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New report claims Mike Ashley stance on Newcastle United

Owner of Sports Direct and Newcastle United, Mike Ashley, arrives at the High Court on July 10, 2017 in London, England. Mr Ashley is defending him...
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Mike Ashley reportedly wants to sell Newcastle United.

Newcastle United owner Mike Ashley (C), Linda Ashley (L) and managing director Lee Charnley (R) look on from the stand prior to the Barclays Premier League match between Tottenham Hotspur...

According to The Daily Mail, Newcastle United owner Mike Ashley is ready to sell the club.

It has been reported that Ashley will sell Newcastle if the consortium fronted by Amanda Staveley produces the cash to buy the Magpies.

The report has claimed that the English businessman is “increasingly keen to sell” Newcastle and wants done with it.

Ashley has been at the helm of Newcastle since 2007.

Owner of Sports Direct and Newcastle United, Mike Ashley arrives at the High Court in central London on July 3, 2017, to defend himself against a lawsuit filed by a former business...

Established Premier League club

Newcastle have been relegated under Ashley, but the Magpies are an established club in the Premier League.

Under manager Steven Bruce, the team are unlikely to go down to the Championship at the end of the season, and they have done well in the FA Cup as well.

There is huge potential at Newcastle, and with big investment and a carefully thought-out plan, the team can challenge for Europa League places on a regular basis in the coming years.

Newcastle are 13th in the Premier League table at the moment with 35 points from 29 matches.

Owner of Sports Direct and Newcastle United, Mike Ashley, arrives at the High Court on July 10, 2017 in London, England. Mr Ashley is defending himself against a lawsuit filed by former...