BN Group exposed after £280m bid as shocking report reveals series of outrageous lies
Last Monday new hope of a NUFC Takeover was ignited when the reports of BN Group putting in a bid to buy the Club and submitting certain important documents for consideration and in support of their claim.
They used ex-Magpie striker Michael Chopra as one of their frontmen, presumably to give them some credence! We all sat back and awaited a response from NUFC and Ashley. Well, actually we didn’t. A lot of us looked deeper in to the “offer” and immediately started casting doubts.
Linking Alan Shearer to the deal was smart or then again perhaps not as it was immediately denied by “sources” close to him. Was he part of the deal? Was he coming as Manager? Then there was the Ronaldo link. The alarm bells began to ring.
Linking Alan Shearer to the deal was smart or then again perhaps not as it was immediately denied by “sources” close to him. Was he part of the deal? Was he coming as Manager? Then there was the Ronaldo link. The alarm bells began to ring.
Here's some of the damning revelations that have emerged from Reuters piece:
“The Singapore-registered company that says it is close to buying English soccer club Newcastle United admits it doctored photos of former U.S. President Barack Obama in marketing materials used to publicize 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 in response to questions from Reuters. BN Group has now removed the photos from its website. 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 $12 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 has 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.
Hydra X has denied both those claims. The Singapore Exchange has also denied Hydra X is implementing a trading system.”
Add in the that Reuters were also told by Shearer’s management e was not involved in the takeover bid. Plus, Chopra, who on Aug. 14 retweeted a picture of himself at the offices of BN Group, did not respond to a request for a comment on the situation.
This despite him tweeting yesterday to NUFC stating he was still waiting for an answer to the BN bid. A bid that I and several others now believe has been blown out of the water. Remember too that they initially “allegedly” made a bid that was way below the asking price.
So, we rumble on and in all this the season comes around even faster and all we’ve got through the door is a third-choice keeper and a midfield back-up option albeit a better one than we had on loan. Never mind, at least Matty’s signed!
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