Premier League
SINGAPORE FIRM CLOSE TO BUYING NEWCASTLE UNITED
The Singapore-registered company that says it is close to buying English soccer club Newcastle United admits it doctored photos of former US president Barack Obama in marketing materials used to publicise the newly formed group.
Bellagraph Nova Group (BN Group) also said some of the information in those materials was released prematurely or contained errors after Reuters found inconsistencies when speaking to firms and persons BN Group says it is involved with.
Speaking on behalf of BN Group’s principals, Nereides Antonio Giamundo de Bourbon, head of investor relations, acknowledged that the company had altered photos of Obama to make it look as though he had attended a meeting with its executives in Paris.
His admission came on Wednesday (Aug 19) in response to questions from Reuters.
BN Group has now removed the photos from its website.
However, Bourbon denied that the company had deliberately made any false claims about certain aspects of its business.
The company, which says it had a turnover of US$12 billion (S$16 billion) last year and describes itself in marketing materials as the “world’s fastest growing conglomerate”, has said on its website and in press releases that it is headquartered in Paris.
No company called Bellagraph Nova Group is registered in France, according to official online records checked by Reuters on Friday. Reuters could not find any company by that name at the address it has given – 10 Place Vendome – when a reporter visited on Tuesday.
A receptionist at an office rental business operated by Regus in the building said BN Group had used its space but its staff were not always present. Bourbon maintained to Reuters that BN Group had a permanent office in Place Vendome.
In addition, the group, which was incorporated in Singapore last month, has said financial technology firm – Hydra X – is one of the entities in its global empire and that it is implementing a trading system for the Singapore Exchange.
Hydra X has denied both those claims. The Singapore Exchange has also denied Hydra X is implementing a trading system.
‘PHOTOSHOP PICTURE’
BN Group’s website and press releases in recent weeks have featured photos of Obama with the firm’s owners, Singaporean businessmen Terence and Nelson Loh, and Evangeline Shen, a Chinese jewellery merchant and former Morgan Stanley banker.
While Shen and the Lohs had photos taken with Obama at a charity event they sponsored in Singapore on Dec 14, BN Group’s Bourbon said some of the photos published in press releases on its website and sent to media had been edited to make it look as though Obama was in a private meeting.
“We are serious people… the only ambiguous thing has been the photoshop picture,” he said. “There wasn’t any malicious aim behind it.”
Shen declined to be interviewed for this story. The Loh cousins did not respond to requests for comment.
The charity event where the photos of Obama were taken was sponsored by Novena Global Lifecare, a Singapore healthcare company founded in 2010 by the Loh cousins.
The photographer who took the pictures confirmed to Reuters that they were taken at the gala event in Singapore.
Obama’s office and the Obama Foundation did not respond to requests for comment about the photos or the BN Group.
The company grabbed global headlines on Aug 15 when it announced it had submitted a takeover bid for one of England’s most high-profile soccer clubs, adding that it had enlisted the help of Newcastle legend and former England captain Alan Shearer as well as another former player, Michael Chopra, in its bid.
The surprise announcement adds to years of speculation over the future of Newcastle United, which has been the subject of several fruitless takeover bids, including a US$390 million Saudi-backed deal that collapsed last week.
If BN Group’s bid is accepted, the English Premier League would then carry out its owners and directors test which involves looking into the backgrounds of the people involved to assess their suitability to own a soccer club.
Newcastle United declined to comment on the bid or BN Group. The club’s owner, Mike Ashley, did not respond to requests for comment.
Shearer’s management told Reuters he was not involved in the takeover bid. Chopra, who on Aug 14 retweeted a picture of himself at the offices of BN Group, did not respond to a request for comment.
HYDRA X
A firm called Bellagraph Nova – which lists the Lohs and Shen as its three directors and shareholders – was incorporated in Singapore on July 20 and is registered to an office above a row of shops in the city-state.
BN Group has said on its website and in marketing materials that it is a French company with an office in Paris at 10 Place Vendome, an exclusive square home to the Ritz Paris hotel and luxury stores such as Chanel and Louis Vuitton.
Reuters found no record of any company registered in France called Bellagraph Nova Group on the online database of the Registries of the Commercial Courts, the French state agency that holds company information.
Singapore-based Hydra X is one of the entities BN Group has said in marketing materials sent to Reuters on Monday is part of its global conglomerate of 23,000 employees.
It said in those materials that Hydra X was “designing and implementing” a trading system for the Singapore Exchange.
When contacted for comment, Hydra X and the exchange denied this. Bourbon said there had been a mistake in translating the company’s description in its marketing documents.
Hydra X said BN Group was not a shareholder. It said in an emailed statement to Reuters that it was privately owned, predominantly by individual investors, and that it shared no legal or beneficial owners with the BN Group, nor was part of, or a subsidiary, of the BN Group.
