Football: Singaporean businessmen Terence and Nelson Loh in takeover bid for Newcastle United

Mr Nelson Loh and Mr Terence Loh are co-founders of Bellagraph Nova Group that is worth an estimated $15.6 billion.
Mr Nelson Loh and Mr Terence Loh are co-founders of Bellagraph Nova Group that is worth an estimated $15.6 billion.PHOTO: ST FILE

SINGAPORE - A decade after Singaporean billionaire Peter Lim made an ambitious attempt to buy English Premier League (EPL) giants Liverpool, local entrepreneurs Terence Loh and Nelson Loh are now spearheading a bid to take over another English club, Newcastle United.

The cousins are co-founders of Bellagraph Nova (BN) Group - along with Ms Evangeline Shen - which owns over 30 entities across 100 countries in major business fields, including finance, sports, healthcare, luxury goods, entertainment and robotics. The Paris-based firm is worth an estimated US$12 billion ($15.6 billion).

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