The Newcastle owner is said to be proud of a 'huge achievement' on Tyneside.
And yet, according to the Daily Mirror, Ashley will do just that this summer, pumping £60 million (or more) into the club's transfer spending free - which will be conducted by new boss Steve McClaren.
The Newcastle owner, meanwhile, is said to value the 'huge achievement' of making the club financially self-sufficient.
The same report, however, suggests a strange move on Ashley's part in that he will quit the Newcastle board but not relinquish any power at all.
Two directors are said to be taking his place, although - as stated - he will continue running the club as he sees fit.
The Magpies faithful will no doubt take an 'I'll believe it when I see it' approach with regards to transfer funds. The argument, though, is that Ashley saw Newcastle's relegation near-miss as a step too far and wants to produce a major shake-up of how things are done at St James' Park.