Mike Ashley 'seeks clarity' over £350m Newcastle United takeover

Mike Ashley is “seeking clarity” about the progress on a takeover at Newcastle United, according to a report.

Wednesday, 26th June 2019, 5:26 pm
Updated Wednesday, 26th June 2019, 6:30 pm
Mike AShley.

Ashley has been looking to sell the club, which this week revealed it would lose manager Rafa Benitez on June 30, since late 2017.

The Dubai-based Bin Zayed Group claimed last month that they had “agreed terms” on a £350million takeover at St James’s Park.

Newcastle’s hierarchy are drawing up a managerial shortlist amid anger on Tyneside at Benitez’s departure, but it’s not clear whether Benitez’s successor will be a manager or a head coach.

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And Press Association Sport report that Ashley “is seeking clarity on the progress being made by interested parties”.

The report adds: “Any conclusion appears to be several weeks, if not months away, and that could mean appointing a manager on a short-term basis”.