Published: Thu, December 06, 2018
Sport | By Kayla Schwartz

Mike Ashley in advanced talks to sell Newcastle United

Mike Ashley in advanced talks to sell Newcastle United

Mike Ashley has told Sky News he wants to sell Newcastle before the January transfer window and says a deal could happen.

The contentious businessman also claimed that, "talks are in a more progressed stage than they've ever been". "Before the January transfer window".

Back in October 2017, Ashley announced that the Magpies were for sale, and in November, Toon fans rejoiced as a deal with Amanda Staveley's PCP Capital Partners group was seemingly on the verge of going through.

The club's precarious Premier League status has, in turn, made potential investors wary of meeting Ashley's demands, with fears of the economic impact that any relegation to the Championship might have.

But earlier today, American outlet AJC revealed the billionaire was NOT the man ready to end Ashley's 11-year reign as owner of Newcastle.

The Newcastle boss said he is "hopeful" of stepping aside to find an owner "that will please everybody".

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Asked how likely a deal before January actually is, Ashley stated that realistic is "too strong a word" and suggested it was more "possible".

Blank is just one of the potential candidates ready to take Newcastle off Ashley's hands.

"[Is that] Realistic? It's possible".

Let's not forget that Ashley has often used the media entity as a platform to make some outlandish statements, including saying that he doesn't have "cash in the bank" and that manager Rafa Benitez could have "every penny we [Newcastle] generate".

After taking just three points from their opening ten games, Benitez's side have improved recently, winning three successive games before West Ham eased past them at St James' Park.

"I'm very keen to sell it to the right buyer so that everybody's happy", he added.

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