Stella Dimoko Korkus.com: Newcastle United FC Put Up For Sale By Owner Mike Ashley

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Tuesday, October 17, 2017

Newcastle United FC Put Up For Sale By Owner Mike Ashley

Newcastle owner Mike Ashley has formally put the Premier League club up for sale and is hoping to complete a deal by Christmas. 




Ashley's decade-long reign appears to entering its final weeks, with the businessman prepared to entertain a deal involving staggered payments if it attracts the right investor.


A statement from his company, St James' Holdings, read: "To give the club the best possible opportunity of securing the positioning and investment necessary to take it to the next level, at what is an important time in its history, its present ownership has determined that it is in the best interests of Newcastle United and its fans for the club to be put up for sale."


The 53-year-old paid £134 million for the Magpies in 2007, clearing existing debts and securing the club's financial future at a troubling time. But his tenure has not been harmonious, including two relegations from the Premier League and frequent discord with the fan-base.

4 comments:

  1. Dangote how far?

    ReplyDelete
  2. Eeyaa...Newcastle has fallen yakata for ground.
    Maybe the buyer will resurrect them small.

    ReplyDelete
  3. Dangote could just buy this for now and try Arsenal later.

    ReplyDelete
  4. our dangote should come n buy oh...ben bruce. atiku....who again...sdk..oya oh..market don land....

    ReplyDelete

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