reason, but at least make an effort! What does the part in the quote above have to do with Africans or Nigerians?

John Hall is clearly referring to the negative side of foreign ownership of Premier League clubs. It's painfully obvious in the original article.

Sir John Hall was a former chairman of Newcastle United. That's why he chose to speak up in this case. In fact, it's very likely that the press sought him out for his comments simply because his former club is the one up for sale.

Again, this is clearly spelt out in the article. It shouldn't take an Einstein to make the connection.

I used to have a far higher opinion of your intelligence, man. If you really need to attack me, at least do it in an intelligent manner.

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Nigerians are quick to flare up whenever you notice their shortcomings.

The owners of the football club should be afraid of selling it to Africans and nigerians especially, cos;

1. before one year, the club is already mismanaged and quickly dies out.

2. The owners do not know the real person behind the bid. That sounds like fraud to me.

This is sad but true.

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could that be because he is not the owner or the paper didn't hear his opinion which is actually widely shared by many football fans

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http://www.guardian.co.uk/football/feedarticle/7837217

Nigerian consortium bids for Newcastle UnitedReuters

LAGOS, Sept 29 (Reuters) - A consortium of Nigerian tycoons has launched a bid to buy ailing Premier League football club Newcastle United, the businessman heading the bid said on Monday.

Chris Nathaniel, who runs London-based football and entertainment consultancy NVA Management, told Reuters the consortium had presented its bid to the club late on Friday, but declined to give any further details.

Nathaniel said in an interview with Reuters last week that the Nigerian group could ask fans' hero Kevin Keegan to return as manager if their bid succeeded.

Newcastle United owner Mike Ashley put the team up for sale two weeks ago, having fallen foul of the fans after Keegan resigned saying he did not have full control over the buying and selling of players.

Nigerian media reports said last week that the consortium, whose members remain a closely guarded secret, had come up with 350 million pounds ($645 million) but wanted to find an additional 100-150 million to secure the deal. Nathaniel declined to comment on the size of the bid.

Ashley completed his 134 million pound takeover of Newcastle in July, 2007, but his relationship with the fans has deteriorated rapidly since Keegan's sudden exit on Sept. 4, just eight months after returning for a second spell as manager.

"Kevin's a legend on Tyneside and I think anybody looking to buy that football club would not be very smart if they didn't have Kevin involved in some capacity, that's if Kevin wants to come back," Nathaniel told Reuters last week.

He said he had not yet contacted Keegan about returning.

Nathaniel, one of whose parents is Nigerian, said the idea of a Nigerian bid for an English club came during a trip to the soccer-mad West African country this year with Manchester United defender Rio Ferdinand, one of NVA Management's clients.

He hopes the deal could create opportunities for young talent in Africa's most populous nation by using one of the local teams as a feeder club for Newcastle. (Editing by John Mehaffey)

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Abeg leave d man alone. Nothind do you. If he's racist then so be it. He's statements don't do anything or take anything away from Africa so forget about the statement being racist or not.

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@texazzpete:

1st, have you taken your medication?

OK.

What exactly do you know about this new development before wasting my time?

FYI: So far only two groups (one from Nigeria and the other one from South Africa) are seriously intending to purchase this football team.

So, who do you think this man (John Hall) is referring to? The Australians or the Italians?

I do not care about who bought the Liverpool, or Manchester City. It is simply foolish for one to categorize all foreign investors into the same bucket, just because of couple of bad outcomes.

It is also amusing to me that this man (John Hall) did not come out to make the same statement when Liverpool or Manchester city football team was up for sale (I guess, Africans were not the dominating investors during this sale). But all of a sudden, his beloved team (Newcastle United) is about to be owned by "AFRICANS" and here comes the old man preaching wisdom.

Give me a freaking break!

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I presume you all are sober?

now, i would like someone here to point out just where Africans specifically were targeted by this man's statement. Because, it's plain that this statement

refers to the foreign owners buying premier league clubs. that includes Abramovich, the Glazer family, the guys at Liverpool, the Dubai consortium that bought Manchester City etc. Not the Nigerians or ASouth Africans.

His point is valid, actually, considering the case of Man City and how the Thai prime minister became a liability to the club until he finally sold it off.

Why are you guys so paranoid? It's embarrassing, really.

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Absolutely,  a big slap In The Face For all Africans.

@Mpele:

It is sad to witness the content of your subaltern state of mind.

You need to go and double check the owners of all the European football teams and if you have more time, also check all the investors of all USA sport teams (NFL, NBA, NHL, MLB and MLS). I can assure you that it wouldn't take you too long to realize that all these investors are from different countries.

There is no such thing as discrimination when it comes to investors investing their money. These folks are allowed to invest their money as they desire. In-fact, many countries crave for investors to cross over to invest their money. Even in Nigeria today, we have Chinese, British, Indians, Americans, French and many more doing the same thing.

The guy (FORMER Newcastle chairman Sir John Hall) needs to come out and immediately apologize for making such a despicable statement.

How could you (John Hall) judge African's businessmen that low?

If Newcastle United FootBall Club means so much to him, why not buy the team back?

Looking at his ridiculous statement, I see:

A frail racist who has no respect for Africa or Africans.

Again @Mpele:

You need to start looking at things a little bit more broadly. Just because African countries are not blessed with dedicated or great leaders doesn't mean things will remain this way forever. You need to look deeper into the future. Once you condone the cheap sale of Africa today, it might be very difficult to buy it back tomorrow.

We must embrace Africa and Africans at all time, because nobody else will do it for us. And trust me, these folks (white) are not better.

What is currently going on in United States today should be a case study for those of us who are so quick to step on African leaders and disable Africans all together.

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Good. Maybe this is a blessing in disguise. Hopefully this group will then realize where the money should go, and decide to help develop Naija, and make that money come back into their pockets 10-fold. £400,000,000 could do a lot, if invested appropriately.

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I believe if anyone businessman/investor wishes to invest/buy the sun then he/she should go ahead. It's the person's business to determine whether or not its profitable.

Developing soccer in african nations is a different issue. I believe this is more of a business proposition. If it is profitable to invest in Enyimba then businesses will go after enyimba. Leave them alone. I don't believe the so-called consortium harnessed their wealth by making dumb decisions (which may include stolen money). If they buy newcastle and it crashes, thats their cup of bournvita,

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This is sadly true. Why would Nigerians and South Africans buy Newcastle United. What must happen is that the Nigerian consortium must buy Enyimba FC and invest in it or sponsor the League. The same goes for the South African businessman, they must plough their money into the development of football in South Africa.

The Newcastle guy is right, the bloody scoundrels don't even know anything about Newcastle United, they saw it on television playing. In South Africa we don't allow foreigners to own clubs here. The English should do the same.

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they may be trying to launder money into a legitimate venture or just want to brag on a wider scale.

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