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SINGAPORE FIRM CLOSE TO BUYING NEWCASTLE UNITED

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The Singapore-registered company that says it is close to buying English soccer club Newcastle United admits it doctored photos of former US president Barack Obama in marketing materials used to publicise the newly formed group.

Bellagraph Nova Group (BN Group) also said some of the information in those materials was released prematurely or contained errors after Reuters found inconsistencies when speaking to firms and persons BN Group says it is involved with.

Speaking on behalf of BN Group’s principals, Nereides Antonio Giamundo de Bourbon, head of investor relations, acknowledged that the company had altered photos of Obama to make it look as though he had attended a meeting with its executives in Paris.

His admission came on Wednesday (Aug 19) in response to questions from Reuters.

BN Group has now removed the photos from its website.

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However, Bourbon denied that the company had deliberately made any false claims about certain aspects of its business.

The company, which says it had a turnover of US$12 billion (S$16 billion) last year and describes itself in marketing materials as the “world’s fastest growing conglomerate”, has said on its website and in press releases that it is headquartered in Paris.

No company called Bellagraph Nova Group is registered in France, according to official online records checked by Reuters on Friday. Reuters could not find any company by that name at the address it has given – 10 Place Vendome – when a reporter visited on Tuesday.

A receptionist at an office rental business operated by Regus in the building said BN Group had used its space but its staff were not always present. Bourbon maintained to Reuters that BN Group had a permanent office in Place Vendome.

In addition, the group, which was incorporated in Singapore last month, has said financial technology firm – Hydra X – is one of the entities in its global empire and that it is implementing a trading system for the Singapore Exchange.

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Hydra X has denied both those claims. The Singapore Exchange has also denied Hydra X is implementing a trading system.

‘PHOTOSHOP PICTURE’

BN Group’s website and press releases in recent weeks have featured photos of Obama with the firm’s owners, Singaporean businessmen Terence and Nelson Loh, and Evangeline Shen, a Chinese jewellery merchant and former Morgan Stanley banker.

While Shen and the Lohs had photos taken with Obama at a charity event they sponsored in Singapore on Dec 14, BN Group’s Bourbon said some of the photos published in press releases on its website and sent to media had been edited to make it look as though Obama was in a private meeting.

“We are serious people… the only ambiguous thing has been the photoshop picture,” he said. “There wasn’t any malicious aim behind it.”

Shen declined to be interviewed for this story. The Loh cousins did not respond to requests for comment.

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The charity event where the photos of Obama were taken was sponsored by Novena Global Lifecare, a Singapore healthcare company founded in 2010 by the Loh cousins.

The photographer who took the pictures confirmed to Reuters that they were taken at the gala event in Singapore.

Obama’s office and the Obama Foundation did not respond to requests for comment about the photos or the BN Group.

The company grabbed global headlines on Aug 15 when it announced it had submitted a takeover bid for one of England’s most high-profile soccer clubs, adding that it had enlisted the help of Newcastle legend and former England captain Alan Shearer as well as another former player, Michael Chopra, in its bid.

The surprise announcement adds to years of speculation over the future of Newcastle United, which has been the subject of several fruitless takeover bids, including a US$390 million Saudi-backed deal that collapsed last week.

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If BN Group’s bid is accepted, the English Premier League would then carry out its owners and directors test which involves looking into the backgrounds of the people involved to assess their suitability to own a soccer club.

Newcastle United declined to comment on the bid or BN Group. The club’s owner, Mike Ashley, did not respond to requests for comment.

Shearer’s management told Reuters he was not involved in the takeover bid. Chopra, who on Aug 14 retweeted a picture of himself at the offices of BN Group, did not respond to a request for comment.

HYDRA X

A firm called Bellagraph Nova – which lists the Lohs and Shen as its three directors and shareholders – was incorporated in Singapore on July 20 and is registered to an office above a row of shops in the city-state.

BN Group has said on its website and in marketing materials that it is a French company with an office in Paris at 10 Place Vendome, an exclusive square home to the Ritz Paris hotel and luxury stores such as Chanel and Louis Vuitton.

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Reuters found no record of any company registered in France called Bellagraph Nova Group on the online database of the Registries of the Commercial Courts, the French state agency that holds company information.

Singapore-based Hydra X is one of the entities BN Group has said in marketing materials sent to Reuters on Monday is part of its global conglomerate of 23,000 employees.

It said in those materials that Hydra X was “designing and implementing” a trading system for the Singapore Exchange.

When contacted for comment, Hydra X and the exchange denied this. Bourbon said there had been a mistake in translating the company’s description in its marketing documents.

Hydra X said BN Group was not a shareholder. It said in an emailed statement to Reuters that it was privately owned, predominantly by individual investors, and that it shared no legal or beneficial owners with the BN Group, nor was part of, or a subsidiary, of the BN Group.

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Hydra X said it had entered “into a joint venture with a related entity” of BN Group to build technology solutions unrelated to financial technology. It declined to name the entity.

