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Anil Ambani is planning to buy EPL club New Castle

 

Indian Business Tycoon Anil Ambani is planning to buy English Premier Club New Castle United. British weekly newspaper News of the World said Ambani, the sixth richest man in the world, is already in negotiations with club owner Mike Ashley for a reported 260 million pounds (US $ 510 million) takeover. But it’s not an easy task as he is facing stiff competition from Singapore-based global investment company Profitable Group, which includes former England star Steve McMahon, as a director
 
New Castle United was at 12th position in the 2007-08 EPL
 
Standings
Team
P
W
D
L
Pts
38
27
6
5
87
38
25
10
3
85
38
24
11
3
83
38
21
13
4
76
38
19
8
11
65
38
16
12
10
60
38
15
13
10
58
38
16
9
13
57
38
15
10
13
55
38
13
10
15
49
38
11
13
14
46
38
11
10
17
43
38
10
12
16
42
38
10
10
18
40
38
11
6
21
39
38
9
10
19
37
17. Fulham
38
8
12
18
36
18. Reading
38
10
6
22
36
19. Birmingham City
38
8
11
19
35
20. Derby
38
1
8
29
11
 
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