Hydra X said it had entered “into a joint venture with a related entity” of BN Group to build technology solutions unrelated to financial technology. It declined to name the entity.
Bourbon maintained to Reuters that Hydra X was owned by BN Group and was in the process of merging into the group. He said sharing further details would break non-disclosure agreements.
“Sometimes the marketing moves faster than the process,” he said.
NETX LISTING
BN Group’s official Instagram account also says one of its entities, a robotics company called NETX, is listed in Singapore and on New York’s Nasdaq exchange.
Reuters found no record of a company called NETX on those exchanges. Bourbon said they had announced the listings “prematurely” but they were under way.
Without elaborating further, the Singapore exchange referred Reuters to a filing in which a company listed on its junior bourse, bought by the Loh’s investment company DORR Group last month, has proposed to change its name to NETX later in August.
Nasdaq did not respond to requests for comment.
BN Group’s modest Singapore office – on the top floor of a four-storey building above a pet shop and an Indian restaurant – is also the address of Novena Global Lifecare and other firms it owns such as a fine wine merchant and an investment manager.
When Reuters visited the office on Thursday, there was nobody at the reception desk. In the hallway stood a dormant, shoulder-height robot like the ones used in online marketing campaigns for NETX.
A woman, who came out of a glass-walled meeting room to speak to Reuters, said neither the Lohs nor Shen were present.
Bourbon said the Singapore-registered Bellagraph Nova company at that address was the parent firm. “We started from Singapore but we are moving all our realty to Europe.”
-Reuters
Bruno Fernandes has revealed he rejected a lucrative move to Saudi Arabia in favour of pursuing his Manchester United dreams.
United captain Fernandes is set to make his 300th appearance for the club in an Oct 25 Premier League match against Brighton at Old Trafford.
United have struggled for much of Fernandes’ time in Manchester and last season they finished 15th – which ranked as the club’s worst final top-flight position since 1973-74.
They also lost the Europa League final against fellow strugglers Tottenham to shatter their hopes of qualifying for the Champions League.
Fernandes was offered an escape route during the close-season when Saudi Pro League side Al-Hilal reportedly expressed interest.
But he spurned the move to focus on unfinished business with the 20-time English champions, who last won the title in 2013.
“We always say we have an offer from Saudi because obviously wherever I have to go, they have to come. They can choose not, but I’d prefer them to come,” he said, in reference to wife Ana and his family.
“And obviously the first thing she said was ‘have you achieved everything you wanted to achieve at the club?’ Because she knows that I haven’t.”
Fernandes has sometimes been criticised for an overly emotional attitude on the pitch, with team-mates subjected to frustrated tirades.
But United boss Ruben Amorim accepts the Portugal midfielder’s fiery personality is part of his burning desire to win the Premier League and Champions League.
“The manager spoke with me,” Fernandes said.
“He said I was still part of the project. He wanted me to stay. The club said the same.
“I always said that if the club was like ‘Bruno, we want to cash in, we want to make some money, we don’t think you can be part of the future project’ or whatever, I would be like ‘OK, I have to find a solution for myself, whatever is best for me and my family, and I will leave’.
“But obviously that wasn’t the case. I felt that I was still part of the plan, that I could still help the club to achieve whatever was our aims.”
Fernandes has a contract until 2027, with the option of a further year.
And the 31-year-old has no intention of discussing his future with anyone until after the World Cup in 2026.
“As I’ve always said, I feel good here,” he said. “I want to achieve my dreams still. But obviously I can’t talk by the side of the club.
“I’ve seen a lot of news. I’ve seen a lot of people talking that I had an agreement to go already next season. If the club has done that agreement, it wasn’t made with me, so I haven’t spoken with anyone
.
“My agent also knows how I work, so if he wants to talk to me, it will be after the World Cup. Because until then, I won’t speak to anyone.” –
-AFP
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Manchester United’s Harry Maguire struck a late header to seal a thrilling 2–1 Premier League victory over Liverpool on Sunday, ending their nine-year drought without a win at Anfield and dealing a blow to the reigning champions’ title chase.
Liverpool, who have lost four consecutive games across all competitions for the first time since November 2014, dropped to fourth in the table on 15 points, four behind leaders Arsenal.
United, who won back-to-back league games for the first time since manager Ruben Amorim was appointed last November, climbed to ninth with 13 points.
United’s Bryan Mbeumo stunned the home crowd with a goal a minute after kickoff when Amad Diallo pushed forward before flicking a ball for the forward to run onto and fire home from inside the box.
Irate Liverpool fans thought play should have been stopped before the goal with Alexis Mac Allister down clutching his head after a collision with teammate Virgil Van Dijk.