Bourbon maintained to Reuters that Hydra X was owned by BN Group and was in the process of merging into the group. He said sharing further details would break non-disclosure agreements.

“Sometimes the marketing moves faster than the process,” he said.

NETX LISTING

BN Group’s official Instagram account also says one of its entities, a robotics company called NETX, is listed in Singapore and on New York’s Nasdaq exchange.

Reuters found no record of a company called NETX on those exchanges. Bourbon said they had announced the listings “prematurely” but they were under way.

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Without elaborating further, the Singapore exchange referred Reuters to a filing in which a company listed on its junior bourse, bought by the Loh’s investment company DORR Group last month, has proposed to change its name to NETX later in August.

Nasdaq did not respond to requests for comment.

BN Group’s modest Singapore office – on the top floor of a four-storey building above a pet shop and an Indian restaurant – is also the address of Novena Global Lifecare and other firms it owns such as a fine wine merchant and an investment manager.

When Reuters visited the office on Thursday, there was nobody at the reception desk. In the hallway stood a dormant, shoulder-height robot like the ones used in online marketing campaigns for NETX.

A woman, who came out of a glass-walled meeting room to speak to Reuters, said neither the Lohs nor Shen were present.

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Bourbon said the Singapore-registered Bellagraph Nova company at that address was the parent firm. “We started from Singapore but we are moving all our realty to Europe.”

-Reuters

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

Rashford ends goal drought in Man United’s 3-0 win over Southampton

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Premier League - Southampton v Manchester United - St Mary's Stadium, Southampton, Britain - September 14, 2024 Manchester United's Marcus Rashford shoots at goal REUTERS/Toby Melville 

New signing Matthijs de Ligt grabbed his first goal for Manchester United while Marcus Rashford scored for the first time since March in a 3-0 Premier

League victory at Southampton on Saturday after a shaky start to the season.

Alejandro Garnacho added a late goal for Erik ten Hag’s side who started the day 14th in the standings after back-to-back losses. They now have six points from four matches while newly promoted Southampton remain without a point.

Southampton dominated early on but squandered a chance to take the lead in the 34th minute after United goalkeeper Onana saved Cameron Archer’s poor penalty, sparking an immediate shift in momentum at St Mary’s Stadium.

A minute later, De Ligt headed in a sumptuous ball from Bruno Fernandes after Christian Eriksen’s short corner.

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“I think if you get three points from three games it’s not enough so there was some pressure, but I think today we played very well,” said De Ligt, a summer signing from Bayern Munich.

Rashford, who had gone 13 games without a goal, then ended his drought when he was left unmarked on the edge of the box to bend a diagonal shot in the far corner in the 41st.

Ten Hag had been criticised for starting Rashford but he has stuck by the much-maligned 26-year-old — who had not found the back of the net since United’s 2-0 win over Everton on March 9 — saying pre-game that Rashford needed only a goal or an assist and “then he will fly”.

“It’s very important,” the Dutchman said after the win. “It is so huge for him, for every striker, when the season starts you want to be on the scoring list. Now he has his first, I’m sure more will come.”

Archer’s penalty miss spoiled a stellar first league start for Southampton’s Tyler Dibling. The 18-year-old, who had scored for England’s Under-19 side in a loss to Germany four days earlier, drew the penalty when he dribbled at Diogo Dalot only to be taken down by the defender in the box.

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That was the turning point, as the hosts were almost immediately punished for the miss but goalkeeper Aaron Ramsdale tipped a low shot from Joshua Zirkzee just wide of the net.

“It was a turning point for us,” Onana said. “I’m happy for the guys, we had a great game, now we move on.”

What started as a solid afternoon for Southampton had a wretched ending as Russell Martin’s side failed to register a shot after the missed penalty and were reduced to 10 men in the 79th minute when defender Jack Stephens was sent off for a high tackle on Garnacho.

The Argentine forward smashed the ball in with almost the last kick of the game to seal the win for the visitors.

United finished with 20 shots to the home side’s six.

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-Reuters

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Depleted Arsenal head to Spurs hoping to keep pace with title rivals

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Arsenal v Brighton & Hove Albion - Emirates Stadium, London, Britain - August 31, 2024 Arsenal's Kai Havertz celebrates scoring their first goal with Gabriel Magalhaes Action Images via Reuters/Peter Cziborra/File Photo

Arsenal face a daunting set of fixtures starting with a trip to Tottenham Hotspur in the Premier League, with influential midfielders sidelined this weekend, but Mikel Arteta’s side can take heart from their recent record in north London derbies.

Having been held to a draw by Brighton & Hove Albion in their last outing, Arsenal are two points off the pace after champions Manchester City and Liverpool had perfect starts.

Letting points slip in the past two campaigns has punished Arsenal in the title race. With City and Liverpool playing on Saturday, Arsenal could potentially be staring at a five-point gap ahead of Sunday’s short trip to face their neighbours.

