Indian company deny takeover talks with Toon
NEW DELHI, Aug 4 (Reuters) - Reliance Communications
Media reports in the U.K. said the club's owner Mike Ashley was in talks with Reliance Communications Chairman Anil Ambani about a 260 million-pound ($513.5 million) takeover by the Indian billionaire.
'The news report is completely false and baseless. There are no such plans,' Reliance Communications said in a statement.
Ashley, also a billionaire, controls about 70 percent of
British biggest sporting goods retailer Sports Direct