Sport

Newcastle For Sale

Avatar photo

17 October 2017

By Alex Khalil

Once again.

Mike Ashley is selling Newcastle United and people are overwhelmed with joy it would seem. Since Ashley’s reign began ten-years ago, the team has been relegated twice from the Premier League. The club said in a statement:

‘Newcastle United requires a clear direction and a path to a bright and successful future’

The owner has been a decisive figure in St James’ Park, since taking over in 2007, with a number of supporters regularly speaking out against how he runs the club. Financier Amanda Staveley, 44, is a potential suitor, according to BBC radio 5 senior reporter Ian Dennis. She was seen watching the home draw against Liverpool earlier this month.

Ashley bought Newcastle United for 134.4 million in 2007. Accounts up to June 2016 showed a profit of £900,000 and a turnover of £126 million in 2015-1016.

People are pretty happy about this, even Alan Shearer:

https://twitter.com/jimmyliddel/status/919970718913265664

 

Like this article? Please share!

  •
    Books Book Review: Things a Bright Girl Can Do
    1914. The world stands on the edge of change. But women still have no vote. Evelyn is rich and clever, but she isn’t allowed to go to university. Life is set out for her, but Evelyn wants freedom and choice, even if it means paying the highest price alongside her fellow Suffragettes. Meanwhile, May campaigns […]
    Read Full Article
  • Editorials Will you miss anything about lockdown life?
    Every cloud has a silver lining. And in this pandemic era, that silver lining has arguably been the copious amount of time we’ve all had for self reflection. Lockdown life has given a lot of us time to focus on things we’ve always wanted to do, but never had the time to get around to.  […]
    Read Full Article
  • News Trump acquitted in impeachment trial
    Former president Donald Trump has been found not guilty of incitement of insurrection by the US Senate tonight as the short but historic impeachment trial comes to a close. Following the Capitol Hill riots earlier this year, Democrats in Congress moved quickly to try and impeach Mr Trump before he left office. Their efforts were […]
    Read Full Article
  • Books Book Review: Normal People
    5/5 If you’ve ever read a book review by yours truly before, you’ll know it’s rare I award five stars. They are reserved for special works of art – and Sally Rooney’s Normal People is exactly that. In fact, Normal People is a masterpiece. I first heard of the book when it was broadcast as […]
    Read Full Article
  • Reviews TV Review: Bridgerton
    4/5 Dearest reader, I give you my sincere gratitude for joining me in this reviewing endeavour. I am sure it will be most revealing indeed. * Now, if you haven’t seen or read Bridgerton, you’ll be wondering what on earth is going on with me! Netflix’s latest fantastic original, based on the novel series by […]
    Read Full Article
  • News Study finds North East has lost out due to Brexit
    BY FLAMINIA LUCK A report published by the University of Warwick, has calculated which areas of the country have won or lost out economically as a result of the Brexit vote. The report, titled Measuring the Regional Economic Cost of Brexit, has used data and statistics from 2018 to construct a predictive modelling which estimates […]
    Read Full Article