Newcastle United - More cash for Ash
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More cash for Ash

In another stroke of genius by our prospective owner Mike Ashley, the billionaire has scooped a nice £30m profit from the sale of his Adidas stake. Having originally paid £183m for it, he has now sold off a chunk of his 3.14% stake in staged batches, reaping us a nice transfer kitty for the pre-season sales and removing accusations of a conflict of interest due to our high profile link up with Adidas.

Kerching!

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The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Tuesday June 5 2007

Time: 11:15AM

 

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