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Ashley may consider selling
MIKE Ashley could be prepared
to sell Newcastle United for the
right price, after astonishing
claims that he has gambled away
£129m of his fortune.
The billionaire sportswear tycoon
only bought the club last
May but has suffered amazing
losses after a series of poor
punts in the City's financial markets.
Ashley only took control at St
James' Park in May but the turn
of events have led to suggestions
that he is willing to listen to offers
from interested parties.
It is understood that he wrongly
gambled on the value of Halifax
Bank of Scotland stock, who
were at the centre of false rumours
it was about to collapse
and millions of pounds were
wiped off the share price last
week.
Ashley publicly maintains a
desire to turn Newcastle into a
club capable of challenging in
the Champions League again.
After Saturday's win over Fulham
- the club's first since Kevin
Keegan returned as manager -
Ashley said: "I just can't wait to
get to the summer and sit down
and talk with Kevin about what
we need to take the club forward."
Over the course of the last few
months there has been sporadic
suggestions that he is willing to
listen to any offers for the club.
Dubai International Capital -
who have been trying to buy Liverpool
- are known to be considering
an approach, while there
were also recent suggestions
that a locally-based consortium
was trying to get Alan Shearer
to front a takeover.
10:52am Monday 24th March 2008
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CommentPosted by: M Higham, Lancs on 11:15am Mon 24 Mar 08
Where are your facts in this article? Who did the interview with Mike Ashley when you make these quotes after Saturday's game?
Where are your facts in this article? Who did the interview with Mike Ashley when you make these quotes after Saturday's game?
Posted by: John Wayne, Gateshead on 1:04pm Mon 24 Mar 08
Sloppy sloppy "journalism". The "i can't wait" quote actually came from Terry Mac!
Sloppy sloppy "journalism". The "i can't wait" quote actually came from Terry Mac!
Posted by: Chuck, NY USA on 6:57pm Mon 24 Mar 08
Its been rumored owner Ashley has lost money in the market,so have we all.
But I get the feeling he is in it for the long haul,(Club owner) I like the guy, hope he stays as owner and enjoys his toy, Abramovich certainly does,what a christmas present would love to be in his shoes.
Its been rumored owner Ashley has lost money in the market,so have we all.
But I get the feeling he is in it for the long haul,(Club owner) I like the guy, hope he stays as owner and enjoys his toy, Abramovich certainly does,what a christmas present would love to be in his shoes.
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