Nigerians confirm Newcastle bid

| September 29th, 2008

The Nigerian group wanting to buy Newcastle have confirmed it has made a bid and is waiting for a reply

The Nigerian consortium hoping to buy Newcastle United has told the BBC it has presented its bid to the club.

The group is one of several thought to be interested, but is the first to announce it has tabled an offer.

The man fronting the bid, UK-based businessman Chris Nathaniel, refused to confirm the size of the offer.

“We can’t at this stage, that’s confidential between ourselves and Newcastle, but a bid was put in on Friday evening,” he said.

“There’s been no timeline given by Newcastle but we hope it will be sometime soon.”

Previous reports suggested the Nigerian group had raised £350m and was looking to increase that figure.

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