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SINGAPOREAN BUSINESSMEN BID FOR NEWCASTLE

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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.

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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.

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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

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Kunle Solaja is the author of landmark books on sports and journalism as well as being a multiple award-winning journalist and editor of long standing. He is easily Nigeria’s foremost soccer diarist and Africa's most capped FIFA World Cup journalist, having attended all FIFA World Cup finals from Italia ’90 to Qatar 2022. He was honoured at the Qatar 2022 World Cup by FIFA and AIPS.

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Premier League

Liverpool stay top of Premier League as Arsenal, Man City win

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Liverpool's Cody Gakpo, centre left, Ryan Gravenberch, centre, and Diogo Jota celebrate after the English Premier League soccer match between Crystal Palace and Liverpool at Selhurst Park in London, Saturday, Oct. 5, 2024. AP

Liverpool beat Crystal Palace 1-0 to remain top of the Premier League as Arsenal and Manchester City came from behind to win on Saturday.

City were 3-2 victors over Fulham to stay one point behind Liverpool, alongside Arsenal who saw off Southampton 3-1.

Arne Slot has now won nine of his first 10 games since succeeding Jurgen Klopp as Liverpool manager, but was frustrated that the visitors invited a late onslaught from the winless Eagles.

Jota prodded the Reds into the lead from Cody Gakpo’s cross on nine minutes.

The Portuguese international was then guilty of missing two big chances to extend Liverpool’s advantage.

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Palace failed to make them pay, but victory came at a cost for Slot as goalkeeper Alisson Becker limped off with a hamstring injury.

“If you score the second you break them mentally,” said Slot. “All the fans kept believing in a result because it was only 1-0, even though in my opinion we were the dominant team.”

Fresh from a dominant win over Paris Saint-Germain in the Champions League, Arsenal were expected to sweep aside winless Southampton.

But the Saints shocked the Emirates 10 minutes into the second half when Cameron Archer fired in his first Premier League goal since a summer move from Aston Villa.

The lead only lasted three minutes before Kai Havertz scored for the seventh consecutive home game.

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Gabriel Martinelli was introduced after an hour and took just eight minutes to make his mark with a finish on the volley from Bukayo Saka’s cross.

Having set up Arsenal’s first two goals, Saka pounced on a loose ball to score the third himself.

Fulham’s outrageous opener
 

Rodri’s season-long absence due to a serious knee injury is expected to be a major blow to City’s chances of retaining the title for a fifth consecutive season.

But it was the Spaniard’s deputy Mateo Kovacic who scored twice to turn the game around for the champions at the Etihad.

The visitors had not lost since the opening night of the season at Manchester United and led thanks to Andreas Pereira’s finish from an outrageous backheel assist by Raul Jimenez.

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Kovacic’s deflected effort quickly brought City level before a cleaner strike less than two minutes into the second half made it 2-1.

Jeremy Doku then smashed into the top corner from outside the box to give City a two-goal cushion, which they needed.

Rodrigo Muniz gave Fulham hope on 88 minutes, but City held out for a 17th consecutive win against the Cottagers.

West Ham eased the pressure on new boss Julen Lopetegui by ending a run of three home defeats to start the new season.

Michail Antonio, Mohammed Kudus, Jarrod Bowen and Lucas Paqueta struck for the Hammers in a 4-1 win over Ipswich, who are still waiting for their first Premier League win 22 years.

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There were six goals before half-time as Brentford beat Wolves 5-3 to leave the visitors still rooted to the foot of the table.

Leicester secured their first league win of the season as Facundo Buonanotte’s strike beat Bournemouth 1-0.

Manchester United manager Erik ten Hag faces a huge match if he is to remain in charge when the Red Devils visit Aston Villa in the pick of Sunday’s action.

-AFP

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Premier League rejects City request to delay next season’s games after Club World Cup

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 Premier League - Newcastle United v Manchester City - St James' Park, Newcastle, Britain - September 28, 2024 Manchester City manager Pep Guardiola reacts REUTERS/Scott Heppell/File photo

The Premier League has rejected Manchester City’s request to postpone the first two games of the 2025-26 season to help the players recover after their FIFA Club World Cup campaign in the U.S., the club’s manager Pep Guardiola said on Friday.

City and Chelsea are the two English clubs who have qualified for the expanded month-long Club World Cup set to start on June 15. The Premier League’s season will begin in August.

An increasingly packed soccer calendar has been a concern among a growing number of players and managers. A report by global players’ union FIFPRO said some players get only 12% of the year to rest.

The Premier League did not immediately respond to a request for comment outside regular business hours.

City midfielder Rodri said in September that players could be close to strike action over the time they are required to play. A knee ligament injury has since put him out for the season.

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“I don’t know if we will play more games than the treble year (2022-23)… maybe we’ll play less games,” Guardiola told reporters.

“The Premier League has not allowed us to postpone the first two games for our recovery. Thank you so much. They don’t postpone these games so that will be the moment of, oh, what do we have to do?”

He said the Club World Cup will make it even more difficult for clubs to manage player workload.

-Reuters

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Ten Hag’s Man United future not my call, Ratcliffe says

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FA Cup - Final - Manchester City v Manchester United - Wembley Stadium, London, Britain - May 25, 2024 Manchester United co owner Jim Ratcliffe is pictured in the stands before the match Action Images via Reuters/Andrew Couldridge/File Photo

Manchester United co-owner Jim Ratcliffe said a decision about under-fire manager Erik ten Hag is not his call, and was reticent about whether he still has faith in the team’s boss amid their worst start to the Premier League season since 1986-87.

“I don’t want to answer that question,” Ratcliffe told the BBC. “I like Erik. I think he’s a very good coach but at the end of the day it’s not my call, it’s the management team that’s running Manchester United that have to decide how we best run the team in many different respects.

“That team that’s running Manchester United has only been together since June or July. They weren’t there in January, February, March or April — Omar (Berrada, CEO), (Sporting Director) Dan Ashworth — they only arrived in July.

“They’ve only been there . . . you can count it in weeks almost — they’ve not been there a long time so they need to take stock and make some sensible decisions.”

Ten Hag’s job was the subject of speculation for much of last season en route to the team’s lowest Premier League finish of eighth. After an FA Cup final victory over Manchester City and an end-of-season review, however, Ten Hag signed a new contract to extend his stay at Old Trafford until 2026.

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“Our objective is very clear, we want to take Manchester United back to where it should be, and it’s not there yet, obviously, that’s very clear,” Ratcliffe said.

Ten Hag continues to plead for patience from fans with the team languishing 13th in the Premier League table, having lost three of their six opening games. They were headed towards defeat by Porto in the Europa League on Thursday before Harry Maguire scored a last-gasp goal to salvage a 3-3 draw.

-Reuters

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