Mike Ashley Willing To Sell Newcastle United – Reports
Mike Ashley is willing to sell Newcastle United to enable him to take over Glasgow Rangers, according to media reports.
The rules say that the United owner can’t own more 10% of the Scottish club unless he disposes of his Newcastle shareholding/ownership.
The Telegraph have reported that their information is that Ashley wants to sell Newcastle but won’t publicly put it up for sale, though will entertain bids made privately.
Personally, I don’t see Mike Ashley wanting to sell Newcastle United unless he believes that he had drained every last bit of benefit from our club.
I think Ashley is wanting to spread his wings and ideally wants to have control of both clubs.
The demise of Rangers and their demotion down the leagues, caused massive harm to Scottish football, as well of course to the club and its supporters.
With their financial problems growing by the day, the collapse of Rangers for a second time when they are on the brink of making it back into the Premier League would be disastrous for Scottish football as a whole.
The Scottish FA do have the power to give Mike Ashley special dispensation to own more than that 20% of Rangers and this could well be the Newcastle owner’s strategy.
What a decision potentially for that Scottish FA; allow Rangers to collapse again or allow Mike Ashley to get his way and effectively take control of Rangers as well as Newcastle United.
Both sets of fans will be watching Ashley’s next move with interest.
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