Ashley Slashes Price? Says Who?

Last updated : 07 December 2008 By Footy Mad - Editor
But the Sunday Sun today reports: "Mike Ashley has slashed the club's price tag to £200 million - but still has no takers.
 
"And he now faces having to shell out on new players in January . . . with manager Joe Kinnear and director of football Dennis Wise meeting to finalise a list of targets on Tuesday.

"Ashley's asking price for Newcastle has now dropped by an incredible £250m.

"But the global financial crisis has scuppered his exit plan.

"He purchased the club for £133m and spent a further £57m to settle a loan for the redevelopment of St James's Park."

The interesting article does not seem to have any basis in fact.

No quote from Ashley, Joe Kinnear or the club ... just a lot of speculation.