Premier League
SINGAPOREAN BUSINESSMEN BID FOR NEWCASTLE
Ten years after Singaporean billionaire Peter Lim made an ambitious attempt to buy English Premier League (EPL) giants Liverpool, local entrepreneurs Terence Loh and Nelson Loh are now spearheading a bid to take over another English club, Newcastle United.
The cousins are co-founders of Bellagraph Nova (BN) Group – along with Evangeline Shen – which owns over 30 entities across 100 countries in major business fields, including finance, sports, healthcare, luxury goods, entertainment and robotics. The Paris-based firm is worth an estimated US$12 billion ($15.6 billion).
In a statement to the media, BN Group confirmed on Saturday (Aug 15) that its co-founders “are at an advanced stage of negotiation” for the takeover, having already provided a letter of intent and proof of funds last Monday.
It added that its co-founders are “willing to massively contribute to the development of the club through their solid and international structure and a combined business/sport devoting mindset”.
The BN Group has also engaged Newcastle legend and former England captain Alan Shearer and former Magpies forward Michael Chopra to back their bid.
Citing “confidentiality given the highly sensitive nature of the transaction”, a representative declined further comment when contacted by The Straits Times.
Previously investment bankers at JP Morgan, the Loh cousins are known to be keen sports fans, having sponsored local professional race driver Yuey Tan, the national muay thai team, and the St Michael’s Soccer Association.
If BN Group’s bid gets the green light, the Lohs will be the first Singaporeans to own an EPL club. Lim, who now owns Spanish La Liga side Valencia, saw his takeover attempt for Liverpool falling through in 2010, while Singaporean businessman Bill Ng had offered to buy Scottish Premier League side Rangers in 2012, but eventually withdrew his offer.
Founded in 1892, Newcastle are a strongly supported club that have won four first division/League titles and six FA Cups. The Magpies finished 13th in the 2019-2020 season.
BN Group’s interest provides Newcastle owner Mike Ashley with an alternative after a £300 million (S$538.2m) bid funded by Saudi Arabia’s Public Investment Fund fell through.
English Premier League chief executive Richard Masters said the proposed takeover collapsed after the group declined to take up the Premier League’s offer of independent arbitration to decide who would own the club.
Newcastle fan Terence Ong, 34, called the takeover bid by the Lohs “a potential breath of fresh air after 13 horrible years with Mike Ashley”, citing the owner’s concern about the bottom line and “lack of ambition”.
“Although finances matter, football cannot be run like a business and I hope the new owners realise that and engage the fans better, considering that successful teams always manage to get fans on their side,” said the Singaporean, who works as a marketing manager.
“The nationality of the prospective owners doesn’t really matter. As long as they can prove their credentials and show they have the best interest of the club at heart, it is something worth considering. Of course, if having Singaporean owners means the team will have more of a presence here, that is also good for the Newcastle fan base here.”
-The Straits Times
Liverpool will have to wait for a few more days to be crowned Premier League champions despite a 1-0 victory at Leicester City after Arsenal kept their slender hopes just about alive with a 4-0 romp at 10-man Ipswich Town on Sunday.
Trent Alexander-Arnold came off the bench to score Liverpool’s winner in the 76th minute at the King Power Stadium to restore their 13-point lead at the top with five games left.
While Liverpool can almost taste a record-equalling 20th English crown, Leicester’s defeat confirmed their relegation back to the Championship after just one season.
The Midlands club have now been relegated from England’s top flight a record 13 times.
Chelsea secured a massive win in their bid to qualify for the Champions League as they came from behind to beat Fulham 2-1 at Craven Cottage with Pedro Neto scoring in stoppage time.
The win pushed Chelsea above Nottingham Forest in to fifth place, the last spot for qualification to the Champions League, although Forest play at Tottenham Hotspur on Monday.
Chelsea have 57 points from 33 games, two behind third-placed Newcastle United and one behind Manchester City. Forest and Aston Villa are level with Chelsea on 57 points.
Wolverhampton Wanderers guaranteed their safety as they beat Manchester United 1-0 at Old Trafford. Pablo Sarabia’s stunning free kick wrapped up a fifth successive league win, the first time Wolves have achieved that in the top flight since 1970.
Liverpool were wasteful at Leicester with numerous chances going begging and Mohamed Salah suffering a frustrating afternoon including hitting both posts with an early shot.
