Premier League: Newcastle United owner's lawyer says many interested in buying club since selling announcement

A number of parties have expressed interest in buying Newcastle United after owner Mike Ashley put the Premier League club up for sale on Monday, his lawyer Andrew Henderson said on Thursday.

File image of Newcastle United's owner Mike Ashley, left, and managing director Lee Charnley, right, are seen in the stand. AP

File image of Newcastle United's owner Mike Ashley, left, and managing director Lee Charnley, right, are seen in the stand. AP

PCP Capital Partners, the investment firm run by British businesswoman Amanda Staveley, expressed interest in bidding around $400 million for the club after Ashley announced he would sell the club after 10 years in charge.

“Since Monday, a number of additional parties have come forward which we believe to be credible,” Ashley’s lawyer said in a statement released to Sky Sports.

“We are also continuing to engage with a number of parties with whom we had entered into negotiations prior to Monday’s announcement.”

Newcastle have been relegated twice since Ashley took charge in 2007. After winning promotion back to the Premier League last season, Rafael Benitez’s side are ninth in the standings with 11 points from eight games.


Updated Date: Oct 20, 2017 15:56 PM

Also Watch

It's A Wrap: Omerta star Rajkummar Rao in conversation with Parul Sharma
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Thursday, April 19, 2018 Watch: National-level skater and coach Dhwanit Rele trains and nurtures budding athletes
  • Monday, May 14, 2018 FOMO Episode 1: Google Assistant, This is America, Sonam's wedding & Global Warming
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See