Newcastle listed for sale

By Daily Sports on October 17, 2017

Views: 896

Newcastle United owner Mike Ashley is ready to end his controversial reign after putting the Premier League club up for sale on Monday.

Ashley has been a polarising figure at Newcastle since taking over at St James’ Park in 2007 and the sports retail tycoon has decided now is the time to step down.

The have been relegated from the Premier League twice in the Ashley era, with the 53-year-old angering Magpies fans with his failed managerial appointments and his decision to sell naming rights to the club’s historic stadium.

Ashley has frustrated current Newcastle boss Rafael Benitez by failing to back the Spaniard in the transfer market. Benitez has publicly complained about Newcastle’s spending on several occasions since leading them to promotion from the Championship last season, with Ashley responding that he doesn’t have the cash to compete with superpowers like Manchester City, Chelsea and Manchester United.

Now Ashley, who paid £134 million ($178 million, 150 million euros) for Newcastle, reportedly hopes to find a new owner by the end of the year following the formal announcement of his sale plan.

“As one of the Premier League’s oldest and best supported football clubs – and for the benefit of its many fans and supporters in the UK and across the world – Newcastle United requires a clear direction and a path to a bright and successful future,” a Newcastle statement 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.” (Vanguard)

•Photo shows Newcastle United Stadium.

Source Daily Sports

Posted October 17, 2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

You may also like...
Umar and Awoniyi will shine at Olympics –...

2016 Olympics: SWAN charges athletes to make Nigeria...

Plateau United beat MFM FC 1- to remain...

Novak Djokovic defeats Rafael Nadal in super-human epic...

BREAKING: Arsenal miss out on Champions League spot;...

Ajagba, Apochi stun opponents on pro boxing debuts...

 

Latest News Super Eagles stars named in financial crime case with EFCC worth ₦300m Alisson: Liverpool offer for Brazil goalkeeper accepted by Roma Ox to miss 'vast majority' of season Gianfranco Zola: Former Chelsea striker appointed Maurizio Sarri's assistant Fans of FC Torpedo Moscow protest after Russian side sign black defender Erving Botaka-Yoboma Enyimba in narrow win over Williamsville in CAF Confederation Cup Stoke City's Oghenekaro Etebo reportedly turned down Watford move Anthony Joshua: 'I'd rather lose than be a drugs cheat' Ronaldo targets Champions League glory at new club Juventus Emery at Arsenal: Long live the king World Cup 2018: France & Nigeria stars in U23 Player of the Tournament Who's in charge? Nigeria's professional league has been suspended indefinitely

 

Most Read Rangers International going, going . . . (44,000 views) Amaju Pinnick: A cat with nine lives (36,156 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (35,050 views) Sports Development: Zenith Bank on the zenith (34,015 views) Current issues in Nigerian sports: Matters arising (33,093 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (32,794 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (32,340 views) Olopade, BET9A wave of revolution in NNL (32,017 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (29,328 views) World Cup Friendlies: Eagles Beware! (28,594 views) Let’s save Kelechi Emeteole's life! Let’s follow Omeruo, others' shining examples (28,338 views) Nkechi Obi and Nationwide League: One success story (27,674 views)

 

 

 

 

 

News Athletics (245) Basketball (98) Boxing (493) Columnists (317) Euro Soccer Update (2995) Fans Assembly (3) From the Grassroots (39) Golf (62) Interviews (14) Live Commentary (2) News (3847) NPL Glo Premier League (951) People and Places (22) Readers Parliament (5) Tennis (410)

 

 

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media