Newcastle United - Ashley on his way
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Ashley on his way

The Sunday Times is today running a massive article, including quotes from Mike Ashley, stating that the club is for sale again. With an agreement still to be reached with Alan Shearer, this looks to be one of the reasons for failing to agree a contract as yet. Ashley said:

"It has been catastrophic for everybody. I`ve lost my money and I`ve made terrible decisions. Now I want to sell it as soon as I can . . . advisers will be appointed shortly.

Of course I regret it. I never said I was an expert in football clubs. I was just a fan - although a very wealthy fan. But I`m not so wealthy now. I put my money into it and I tried my best. But I accept my best was woefully short. I am genuinely sorry for everybody about what has happened."

The words of a beaten man and beaten financially. On top of his Sports Direct failings this year, it looks like 100m would be enough to buy the club, a whopping 134m loss on his investments and initial purchase fee. The kid in a sweetshop act looks to have finally be rumbled and he`s running with his tail between his legs. Magic. The only problem seems to be 100m is a hell of a lot of money in the current financial climate for a Championship club.

Let`s hope they can see potential!

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Click here to join in the debate on the club forum.

The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Saturday May 30 2009

Time: 10:20PM

Your Comments (oldest first)

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30/05/2009 22:27:00

I can only dream he would sell up!! Good Bye!!
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31/05/2009 10:38:00

Can he not take Barton with him?
Report Abuse
31/05/2009 12:59:00

Yeah he should take barton ... and half of the team / board
Report Abuse
01/06/2009 12:43:00


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