Mike Ashley Plans To Sell Newcastle

  • Mike Ashley Plans To Sell Newcastle

Mike Ashley Plans To Sell Newcastle

Newcastle United owner Mike Ashley has revealed that talks to sell the Premier League outfit are "at a more progressed stage than they have ever been".

"I'd like it to be before the January transfer window", he told Sky News' Ian King show.

Do you think this was the real deal, after more than a decade of misdirection is he genuinely trying to sell the club and is talking to potential buyers, with a sale destined to happen in the very near future, even as early as this month according to Mike Ashley?

It has previously attracted the interest of Amanda Staveley's PCP Capital Partners, which tabled a £300m bid late past year.

Ashley, who bought Newcastle in 2007, has officially been looking to sell the club since October 2017.

"Realistic is maybe too strong a word", he said when asked how likely a deal was.

He added: "Hopefully we can carry on the good form - just recent good form - and we can get the deal done".

Ashley's tenure at the Magpies has been fraught with controversy, and most fans have grown tired at his lack of investment in the club.

Ashley has revealed he is close to finding a buyer for Newcastle United - and could be gone before January.

'And whoever buys the club would presumably have to put in transfer funds for Rafa Benitez?'

Newcastle saw a three-game winning streak ended last weekend with a 3-0 defeat to West Ham.

The club's precarious Premier League status has, in turn, made potential investors wary of meeting Ashley's demands, with fears of the economic impact that any relegation to the Championship might have.

They are now 15th in the table with 12 points from their opening 14 fixtures, and face Wolves at St James' on Sunday with protestors calling for a boycott of the televised match.