Ashley asks Dubai group for €609m

NEWCASTLE owner Mike Ashley is asking for a staggering €609million to sell the club to a group of investors from Dubai, according to Arabian business experts.

Despite the Dubai ruling family insisting they are not looking to buy any Premier League club, talks have been opened between Ashley and the Dubai-based group Zabeel Investments, according to ArabianBusiness.com.

Sale documents have been given to Zabeel by Ashley containing a price of US$860 million (€609million) for the club he bought for £130million (€164m) 16 months ago, and then ploughed another £100million (€126m) into.