Mike Ashley is considering an offer from a Chinese consortium to invest in Newcastle United. A stake rather than a full takeover seems to be on the table, but a minority investment could lead to a complete takeover in time.
Ashley values his stake at £350m -£400m which has so far deterred potential buyers, but the Chinese appetite for a slice of Premiership action is strong. A substantial investment would help Newcastle to recruit top players.
Mike Ashley is considering an offer from a Chinese consortium to invest in Newcastle United. A stake rather than a full takeover seems to be on the table, but a minority investment could lead to a complete takeover in time.
Ashley values his stake at £350m -£400m which has so far deterred potential buyers, but the Chinese appetite for a slice of Premiership action is strong. A substantial investment would help Newcastle to recruit top players.