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Erick Thohir quizzed on interest in buying Newcastle United

3 years ago
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Erick Thohir has been asked about the situation at St James Park.

The Indonesian businessman quizzed on whether he is interested in buying Newcastle United after Mike Ashley released a statement on Monday, declaring the club was officially up for sale.

Erick Thohir is currently chairman and minority shareholder at Inter Milan.

Erick Thohir:

“Newcastle for sale? 

“In this moment I’m concentrating solely on Inter. 

“There is no such law in Europe that states I’m able to own two clubs in the same part of the world. 

“I’m also the President in another club, D.C. United out in the United States that is in Washington.”

Erick Thohir is founder and chairman of the Mahaka Group, a holding company which focuses on media and entertainment.

Whilst the wider Thohir family have a holding company, TNT Group, which has large investments in the Indonesian Energy, Foods, Property and Media Industry.

In 2011, Erick Thohir was one of the consortium that bought the USA basketball team, the Philadelphia 76ers.

Then in October 2013, he took his first steps in football club investment, when becoming majority shareholder of Inter Milan, a month later then confirmed as the club’s new chairman.

However, in June 2016 Thohir sold part of his stake in Inter Milan to Suning Holdings Group, controlled by Chinese billionaire Zhang Jindong. Erick Thohir though remained as the chairman, despite becoming the second largest shareholder.

Various parts of the Pozzo family own both Serie A club Udinese and Watford, plus they also owned Spanish club Granada until selling last year (2016).

So while Erick Thohir talks of not being able to own more than one club ‘in the same part of the world’, there are ways and means.

Who knows whether Thohir would be interested in Newcastle United but one thing is for sure, it just reminds us that Newcastle are a very much talked about club, and if Mike Ashley is serious about selling and puts NUFC up at a market price – the club will sell.

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