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Ash Cash Slashed

As expected Mike Ashley's main earner, Sports Direct, has been totally butchered in the recession. Profits fell horrifically from 118.9m to 10.7m, meaning Ashley's persistence to sell Newcastle has been further heightened. With massive cash lays having been laid out on overseas expansion, we can't rely on his profits from Sports Direct to hold up the Newcastle side of his portfolio.




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The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Thursday July 16 2009

Time: 9:38PM

Your Comments

I hope it all goes wrong for him, he doesnt deserve a penny...! cockney *****er
xpertweb.co.uk
Hope he sells the club before he goes bust or we will have a 10 point reduction if we go in to administration.
sfosteruk
He is in no hurry to sell, sale would have been done by now!
xpertweb.co.uk
 

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