The 'Billionaire' who was going to buy Newcastle United now in jail - Incredible story nufc
With the Saudi Arabia PIF led consortium finding their bid to buy Newcastle United stalling as the Premier League wouldn’t allow it through .As was the case with any other claimed interested party in buying Newcastle, fans instantly searched online for details of Henry Mauriss.
His big business interest that you could find details of was something called ClearTV, but again, the financial figures surrounding that particular business didn’t remotely suggest he would have the financial muscle to take over at St James’ Park., as he exposes the full Henry Mauriss story. A lawyer who worked on due diligence about Mauriss on behalf of a client, who wished not to be named to protect business relationships, formed the opinion Mauriss had been misleading people for a long time. He summarised his opinions by saying: “At some point, he seems to have worked out that trying to buy football clubs, or getting gullible football journalists to write about him trying to buy football clubs, might help him sell those bonds, or swap them for something that does have more value.
Three years later , in April 2022, Mauriss again agreed terms with an incumbent owner to purchase an English club. This time, it was a fee of £115million to purchase Sheffield United. Now, for the first time, The Athletic can detail the true extent of Mauriss’ scheming and criminality, including:
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