Mike Ashley, who owns Soccer World, the biggest sports retailer, bought 41.6% share from Newcastle chairman, Sir John Hall for £55m..not a bad investment for Sir John....He invested £3m into Newcastle in the 1980's !!!
He wants to gain control of the club if he buys Freddie Shepherd's remaining share - 28% I think, to take full control and take the club off Stock Exchange and turn it into a private ownership.
What do you think? I think he bought it on cheap but good for the club as Mike has money to burn to make Newcastle a successful football club!
Mr Ashley's holding company, St James Developments is one of my customers!
Full Version: Newcastle Football Club
Close the club down! Newcastle Utd aint much of a club anyhoos 
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