Newcastle’s billionaire owner, Mike Ashley, will turn to former Football League chairman Keith Harris to sell the St James’ Park club for £480M
Keith Harris – to Newcastle’s rescue?
We had reported earlier in the week that Mike may turn to Keith to help sell the Tyneside club, since Keith has been involved in some big deals lately in selling football clubs.
Only last summer, Harris was in charge of former Thai prime minister Thaksin Shinawatra’s acquisition of Manchester City.
Harris is said to be returning from a trip to North America and will begin to look for a buyer for the North East club next week. Newcastle, who are a proud club, are now in serious turmoil and trouble, after Kevin Keegan’s resignation over two weeks ago. Keegan is now said to be on holiday in Spain.
The good news for Newcastle fans is that sources close to Ashley say a number of potential buyers have already been in touch with the club, but only preliminary talks have taken place.
The bad news is that Ashley and his people are saying it could take months to sell the club, which will not come as good news at all to Newcastle fans, because by then, the team could be rooted to the bottom of the league, with little chance of survival.
Ashley has to at least get a new manager in quickly, while he looks to sell the club. That has to be done, to save the sinking ship, which is Newcastle United right now.
Make no mistake, this is a very serious and sad position for a proud club to sink to.