Newcastle United up for sale – but is Mike Ashley asking too high a price?

After 11 years the controversial owner wants out yet he is also seeking a profit of more than £100m for a Premier League club relegated twice during his tenure

A guide to how swimmingly Mike Ashley’s sale of Newcastle United has been proceeding is that he decided to broadcast an advert for it so publicly. The announcement last Monday by the Sports Direct baron, owner of the north-east football institution for a turbulent and occasionally hapless decade, was the corporate equivalent of hammering an estate agent’s sign into the pitch at St James’ Park.

Related: Amanda Staveley signs Newcastle non-disclosure agreement before likely bid

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After 11 years the controversial owner wants out yet he is also seeking a profit of more than £100m for a Premier League club relegated twice during his tenureA guide to how swimmingly Mike Ashley’s sale of Newcastle United has been proceeding is that he decided to broadcast an advert for it so publicly. The announcement last Monday by the Sports Direct baron, owner of the north-east football institution for a turbulent and occasionally hapless decade, was the corporate equivalent of hammering an estate agent’s sign into the pitch at St James’ Park. Related: Amanda Staveley signs Newcastle non-disclosure agreement before likely bid Continue reading…

https://www.theguardian.com/football/2017/oct/22/newcastle-united-up-for-sale-mike-ashley-amanda-staveley

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