Report claims why Mike Ashley wants quick sale of Newcastle United

General Views of St James' Park before the Sky Bet Championship match between Newcastle United and Aston Villa at St James' Park on February 20, 2017 in Newcastle upon Tyne, England.

Newcastle United are playing in the Premier League this season.

A general view of St James' Park is seen prior to the Barclays Premier League match between Newcastle United and Norwich City at St James' Park on October 18, 2015 in Newcastle upon Tyne,...

Newcastle United owner Mike Ashley wants to sell the club quickly, according to The Times.

It has been reported that the English businessman does not want to invest in the squad in the January transfer window.

According to the report, Ashley wants a quick sale of Newcastle, having admitted that the squad needs strengthening in January.

A general view of the action during the Sky Bet Championship match between Newcastle United and Preston North End at St James' Park on April 24, 2017 in Newcastle upon Tyne, England.

The Times has claimed that there are as many as three separate groups of potential investors interested in buying the Magpies, including PCP Capital Partners, which is run by Amanda Staveley.

Ashley has been at Newcastle for 10 years, and the fans are not happy and want a change.

The Magpies have gone down to the Championship twice during Ashley’s tenure at St. James’ Park.

Newcastle United owner Mike Ashley is seen on the stand during the Barclays Premier League match between Newcastle United and Tottenham Hotspur at St James' Park on May 15, 2016 in...

Newcastle get around 50,000 fans for their home matches at St. James’ Park and are one of the biggest clubs in England.

It is clear that the Magpies can become successful as they have a strong fanbase, but the squad and the team need to be better.

With new investment and the signing of better players, Newcastle could become top-10 regulars in the Premier League in the coming years, especially with Rafael Benitez in charge.

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