We guess itâ€™s been a couple of months since the last article on Newcastle United being sold, so thereâ€™s another piece today in the People saying Mike Ashley wants to sell the Newcastle club.
Mike Ashley – no way will he be selling Newcastle United
The news is that Mike Ashley is considering selling Newcastle United – but he wants Â£300M for the club he took over last summer.
Mike paid around Â£134M for the club and has paid off up to Â£100M in the club’s debts, but why would he sell now?
The club is now in better shape than it ever was under the old regime of Freddy Shepherd, and the club is starting to operate well as a business, and the club is even listening to the multitude of the Newcastle fans.
We also finished a disappointing 12th place in the league, and now we have Kevin Keegan back and Kevin has shown he seems to have lost none of the magic that saw him take Newcastle up the league so convincingly in the 1990s.
Chairman Chris Mort is set to return to his London Law firm, Freshfields in a few weeks.
But Chris has completely restructured the club since he was appointed last August, and Ashley believes the work Chris has done makes the club a more saleable asset.
While that may be true, thatâ€™s not the reason Mort has restructured the club.
He did it so the club can work more efficiently, especially in the transfer market and scouting young talent before the lads are fully developed.
Newcastle’s rather large debts have been paid off, and the club is now on a much firmer footing, and Mort is set to be replaced by Derek Llambias, who is another Ashley business acquaintance, who the owner has full confidence in.
Derek is also moving to Newcastle, which he would hardly do if a sale was pending in the near future.
No, this news is all made up, and thereâ€™s no way Ashley will sell Newcastle until we are back as one of the top clubs in the land.
We’re sure of that.