KFC boss to take over Toon?
Published Date:
10 October 2008
A MULTI-billionaire Arab businessman who brought KFC to Kuwait is the frontrunner to buy Newcastle United.
Nasser Al-Kharafi, 65, built his £8.13bn fortune with exclusive franchise deals across the Middle East for Kentucky Fried Chicken, Pizza Hut, Wimpy and TGI Fridays, as well as a huge construction empire.
Now the world's 48th richest man – who was linked with a bid for the club last month – may grab the ultimate takeaway from Tyneside, according to reports today.
A national newspaper said sources in the Middle East have confirmed Al-Kharafi's bid team has received the four-page 'teaser' document for buyers prepared by owner Mike Ashley and investment bank Seymour Pierce.
The source went on to tell the newspaper Al-Kharafi was interested when the club first became available, and was still interested.
They added: "He cannot comment on any deal because he has signed the confidentiality agreements which binds all interested parties. But he has the money to make it work."
The full article contains 170 words and appears in n/a newspaper.
-
Last Updated:
10 October 2008 12:41 PM
-
Source:
n/a
-
Location:
South Shields
