Canadian businesswoman Evangeline Shen, who currently heads the Bellagraph Nova Group alongside Singaporean cousins, Terence and Nelson Loh, is in advanced talks to buy football club, Newcastle United.

According to British tabloid, The Sun, the trio have bid GBP 280million (approx Rs 2,770 crore) for the current owner and British billionaire Mike Ashley. The bid was announced after a Saudi-backed consortium withdrew its offer to buy Newcastle in late July, after months of waiting for Premier League approval.