Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Global Economics

Is Reliance's Anil Ambani After Newcastle United?

A British tabloid reports India's second-richest man is willing to outspend any rivals for the team

Anil Ambani may soon be wearing the black and white Newcastle United jersey. Reliance Communications is in talks to take over the Premier League club from UK billionnaire Mike Ashley for an estimated £260 million ($514 million ), a British newspaper report said.

But Mr Ambani is facing competition from Singapore-based global investment company Profitable Group, which has former England footballer Steve McMahon as a director , News of the World reported on Sunday.

"Both Reliance and Profitable are ready to pay £260 million to own the Magpies outright and are determined to spend more than £100 million on transfers to bolster the team, managed by Kevin Keegan," it said.

Mr Ashley

blog comments powered by Disqus