Mike Ashley, the owner of English Premier League club, Newcastle United, is to put the club up for sale after a series of protests by angry supporters, according to UK press reports.
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Mike Ashley, the owner of English Premier League club, Newcastle United, is to be put the club up for sale after a series of protests by angry supporters, according to UK press reports.
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Having invested around £250 million in the club, Ashley has said that he is now unable to watch the Newcastle team due to fears over his family’s safety.
In a letter to fans on the club’s website (www.nufc.premiumtv.co.uk) Ashley said: "I am now a dad who can't take his kids to a football match on Saturday because I am advised that we would be assaulted. Therefore I am no longer prepared to subsidize Newcastle United. I am putting the club up for sale."
Ashley completed his 134 million pounds takeover of the club in July, 2007, and has since become well-known for wearing a replica shirt and sitting with fans during the club's matches.
However, the relationship with the fans has deteriorated rapidly since the sudden exit of coach Kevin Keegan on September 4 just eight months after returning for a second spell as manager, saying he did not have full control over the buying and selling of players. Since then fans have vented their fury on millionaire sportswear tycoon Ashley and director of football Dennis Wise who was recruited by Ashley shortly after Keegan returned to Tyneside in January.
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Having invested around £250 million in the club, Ashley has said that he is now unable to watch the Newcastle team due to fears over his family’s safety.
In a letter to fans on the club’s website (www.nufc.premiumtv.co.uk) Ashley said: "I am now a dad who can't take his kids to a football match on Saturday because I am advised that we would be assaulted. Therefore I am no longer prepared to subsidize Newcastle United. I am putting the club up for sale."
Ashley completed his 134 million pounds takeover of the club in July, 2007, and has since become well-known for wearing a replica shirt and sitting with fans during the club's matches.
However, the relationship with the fans has deteriorated rapidly since the sudden exit of coach Kevin Keegan on September 4 just eight months after returning for a second spell as manager, saying he did not have full control over the buying and selling of players. Since then fans have vented their fury on millionaire sportswear tycoon Ashley and director of football Dennis Wise who was recruited by Ashley shortly after Keegan returned to Tyneside in January.
