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Man Utd legend Ferdinand defends Ashley over lack of Newcastle transfer spending

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Manchester United legend Rio Ferdinand has defended Newcastle United owner Mike Ashley over the club's lack of signings.

“At the same time I understand Mike Ashley.



What I'm saying is, I think Mike Ashley, you can't hammer him and say that he should be spending when he wants to sell the club.



He's got a price and he's going to wait to get it.

Speaking on the matter, Ferdinand said: “I understand Rafa's frustrations because as a manager you want the ability to go out and spend money, but they're not in that position.

Why is he going to spend more and more money - millions and millions of pounds - when he's actually looking to sell the club?

He's spent money at that football club, he's just not going to spend it at this time.
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