Newcastle United owner Mike Asley is reportedly willing to sell the club in which he has put six years of investment into, according to the Independent.

However, Ashley would only be willing to do this if he can recoup the investment he put into the club - but not a penny less. 

Figures released by Deloitte show that Newcastle's debt currently stands at £267m - and Ashley is looking for that amount to walk away from the club.

It has been a six-year tenure filled with controversy from the very beginning.

The latest controversial decision by Ashley was the appointment of Joe Kinnear as the club's new director of football - a decision that has resulted in renewed calls for him to leave the club. 

On Monday night a Newcastle supporters group held a meeting. They then released a statement following it, where they expressed what they had concluded: that Ashely should sell. 

The statement read: "This house declares that Mike Ashley is not a fit and proper custodian of a footballing institution that has a proud history and tradition, and enjoys one of the biggest and most fervent followings in European football.

”We call for Mike Ashley to consider his position as owner of Newcastle United and to begin a process of exiting before he does any more damage to either the club or his own reputation.“

Other controversial decisions leading up to this include the departures of Kevin Keegan and Alan Shearer, along with the quite shocking appointment of Kinnear, on two occasions, as well as the unexpected relegation in 2009 - and the failed attempt at renaming St James' Park, culminating with the four-year sponsorship deal with Wonga.

 

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Topics:
#Premier League
#Newcastle United
#Football