Football

Ashley to meet Magpies board

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Football News
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Mike Ashley is set to meet with the board of Newcastle next week as he attempts to push through his takeover of the club.

The sportswear tycoon bought a 41.6% holding in the St James´ Park club from former chairman Sir John Hall and his family on Wednesday for in excess of £55million.

Because of a fractured rib current chairman Freddy Shepherd was out of circulation when news of St James´ Holdings Limited´s takeover bid, which would be worth £133.1million in total, broke on Wednesday. But a board meeting has now taken place and Ashley has been invited to "an early meeting" next week.

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Topics:
Football
Premier League
Newcastle United

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