SQUANDERED CHANCES
Cody Gakpo hit the post three times before finally scoring the equaliser in the 78th minute, when he tapped in Federico Chiesa’s cross.
But Maguire sent United fans into a frenzy with the winner in the 84th when Bruno Fernandes floated the ball in for the big defender to outjump Ibrahima Konate and power home a header.
“It means everything,” Maguire told Sky Sports.
“They’ve had the better of us over the last few years and it’s not been good for our club and we’ve have not given our fans enough days like today. It’s been a long time coming, coming to this ground and picking up three points.
“I’ve been here seven years now and to come to this ground every time and not get three points has been tough. So it’s for the fans, I hope they have a great night tonight.
There were shouts for a Liverpool penalty early on when Casemiro’s cross struck Diallo’s arm. But the VAR video referee determined Diallo’s arm was in a natural and justifiable position.
Liverpool had 19 shots to United’s 12 including several jaw-dropping near misses.
‘SLOPPY’ LIVERPOOL
Gakpo was lively all game, hitting the post twice in the first half, and then nearly making it third time lucky when he smashed another shot off the post shortly after the break.
He missed a sitter in the dying minutes, however, when he headed the ball well wide of the net.
An off-form Mohamed Salah squandered a brilliant chance in the second half when the ball fell to him unmarked at the far post, but he launched it wide, his face etched with frustration.
“I think we conceded a very sloppy second goal,” said Reds captain Virgil van Dijk. “We worked so hard to get back into the game and we created great opportunities to score the winner but if you concede a second goal like that, that is the disappointing part.
“We need to stay humble and stay working and keep our confidence as high as possible,” he added. “When things get tough, it is important we keep the mentality of being there for each other. It is a long season.”
-Reuters
Manchester United’s under-pressure coach Ruben Amorim will be given the full three years of his contract to prove himself and the club will become the most profitable in the world, co-owner Jim Ratcliffe said on Wednesday.
Amorim was Ratcliffe’s choice to replace Erik ten Hag last November but the Portuguese coach has struggled to turn around the club’s flagging fortunes, winning only 10 of his 34 Premier League matches in charge.
United endured their worst top-flight finish last season since they were relegated in 1973–74, coming 15th, and they missed out on Europe after being beaten by Tottenham Hotspur in the Europa League final.
But Ratcliffe has issued his strongest statement of support for Amorim yet, comparing the situation to when Alex Ferguson struggled in the early years of his reign before becoming the greatest manager in the club’s history.
“I remember the clamouring for Alex Ferguson to be fired in his first two years,” Ratcliffe, who owns 30% of the club and controls the football side of the business, told The Times’ podcast The Business. “You look at (Mikel) Arteta at Arsenal. He had a miserable time for the first couple of years.
“We’re results-driven at the end of the day, but we have to be patient and we have to see through the results. I think there’s lots of good things at Manchester United. We have to be patient and we have a long-term plan. It isn’t a light switch.
“Ruben needs to demonstrate that he’s a great coach over three years.”
‘WE’VE MADE ERRORS’
While the American Glazer family retain majority control of the 20-time champions of England, Ratcliffe rejected suggestions they could instruct him to sack Amorim.
“It absolutely wouldn’t happen because it’s just a good working relationship. They come to the board meetings. We sit down and we talk about things,” Ratcliffe said.
“We’ve made errors. There’s absolutely no question that we’ve made errors as we’ve gone along and we’ve talked about it. But no one’s perfect.”
Asked to confirm whether Amorim would see out his contract, Ratcliffe said: “Yes. That’s where I would be. Three years, because football’s not overnight.”
Despite United’s stock falling on the pitch, off it they recently posted record revenues of 666.5 million pounds ($892.1 million) in the year to June 2025, albeit with a 33 million pounds loss.
Amorim’s squad was boosted by more than 200 million pounds worth of new signings in the summer.
“The better your squad, the better your football should be. So a lot of what we have done in the first year is spend an awful lot of time putting the club on a sustainable, healthy footing,” Ratcliffe, who completed his acquisition of a minority stake in the club in 2024, said.
“If you look at our results for last year we have the highest revenues ever. Profitability, the second highest. We’re not seeing all the benefits of the restructuring that we’ve done in this set of results, and we were not in the Champions League.
“Those numbers will get better. Manchester United will become the most profitable football club in the world, in my view, and from that will stem, I hope, a long-term, sustainable, high-level of football.”
Ratcliffe also said he wants to revive the club’s Academy that once churned out the likes of multiple title winners David Beckham, Ryan Giggs, Paul Scholes and Gary Neville.
“The academy has really slipped at Manchester United,” Ratcliffe said. “You don’t solve the academy problem overnight. It takes time. We just recruited a new academy director.”
-Reuters
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