mCrispy Sports Blog

Anil Ambani is likely to buy Newcastle United for £260 million. Ashley will have to think whether he wants to sell the club which he bought for £134.4 million last summer, before he cleared £80 million-worth of debts. Such positive action will enable Ambani to steal a march on St James’ Park’s other suitors, the Singapore-based global investment company Profitable Group. Both parties are apparently willing to provide Newcastle manager Kevin Keegan with £100 million in transfer funds.

But the deal still remains uncertain….