Arsenal will wear their away kit in the derby for the first time in 38 years due to a colour clash but two men who will not be wearing their black strip are skipper Martin Odegaard and midfield partner Declan Rice.

While Odegaard is out for several weeks nursing an ankle injury sustained in Norway’s Nations League victory against Austria in midweek, Rice is suspended following a controversial red card against Brighton for kicking the ball away.

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Form usually goes out of the window in north London derbies, which often produce spicy encounters, but Arsenal have had the upper hand in the last two seasons, winning three and drawing one of the last four league matches against Spurs.

The hosts also have injury worries with forwards Richarlison and Dominic Solanke plus defender Micky van de Ven missing their 2-1 loss at Newcastle United, though the latter two are expected to return.

FORCED ROTATION

With Arsenal’s midweek Champions League game at Atalanta and a trip to City the following weekend, Arteta will be forced to rotate his squad or even change his formation.

Since new signing Mikel Merino is also injured, he may have to play the versatile Kai Havertz in a deeper role. Brazil forward Gabriel Jesus has also been sidelined, while striker Eddie Nketiah moved to Crystal Palace on deadline day.

“He could play Leandro Trossard or even Raheem Sterling, but that’s a big ask for a winger to play up front at a new club,” Sky Sports pundit and former Arsenal forward Paul Merson said, adding the club should have signed another striker.

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“You might get away with it for two or three games playing a false nine, but you wouldn’t want to go seven, eight, nine games with one,” he added.

The weekend kicks off with 14th-placed Manchester United looking to put their early season troubles behind them as they travel to promoted Southampton, who are without a point so far.

Erik ten Hag is in his third season as United boss but a 3-0 humbling by Liverpool — whose manager Arne Slot was taking charge of just his third game — rang alarm bells among the Old Trafford faithful although the Dutchman has the club’s backing.

Leaders City host sixth-placed Brentford, while second-placed Liverpool, the only Premier League team yet to concede a goal this season, welcome Nottingham Forest.

Ipswich Town travel to third-placed Brighton seeking a first win following their return to the top flight, while bottom side Everton, with three straight losses, travel to Aston Villa.

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-Reuters

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Mikel Arteta agrees new Arsenal deal

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Arsenal manager Mikel Arteta has signed a new deal with the Premier League club, reportedly for three years. PHOTO: EPA-EFE

Arsenal manager Mikel Arteta has signed a new long-term contract at the Emirates Stadium, the Premier League title chasers announced on Sept 12.

The Gunners said in a statement that the 42-year-old Spaniard, who has reportedly agreed a three-year deal, “has been a key figure in re-establishing us as a force back at the top of English and European football”.

Arteta, who became Arsenal boss in late 2019, said he felt “extremely proud”.

“I feel extremely lucky to work every single day with good people and the ambition we have here,” he said.

“I feel very inspired, I feel challenged, I feel supported and I want to do much more than what we’ve already done together.”

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Arsenal co-chairman Josh Kroenke said he was delighted with the new deal.

“Mikel is a dynamic and passionate manager, who is relentless in the pursuit of excellence,” he said.

“He has a deep understanding of Arsenal’s values, and since joining us as head coach, he has taken the team to another level in an Arsenal way.”

Arteta, who had been working as an assistant coach under Pep Guardiola at Manchester City, replaced compatriot Unai Emery as Arsenal boss in December 2019.

He won the FA Cup in his first season in charge – his first silverware as a manager.

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Arsenal have finished as runners-up to City in the Premier League for the past two seasons.

Last term, they went agonisingly close to lifting the trophy for the first time since 2004 before being pipped by City on the last day of the season.

Arteta’s men, who face north London rivals Tottenham on Sept 15, are currently fourth in the table after two wins and a draw.

They begin their Champions League campaign next week against Atalanta.

‘Wonderful values’

Arteta, who played 150 times for Arsenal and captained the side, called for calm in August regarding his contract situation, insisting his focus had been on the transfer window.

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“We are on it and we will take care of that in the right moment,” said Arteta, who had previously been linked with Paris Saint-Germain and Barcelona.

“I don’t think anybody has to panic. I am in the place where I want to be and am really happy.

“Hopefully, the club thinks the same thing and the players I work with, who in my opinion are the most important ones.”

Arsenal strengthened in the summer transfer window, bringing in a clutch of players including Raheem Sterling, Mikel Merino and Riccardo Calafiori.

There are still questions over whether they have enough firepower to overhaul champions City after their failure to sign a striker to compete with inconsistent Germany forward Kai Havertz.

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But Arsenal sporting director Edu has no doubts about Arteta’s ability to keep the club on course for sustained success.

“It’s a very positive and proud moment for everyone at the club and an important part of what we’re all working towards,” Edu said.

“Mikel has shown his qualities since the very first day he joined us, not only as a football manager, but as a person with wonderful values.

“We have a strong belief in what we are doing and what we want to achieve together. Mikel’s new contract gives us stability and clear direction as we aim for new heights.”

AFP

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