Salah hit the woodwork again moments before the ball came out to Alexander-Arnold who fired a left-footed shot through the crowd to give his side the points — ripping off his shirt and celebrating wildly with the travelling fans.
“We just keep going, mentally we’re really strong,” manager Arne Slot, whose side could be crowned champions if Arsenal lose at home to Crystal Palace on Wednesday, told Sky Sports.
“They enjoy playing football and it helps when you are playing for something special. Today (Alexander-Arnold) knows when it matters most he can just bring a bit more which is something all the top, top players have.”
DISTANT SECOND
If Arsenal avoid defeat by Palace, Slot’s side will seal the title if they beat Tottenham Hotspur at home next Sunday.
“We will focus on Tottenham and looking forward again to a home game and I think the stadium will be full,” Slot, who can become the first Dutch manager to win the English title, said. “It’s a nice game to look forward to.”
Liverpool have 79 points with Arsenal a distant second on 66. Arsenal may have their eyes now on a Champions League semi-final against Paris St Germain, but they showed against Ipswich they will not hand over the title to Liverpool.
Leandro Trossard opened the scoring early on and Gabriel Martinelli made it 2-0 after a delightful flick by Mikel Merino.
Ipswich were reduced to 10 men before halftime as Leif Davis crudely raked his studs down the back of Bukayo Saka’s calf and the second half was academic.
Trossard grabbed his second in the 69th minute and Ethan Nwaneri added a late fourth to leave Ipswich stuck in 18th place on 21 points. They will be relegated if they drop points again or 17th-placed West Ham United pick up one more point from their remaining five games.
Chelsea were heading for a damaging defeat at neighbours Fulham as the hosts led with Alex Iwobi’s 20th-minute goal.
Substitute Tyrique George equalised with an instinctive shot in the 83rd minute, his first Premier League goal, before winger Neto swivelled and unleashed a thunderous strike in stoppage time to send the away fans wild.
Manchester United reached the Europa League semi-final with an astonishing comeback win against French club Olympique Lyonnais on Thursday but their Premier League woes returned against Wolves.
They are in 14th place and have now lost eight Premier League home games this season, their most defeats at Old Trafford in a league campaign since 1962-63.
“Wolves scored in the only opportunity they had. we had many chances, and we didn’t score. If you don’t score goals, you are not going to win games,” manager Ruben Amorim said.
-Reuters
Egyptian outlet, Ahram, has reported that Mohamed Salah has signed a new contract with Liverpool, extending his stay at Anfield beyond the 2024-25 season as he prepares for what could be the final chapter of a storied career with the club.
While the terms of the agreement were not disclosed, British media reports indicate the 32-year-old forward has signed a two-year extension, keeping him at the club until at least 2027.
Salah, who joined Liverpool from AS Roma in 2017, has become a modern-day icon at Anfield.
The Egyptian international has scored 243 goals in 394 appearances—third on the club’s all-time scorers list—and has helped the Reds secure seven major trophies, including the Premier League and Champions League titles.
“I had my best years here,” Salah told the club’s website. “Hopefully it’s going to be 10. I signed because I believe we can still win big trophies together.”
He has maintained his prolific form this season, scoring 32 goals and providing 22 assists in 45 appearances across all competitions. His 27 Premier League goals currently lead the division.
During his time with Liverpool, Salah has won the Premier League Golden Boot three times, been named the PFA Players’ Player of the Year twice, and claimed two FWA Footballer of the Year awards.
Now entering the latter stages of his career, Salah remains focused on adding more silverware to his collection and further cementing his legacy at Liverpool.
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Leicester City’s Jeremy Monga, who became the second-youngest Premier League player when he made his senior debut in Monday’s 3-0 loss to Newcastle United, had to wear a blank shirt because it is sponsored by an online cryptocurrency gaming platform.
Britain’s Gambling Act 2005, which underwent a review in 2020, prohibits players under 18 from wearing kits displaying gambling sponsors. Monga, an England U16 international, made his senior debut at 15 years 271 days old.
Arsenal’s Ethan Nwaneri remains the youngest Premier League player in history, having debuted in the competition when he was 90 days younger than Monga.
Leicester, who suffered an eighth straight loss in the league without scoring a goal, are 19th in the standings, 15 points below the safety zone.
-Reuters
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