Mike Ashley has decided some time ago to sell Newcastle. But as the world is facing money problems ,it was going to be difficult to find a buyer who would pay that much in this time.
Ashley has now decided t bring the price down to 280, million pounds or 300 million pounds.
Now let us remember that he bought Newcastle for 133 million pounds, and after paying upthe loans and clearing the debts which came to 243, million pounds.
Now if he gets his 300, million pounds for the club he will still have made a neat profit of 50,million pounds and he would be happy. .
A party from Singapore has come forward to buy the club, let us see iif it works out.
No comments:
Post a Comment