Singapore group in talks to buy Newcastle United
NEWCASTLE United owner Mike Ashley is in talks with the Singapore-based company The Profitable Group over a possible sale.
The Chronicle can reveal that the far east strategic global investment group are currently preparing a package to bid for £100million-rated Newcastle with Toon tycoon Ashley officially putting the club up for sale yesterday.
The Profitable Group are understood to have a strong Geordie connection and have ex-Liverpool and England midfield battler Steve McMahon on board as Group Commercial Director.
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Just looked on the profitable singapore website and the Steve Mcmahon who's pic is in the chronicle isn't actually the bloke who works there!! Unless there is two of them. It is another fellas who used to play for evertons youth team! Worth having a look.