KUALA LUMPUR, July 8 — Reclusive media and telecoms tycoon T. Ananda Krishnan today denied any interest in buying Newcastle United, the English club that was relegated from the Premier League and is on sale for £100 million (RM576 million).
His privately-held Usaha Tegas Sdn Bhd said in a statement that the tycoon has denied stories that he is interested in the football club.
“There is in fact no truth or foundation to this story. Mr Ananda Krishnan has not expressed an interest in purchasing Newcastle United Football Club, has not sent any delegation to Newcastle to engage in such talks or authorised any representatives to negotiate on his behalf and is not considering any such purchase,” the statement said.
A few reports attributed to sources, including one carried by The Malaysian Insider, said Ananda Krishnan was one of many parties interested in the club and was keen to keep Alan Shearer as the manager.
The tycoon is one of Malaysia’s wealthiest men with interest in satellite television operator Astro, mobile phone operator Maxis, gaming firm Tanjung plc and other concerns across the world.
A lesser-known fact is that he was one of the people behind the staging of the Live Aid concerts in 1995, when he was based in the United States.
Ananda Krishnan started out in crude oil concessions and was previously an adviser to the Malaysian government as well as a board member in Bank Negara.
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