Ashley closes in on Newcastle control

Mike Ashley is on course to take Newcastle back into private ownership after increasing his stake in the club to 77.06%.

Fri, 15 Jun, 2007 - 19:33

Mike Ashley is on course to take Newcastle back into private ownership after increasing his stake in the club to 77.06%.

The billionaire businessman today completed his purchase of chairman Freddy Shepherd’s 28.01% stake to take control of the Barclays Premier League club.

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