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Shepherd slams Ashley fee

Shepherd slams Ashley fee

Always outspoken, no doubt because he felt right royally shafted by Ashley and the Halls, Freddie Shepherd has launched his latest verbal volley in the direction of the Sports Direct magnate, criticising him for demanding silly money for NUFC. In another body slam Shep said:

"The price Mike Ashley is asking has to reflect the global economic crisis. Above all, it has to be realistic and attainable. Mike Ashley says he wants to go, the fans want him out, but with the value of companies tumbling by the hour the price must be attractive to lure serious investors. Some of the figures that have been bandied about are laughable.

Serious investors know what he paid for the club and what he has put in - so he must accept there are no fast bucks to be made in this market. One of our biggest banks HBOS had to take a massive hit and most companies and institutions have suffered too. Newcastle United is no different. Mr Ashley has to do what is best for the club. He must not try to make a profit out of a disaster."

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Writer:Ross Molyneux
Date:Monday October 13 2008
Time: 8:08PM

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