Publicado: Jue, Diciembre 06, 2018
Deportes | Por Godofredo Marrero

Newcastle close to being sold which will end reign of Mike Ashley

Newcastle close to being sold which will end reign of Mike Ashley

Newcastle United owner Mike Ashley says he is planning on selling the club, by the end of December, after more than a decade of ownership.

Under Ashley's management, Newcastle United have been relegated twice from the Premier League.

Although it is unknown whether an official bid has been submitted, it is believed that a possible deal with Kenyon and U.S. financial advisory firm Rockefeller Capital is what Ashley was hinting at.

The Christmas break and Richard Scudamore's departure as executive chairman of the league later this month could also be complicating factors regarding that timeframe.

"I am hopeful for the Newcastle fans, for the club, for everybody that I will be able to step aside and we will be able to get an owner in that can please everybody", Ashley said.

Richarlison celebrates scoring the equaliser
Richarlison celebrates scoring the equaliser

However, Kenyon's group are short on time if the purchase is to be made prior to the start of the January transfer window.

It is believed that all four bids are in the region of the £300million asking price that Ashley is hoping for, with the current owner hoping to sell the club in January.

Newcastle fans are set for a major protest this weekend as they look to show their disapproval of Ashley's running of the club by boycotting the Wolverhampton Wanderers fixture.

Manager Rafa Benitez has repeatedly bemoaned a lack of financial support in the transfer market, with the result being consecutive seasons battling against relegation.

After taking just three points from their opening ten games, Benitez's side have improved recently, winning three successive games before West Ham eased past them at St James' Park.

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