Report: Mike Ashley has change of heart regarding Newcastle United sale

Newcastle owner Mike Ashley (c) flanked by Keith Bishop (l) and Lee Charnley look on from the stand during the Premier League match between Newcastle United and Leicester City at St. James...

Newcastle United owner Mike Ashley is now prepared to accept staggered payments, which was previously a big issue.

Newcastle owner Mike Ashley (l) and Joe Kinnear look on before the Barclays Premier League match between Everton and Newcastle United at Goodison Park on September 30, 2013 in Liverpool,...

According to the Northern Echo, Newcastle United owner Mike Ashley has had a change of heart over the sale of the club, as he will now consider staggered payments.

When Amanda Staveley was looking to buy Newcastle at the start of the year, Ashley insisted that the full payment was made up-front.


In the end, Ashley’s demands were one of the reasons why the deal for Newcastle collapsed, with Staveley walking away.

However, the Magpies owner is said to be more willing to take a staggered deal for the club now, as Newcastle edge closer to finding a new buyer.

Newcastle United owner Mike Ashley and Linda Ashley (L) look on from the stand prior to the Barclays Premier League match between Tottenham Hotspur and Newcastle United at White Hart Lane...

Peter Kenyon is believed to be the front runner to take over at St. James’ Park, with a £300 million deal agreed in principle.

Kenyon may look to pay in monthly instalments, rather than as a lump sum, and although Ashley doesn’t view this is ideal, he is now open to the idea.

Newcastle are now hoping that the takeover will go through quickly, as Rafael Benitez is still lining up transfers for the January window, in the hope of bringing more quality to St. James’ Park.

Mike Ashley, Newcastle United owner is seen in the stands prior to the Premier League match between Southampton FC and Newcastle United at St Mary's Stadium on October 27, 2018 in...

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