Newcastle takeover: Chinese consortium considering buying out Mike Ashley – report


Mike AshleyGETTY

Newcastle P Mike Ashley is considering his options

Sky Sports claim there is weighty takeover interest from a Chinese consortium and a number of international rave-ups are thinking about buying the club off current owner Mike Ashley.

Master b crush in Ocotober there were reports of interest from China of a capacity takeover of the Magpies.

And it seems after Rafa Benitez guided the team up back to the Premier League last season, Newcastle are once again the affair of a possible takeover.

Any proposed deal would prove difficult nonetheless with current owner Ashley having been in charge for done with 10 years now.

However, Sky Sports claim the Sports Direct magante could be unbosom to the idea of selling the club, having reportedly twice tried to area ways with the north east outfit.

Huge investment from a Chinese consortium could succour Benitez go a long way with his transfer spending plans this summer.

Benitez at ones desire be well aware of the transfers they need to make in order to assure they aren’t involved in a relegation battle next season.

Invest in in April, the Newcastle Chronicle claimed Benitez could have up to £100m to lavish in the transfer window.

They suggested Benitez was on the lookout for a new centre-forward, left-winger, full-back engulf and a new centre-back.

The Spaniard has already snapped up Christian Atsu from Chelsea on a invariable deal after he spent the campaign on loan last term.

Thinking over a Chinese takeover has been rife following the club’s new administer with Asian betting company Fun88 and managing director Lee Charnley was recently in the Far East to support the club reach a sponsorship agreement worth in excess of £24million to the ground five years.

Newcastle have so far declined to comment on reports of piece from a Chinese consortium.

Comment (1)

  1. Francis Camara · Edit

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