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Newcastle backs Ashley
- Written by Indo-Asian News Service
- Updated: June 08, 2007 03:06 pm IST
Read Time: 1 min
Newcastle, United:
Newcastle United has backed billionaire Mike Ashley's offer for the acquisition of the remaining shares in the Premier League soccer club.
On May 23, Ashley's St James holdings announced it had bought 55 million Newcastle United shares, representing a stake of 41.6 per cent.
On May 23, Ashley's St James holdings announced it had bought 55 million Newcastle United shares, representing a stake of 41.6 per cent.
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