Ashley seeks Newcastle sale

30 May 2009 10:06
Newcastle owner Mike Ashley has revealed he wants to sell the club "as soon as I can".[LNB] Earlier this week Ashley apologised for mistakes he made during the season which ended in relegation from the Barclays Premier League.[LNB] Now he wants to offload the club and recoup some of his massive investment. "It has been catastrophic for everybody. I've lost my money and I've made terrible decisions. Now I want to sell it as soon as I can ... advisers will be appointed shortly," he told The Sunday Times.[LNB] Ashley had sought a buyer last year, following supporters' angry criticism after Kevin Keegan's departure from the club. He now regrets buying his 100% stake in Newcastle in 2007.[LNB] "Of course I regret it," he said.[LNB] "I never said I was an expert in football clubs. I was just a fan - although a very wealthy fan. But I'm not so wealthy now. I put my money into it and I tried my best. But I accept my best was woefully short. I am genuinely sorry for everybody about what has happened."

Source: Eurosport