Reports in the media this week are suggesting Newcastle chairman Mike Ashley is ready to sell his beloved club. But Mike Ashley believes Newcastle Football club is worth a whopping £435m, and has set the price-tag.
Experts believe Ashley is testing the market in an attempt to make a huge profit, as the billionaire businessman only paid £300m for the club a year ago. Free Online Betting TotalOdds.net:
Ashley has himself invested over £100m into the club, but has yet to see any returns. Experts believe, Ashley is a clever business man, and it's time for him to get out. But Newcastle insist the reports are a complete fabrication and Newcastle football club is not for sale.
"It is absolute nonsense," they said.