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Monday, June 08, 2009


Newcastle owner Mike Ashley has confirmed he's put the club up for sale for £100million.

More than a week after it emerged that Ashley was looking to get out for the second time since he took control, the Magpies issued an official statement setting a price as Keith Harris, chairman of investment bankers Seymour Pierce, continued his search for buyers.

The statement read: "The board of Newcastle United can today confirm that the club is for sale at the price of £100million.

"Interested parties should contact Newcastle United at (or Keith Harris at Seymour Pierce) for further details.

The announcement came as no surprise, with Ashley's desperation to offload the club he bought for £134.4million in May 2007 growing by the day.

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