Malaysian businessman Ananda Krishnan has denied claims he's in takeover talks with Newcastle United.
"News reports were carried on July 5 and July 6 in various newspapers in Malaysia and Singapore that Mr Ananda Krishnan or companies owned by Mr Krishnan had expressed an interest in purchasing Newcastle United Football Club (and) that his representatives had been engaged in talks to explore or even conclude such a deal," said the statement in Malaysian newspaper The New Strait Times.
"There is in fact no truth or foundation to this story.
"Mr Krishnan has not expressed an interest in purchasing Newcastle United Football Club, has not sent any delegation to Newcastle to engage in such talks or authorised any representatives to negotiate on his behalf and is not considering any such purchase."