According to BBC, the Bellagraph Nova insists it is pushing ahead with its bid to buy Newcastle United, with the group co-founder Evangeline Shen claiming her team is in regular contact with the St. James’ Park outfit.
Saudi Arabia’s Public Investment Fund withdrew their £300 million bid to buy the Magpies in August after the Premier League’s Owners’ and Directors’ Test frustrated them, and the Bellagraph Nova group stepped in with a £280 million offer.
However, there have been plenty of doubts over the group’s credibility after it emerged that it photo-shopped a picture of its three founders meeting with former US President Barack Obama.