English Premiership

Ashley wants to sell Newcastle before January

2018-12-04 10:20
Mike Ashley (TEAMtalk)

Newcastle - Newcastle United owner Mike Ashley said on Monday he is planning on selling the club, by the end of December, after more than a decade of ownership.

Speaking on Sky News, Ashley said he was hopeful a deal could be concluded before the end of the year.

"I'd like it to be before the January transfer window. Not (in) exclusive (talks) but talks are at a more progressive stage than they have ever been," he said.

"I'm very keen to sell it to the right buyer and everybody's happy, that would be good news."

The 53-year-old Londoner has proved a divisive figure during his tenure, which has seen Newcastle twice relegated from the Premier League and then immediately promoted back.

"I am hopeful for the Newcastle fans, for the club, for everybody that I will be able to step aside and we will be able to get an owner in that can please everybody," Ashley said.

Sportswear magnate Ashley announced he wanted to sell the club last October after more than 10 years in charge, having paid £134.4 million to buy Newcastle in 2007.

Ashley ended takeover talks with English businesswomen Amanda Staveley for the Magpies in January 2017 after she placed a £300 million bid for the club.

The northeast outfit regularly attract crowds of more than 50 000, but their supporters have been long suffering.

Although Newcastle's last trophy was the Championship title last year, they last won the first division title in 1927 and claimed the Inter-Cities Fairs Cup (the precursor to the UEFA Cup) in 1969.

Newcastle sit in 15th place in the table having won only three of their opening 14 league games this season and are managed by former Champions League-winning coach Rafael Benitez.

 

Read News24’s Comments Policy

Fixtures
Wednesday, 29 January 2020
West Ham United v Liverpool, London Stadium 21:45
Saturday, 01 February 2020
Leicester City v Chelsea, King Power Stadium 14:30
Liverpool v Southampton, Anfield 17:00
West Ham United v Brighton & Hove Albion, London Stadium 17:00
Crystal Palace v Sheffield United, Selhurst Park 17:00
Newcastle United v Norwich City, St. James' Park 17:00
Watford v Everton, Vicarage Road 17:00
AFC Bournemouth v Aston Villa, Vitality Stadium 17:00
Manchester United v Wolverhampton Wanderers, Old Trafford 19:30
Sunday, 02 February 2020
Burnley v Arsenal, Turf Moor 16:00
Tottenham Hotspur v Manchester City, Tottenham Hotspur Stadium 18:30
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

And the 2019/20 English Premiership champions will be ... ?

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2018/19 Absa Premiership season is in full swing. Will Mamelodi Sundowns retain their title? Or can one of Kaizer Chiefs, Orlando Pirates, Wits, SuperSport United - or another team perhaps - snatch glory from the Brazilians? Be sure to visit Sport24 for all the latest news!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.