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Ashley to keep Newcastle United all to himself

Newcastle United's controversial owner Mike Ashley has vowed to keep the club in his control, revealed the club's Managing Director Derek Llambias.

"It is not up for sale - it is not up for sale at all,"

"The position is there is no money out there. The reality is that football is not what it was. We had two possible buyers and they didn`t put their money up. So at the end of the day they are not real.

"You cannot lose the income we have lost in relegation and still be where we are. So Mike has put in 25 million in December and he has put in another five million in this week and he is committed."

Even though the club has been named the 20th richest club in the world just last week by estimates of the previous season, Llambias has been adamant that without Ashley's continued investment, the Magpies would be nowhere near where they are at present.

"I think the reality is coming back into football with what has happened in January at West Ham and Portsmouth and other lower division clubs and what is going on with Man U at the moment."

"Do I feel we are winning them back over? Slowly, slowly," said Llambias, referring to the anger that fans had shown towards him and Ashley since the sacking of Kevin Keegan.

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The Journalist

Writer: Mehzeb Chowdhury Mail feedback, articles or suggestions

Date:Wednesday March 3 2010

Time: 10:09PM


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