Date: 22nd September 2008 at 10:14am
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Having raised enough money to offer Mike Ashley £300m for the club via Viagra ads and other such ‘stuff’, a consortium of Nigerian / African investors have been mooted as potential new owners of the club. With Ashley holding out for £350m, a new wave of phishing emails looks set to be unleashed to raise the remaining £50m capital.

On he other hand it looks as if the frankly ridiculous £481m asking price has been deflated significantly, with Ashley`s insistence that he covers his HBOS spread betting losses with profit off the club punctured by financial reality. Whether this brings into play any of the Gulf investors remains to be seen following Ashley`s downright insulting behaviour over there.