an Asian businessman who is twice as rich as Chelsea's Roman Abramovich is behind a move to take over Newcastle United, it is reported.
Billionaire Anil Ambani, the world's sixth richest man, is involved in one of the two potential £260m bids to buy out Toon owner Mike Ashley, says the News of the World.

India's second richest man — who has a personal fortune of £21billion — has been in negotiations with Ashley for several weeks, and has made it perfectly clear he will rival Abramovich in the spending stakes.

A figure of around £150m for players has been discussed in Ambani's inner circle with the telecoms magnate happy to sanction such a sum.

Ambani's Reliance Communications (RCom) is the largest supplier of mobile phones on the sub-continent and one of India's most successful companies.

The News of the World says such a takeover would leave boss Kevin Keegan's future in doubt, with the feeling that a high-profile and experienced foreign manager is the key to progress.

WOW it's Sunday the News of the World needs to sell papers and Newcastle are for Sale again -

Might not be a bad thing if this Anal Ambarmy buys us.....an upgrade in billionaire, plenty of money for transfers.......Kingfisher and curry pies in Shearers Bar......and maybe with a bit of imagination we could go even further: Taj Mahal styling added to the ground, lepers begging outside, police on elephants on match day, some ritual burnings before the match to liven things up.

But the main thing is we shouldn't get carried away with cultural sterotyping