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.
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 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.