Newcastle United owner Mike Ashley has denied reports that the club is for sale. It had been suggested that he was interesting in taking over Rangers in which he has a 9 per cent stake. However, he has also said that he will not be buying any more shares in Rangers.
A takeover at some point in the future has not been completely ruled out, however, as he has said that he will not sell the club until the end of next season.
Newcastle United owner Mike Ashley has denied reports that the club is for sale. It had been suggested that he was interesting in taking over Rangers in which he has a 9 per cent stake. However, he has also said that he will not be buying any more shares in Rangers.
A takeover at some point in the future has not been completely ruled out, however, as he has said that he will not sell the club until the end of next season.
Pressure continues to be felt by manager Alan Pardew even though he is only two years into an unusual eight year contract. A recent poll of Toon fans found that 85 per cent wanted him to go. Even Ashley is said to be uneasy about the level of performance he is achieving.