Rio Ferdinand defends MIke Ashley's financial stance as Newcastle owner

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Football News

Remember the days when Newcastle United were one of the top Premier League clubs, boasting the likes of Alan Shearer and Les Ferdinand? 

It's been a long time.

Since the club has been owned by pantomime villain Mike Ashley the club has fallen to 'yoyo club' status, with Ashley providing little to no financial backing.

The Magpies are currently 18th in the table with just four wins from 22 league games thus far. This has come as no surprise to fans, as the Newcastle faithful become increasingly disconnected to their owner.

Ashley also owns House of Fraser - which he bought for £90 million in August 2018 - whilst having a 30% stake in retail-rivals Debenhams.

Current Newcastle boss Rafa Benitez has also been very vocal about the lack of financial investment, claiming that his side need to make quite a few signings to be a Premier League mainstay.

Rio Ferdinand has had his say on Ashley's approach as Newcastle owner and it may surprise a lot of people.

The ex- Manchester United defender was very passionate about the subject, brushing off any attempt by presenter Jake Humphrey to provide a counter argument.

Newcastle fans were unsurprisingly taken aback by the comments and rushed to Twitter to vent their frustrations.

Many fans have pointed to Ferdinand's association with Ashley's company Sports Direct, with the former England international's clothing line being sold in their stores.

Ferdinand's idea that Newcastle fans should thank their owner for what he has done was never going to go down well.


Rio has always been one to speak his mind about a plethora of subjects but knowing the backlash he would receive from these comments, maybe he should've kept quiet on this one.

What do you think about Rio Ferdinand's comments? Have your say in the comments section below.

England Football
Newcastle United

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