Singapore firm suffers setback in bid to buy Newcastle United after senior executive Terence Loh quits

A top executive at a Singapore firm seeking to buy Newcastle United has quit after police launched a probe into his activities, the company said on Wednesday, the latest turmoil for the bid.Bellagraph Nova Group, founded by two Singaporean entrepreneurs and a Chinese business partner, announced in August it was in “advanced talks” to buy the English Premier League team.But the bid became mired in controversy over allegations that photos had been doctored to show the trio meeting with former US…

Singapore firm suffers setback in bid to buy Newcastle United after senior executive Terence Loh quits
A top executive at a Singapore firm seeking to buy Newcastle United has quit after police launched a probe into his activities, the company said on Wednesday, the latest turmoil for the bid.Bellagraph Nova Group, founded by two Singaporean entrepreneurs and a Chinese business partner, announced in August it was in “advanced talks” to buy the English Premier League team.But the bid became mired in controversy over allegations that photos had been doctored to show the trio meeting with former US…