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Bloomberg News – Ashley Likely To Keep Newcastle – Continue To Run It Into The Ground

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There was a report in Bloomberg News yesterday about how Rafa has failed once again to sell Newcastle United.

And at the same time – as we said earlier – he continues to run Newcastle United in the ground with as little investment as possible.

Here are some excerpts from the Bloomberg News report – the first is that  he’s difficult to negotiate with: And about how he came to own Newcastle in the first place: And finally why he doesn’t really seem to want to sell Newcastle.



The fact Ashley doesn’t like to spend the club’s money is one reason we have been relegated twice under his ownership and have struggled against relegation many other times.

That’s even after he said in early December he was very keen to sell the club and that negotiations were the furthest along they had ever before.

A perfect cover for Ashley as long as the club’s up for sale.

Ashley can keep putting Newcastle up for sale again and again and pretend he wants to sell the club, while the reality is he has no real intention of doing that.
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