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Monday, June 08, 2009

NEWCASTLE UTD FOR SALE AT £100 MILLION

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 admin@nufc.co.uk (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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