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Lee Ryder

Mexican tycoon linked with Newcastle United takeover asked about his vision when it comes to taking over clubs

Mexican billionaire Alejandro Irarragorri has spoken about how he would approach life as the owner of a Premier League club.

Irarragorri is the man who is understood to have spoken to Mike Ashley about the possibility of buying the Magpies after a meeting in London.

But while reports of a meeting weren't played down, a concrete bid has not followed and the Newcastle owner has focused on running United.

When asked about how he would act if he took over a top side and how he had dealt with clubs he has looked after in Mexico.

Speaking to Mexican publication, Cancha, Irarragorri said: "Owners or responsible guardians of a football team do not take it as a small thing.

"We do understand that in the forefront and modernity of business today in the industry, we are required to be a very efficient very institution and very professional.

"But we also understand that there are two other factors that are essential

"The vocation and origin of the teams to generate value to the community in which they are.

"And I mean emotional value, inspiring generations.

"But I also refer to economic value in terms of the economic spill that a team generates for its place or region with all the history."

He has previously been quoted discussing his approach in football when saying: "We own two clubs now. Santos, the current Mexican champions, and then, in the second division, we’re trying to create value for another club.

"We’re doing the same process we did with Santos 12 years ago to create value for the community and to create a self-sustainable operation for the club.

"When we started our challenge was to create structure and infrastructure and then to create the right processes.

"This is to achieve three goals, which is continued growth, sports success and profitability.

"You need to combine this profitability to keep doing the origin of football, which is to create value for the community."

Newcastle have made no public comment about the takeover links with the Mexican group but did say in August they would not be prepared to offer a "running commentary" when it comes to interested parties.

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