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Chinese consortium interested in Newcastle takeover from Mike Ashley

Ashley (Reuters)
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Newcastle owner Mike Ashley has received offers of investment from China.

AshleyAshley

Newcastle United owner Mike Ashley has received “significant interest” from a Chinese consortium about a potential takeover, reports Sky Sports.

Ashley has had lots of interested parties approach him in recent weeks over the possibility of investment in the newly promoted club, one of which is from China.

Newcastle United fans celebrateNewcastle United fans celebrate

It is reported that the Magpies owner, who has tried to sell the club twice in the past, is seriously considering all the options being put to him.

Ashley’s ownership of Newcastle has been controversial since his own takeover in 2007, with fans having previously protested against his ownership and many would probably not be too displeased to see him leave.

Newcastle owner Mike Ashley in the standsNewcastle owner Mike Ashley in the stands

The club have become a more attractive prospect since gaining promotion from the Championship, returning to the Premier League after one year in England’s second tier.

It would certainly make for an interesting summer should Ashley leave St James’ Park and new owners – and potential new finances – coming in.

General view outside St James' ParkGeneral view outside St James’ Park