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'I know that for a fact' - Mick Quinn shares why Mike Ashley has failed to sell Newcastle

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Former Newcastle striker Mick Quinn has slammed owner Mike Ashley for making it too hard for any prospective buyers to take over the Magpies.

Ashley has been trying to sell the club for over a year now, with previous negotiations collapsing with Middle Eastern investors while former Premier League executive Peter Kenyon is leading a consortium in a current attempt to buy the club.

Quinn has now delivered a dig towards Ashley after the Magpies’ 2-1 loss to Chelsea at the weekend, claiming the Sports Direct tycoon is making it far too hard for anyone to invest in the club.

Speaking on Alan Brazil’s Sports Breakfast on talkSPORT [Monday, 09:36], he said: “It is Mike Ashley’s club, and he can do what he wants, that’s his prerogative. But just say: ‘There’s no investment, there’s no money, and I want to get out as soon as possible.’

“The reason no one has bought Newcastle United is because he’s made it so difficult for people to buy it, and I know that for a fact. He’s made it so difficult.”


It is clear for anyone with any sense to see that Ashley is not exactly pushing hard to sell Newcastle, despite his claims to the contrary. The Magpies owner has set his asking price extremely high considering the position which the club find themselves in, and has so far refused to include any clause in case of relegation, which is a real possibility for the Magpies this season. Both of those factors means that potential investors are being put off, and those who are keen on investing are being prevented from doing so. The collapse of talks with Amanda Staveley and PCP Capital Partners last year are an illustration of that, while the failed attempts of Peter Kenyon to take the club over this year are also a warning sign. This will he, won’t he situation is also causing far more friction with the fans, who are being strung along and want to believe the club are for sale, but realise that may not actually be the case. 

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