EVERTON have become the latest Premier League team to be courted by billionaire Indian businessman Anil Ambani. Intermediates representing Ambani have been in contact with Goodison owner Bill Kenwright, intent on arranging a meeting between the two parties. Ambani, said to be the sixth richest man in the world with a fortune of £24bn, has targeted Everton after failing in an attempt to take control at Newcastle United. Ambani’s son, Jai Anmol, is thought to have attended Everton’s pre-season friendly against PSV Eindhoven at Goodison for informal talks with Kenwright and club director Robert Earl.   more »

Reliance Communications chairman and managing director Anil Ambani may have issued a statement sometimes back that he was not interested in buying English club Newcastle United. But the speculation simply refuses to die. According to the Times, it is becoming increasingly likely that the telecoms giant will seek formal talks with the Premiership club’s board with a view to a £220 million buyout on Monday. Ambani was first linked with the takeover last month but it seemed he was dissuaded by the £260 million tag and the fact that the Tyneside club had failed to strengthen the squad. But following the club’s latest tribulations, the exit of Geordie favourite, manager Kevin Keegan, Reliance believes the time is ripe to make a move.   more »

News that Anil Ambani-controlled Adlabs Films has engaged itself with Fame India for a possible takeover put on fire the shares of Mumbai-based multiplex chain. From Wednesday to Friday, shares of Fame India shot up 12.18 per cent as its shares closed at Rs 42.50 a piece on speculation that Adlabs Films was willing to pay a significant premium to the current market price. The buzz was that Adlabs would pay Rs 80 per share, almost double from the prevailing market price. When contacted by Televisionpoint.com, officials of both the companies denied the market speculation. Adlabs spokesperson Anjali Malhotra said, "This is the rumour that has been going on for the last one year. It is absolutely baseless." Shravan Shroff, managing director, Fame India, said, "There is no truth in the matter. It is just speculation."   more »